Glenwood, IL Foreclosures
How much do homes sell for in Glenwood, IL?
The average home price is currently $223,297.
In Glenwood, IL, how many homes are available?
There are currently 132 active home listings available in Glenwood.
What’s the average rental cost in Glenwood, IL?
The average rental price in Glenwood is $1,469.
What is the most expensive home in Glenwood?
The most expensive home sold in Glenwood had a price of $4,207,274.
What is currently the cheapest priced home in Glenwood, IL?
The cheapest home for sale in Glenwood is priced at $11,130.
Living in Glenwood, IL
Glenwood is a charming village located in Cook County, Illinois, known for its friendly community and abundant green space. With a mix of suburban tranquility and urban accessibility, residents enjoy a high quality of life. The village offers a range of amenities, top-notch schools, and outdoor activities, making it an attractive place for families and professionals alike.
Current Market Conditions in Glenwood, IL
The real estate market in Glenwood has seen steady growth over the past year, with home prices appreciating due to the high demand for housing in the area. The mix of single-family homes, townhomes, and condos offer options for a diverse range of buyers. Glenwood is currently a seller's market, as inventory levels have struggled to keep pace with buyer interest.
In Glenwood, homes tend to sell quickly, often with multiple offers, particularly for well-maintained properties in desirable neighborhoods. The affordable housing market in the area has attracted first-time homebuyers, while families are seeking spacious homes with access to quality schools and parks.
Home Value Estimator For Glenwood, IL
There are currently 3,473 real estate properties
in Glenwood, IL,
with a median automated valuation model (AVM) price
of $223,680.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Glenwood, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Glenwood, IL,
is $223,297.00, with the most expensive house
in Glenwood, IL, topping out
at $4,207,274.00 and the cheapest home
in Glenwood, IL,
clocking in at $11,130.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Glenwood, IL!
Rent Prices
In Glenwood, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Glenwood, IL, is on
a rollercoaster ride. The
average rent price in Glenwood, IL,
is $1,469.00. Indeed, when looking to rent in
Glenwood, IL, you can expect to pay as little
as $710.00 or as much
as $3,080.00,
with the average rent median estimated to
be $1,530.00. The good news is that finding
an affordable and desirable property to rent in Glenwood, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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