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Glenwood, MN Real Estate


According to census data in the year 2000 there were 1,187 housing units in Glenwood. This represents a 4% decline from 1,237 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,187 were located in what is classified as a rural area.

Homeownership rate in Glenwood is about 64.6%. Glenwood's vacancy rate, including seasonal lodging, is about 5.2%. Average household size is 2.09 people.

The majority of houses, apartments or condos in Glenwood were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom14.70%
Two Bedrooms35.30%
Three Bedrooms35.60%
Four Bedrooms10.70%
Five Bedrooms or more2.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1950
Median Value of occupied units$66,200
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size1.53
Median year structure was built1969
Median Monthly Rent asked for vacant units$189

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.10%
Home Equity Loan3.70%
Simple Mortgage53.40%
Debt Free40.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%