Glenwood, IL Real Estate

According to census data in the year 2000 there were 3,470 housing units in Glenwood. This represents a 4.4% growth from 3,325 in 1990.

Of those housing units, 3,470 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Glenwood is about 86.7%. Glenwood's vacancy rate, including seasonal lodging, is about 2.4%. Average household size is 2.67 people.

The majority of houses, apartments or condos in Glenwood were built after 1970.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.60%
Two Bedrooms25.20%
Three Bedrooms45.50%
Four Bedrooms21%
Five Bedrooms or more3.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1969
Median Value of occupied units$126,800
Median Price asked for vacant units$92,500

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1973
Median Monthly Rent asked for vacant units$625

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.50%
Home Equity Loan11.10%
Simple Mortgage59.70%
Debt Free23.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%