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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.60% |
| Two Bedrooms | 25.20% |
| Three Bedrooms | 45.50% |
| Four Bedrooms | 21% |
| Five Bedrooms or more | 3.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $126,800 |
| Median Price asked for vacant units | $92,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $625 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.50% |
| Home Equity Loan | 11.10% |
| Simple Mortgage | 59.70% |
| Debt Free | 23.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |
