Glenwood, IL is a great place to live in, with an attractive median value of $192,200. This is significantly lower than the U.S. House Median Value of $338,100, making it more affordable and attractive for potential buyers. Additionally, the 1 year appreciation rate for houses in Glenwood is 9.35%, which is higher than the U.S. average of 8.27%. Therefore housing prices are increasing at a rapid rate and Glenwood is becoming an increasingly popular choice for home buyers looking for good value and a safe investment.
The median home cost in Glenwood is $192,200. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Glenwood is up 13.7%.
Average Age of Homes
- The median age of Glenwood real estate is 46 years old
The Rental Market in Glenwood
- Renters make up 15.1% of the Glenwood population
- 0.0% of houses and apartments in Glenwood, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.