Is Glenwood, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glenwood is a buyer's market

Buyer's
Market

Difference Since July 2021

At the same time last year, Glenwood was a Neutral Market.

Key Takeaway

Glenwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Glenwood, IL cost?

Median Sold Price

$188,500

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$30,550(+19.3%)

Key Takeaway

Homes in Glenwood have sold for 19.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $39.9K$59K
+47.9%
2 $73.5K$104K
+41.5%
3 $162.4K$210K
+29.3%
4 $192.9K$211.5K
+9.6%
5+ $253.5K$262.4K
+3.5%

Median Sold Price Compared To Nearby Cities

Glenwood
+19.3%
Chicago Heights
+14.6%
Thornton
+14.3%
Bloom Township
+10.6%

How many homes are available in Glenwood, IL?

Number of Homes For Sale

Jun 2022Jul 2022%
4846-4.2%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 10
-100.0%
2 1012
+20.0%
3 1919
0.0%
4 1612
-25.0%
5+ 23
+50.0%

Number of Homes Sold

Jun 2022Jul 2022%
165-68.8%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glenwood, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
8 Days6 Days-30.4%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Glenwood are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

New

326 W Holly Ct, Glenwood, IL 60425

326 W Holly Ct, Glenwood, IL 60425

$305,000
2,774 SqFt
3 Bedrooms
~$1,450/mo.*2 Full Baths
Jamie Prisco#11488732
Listing Office:
@properties Christie's International Real EstateMLS logo

New

Backup Offers

732 E Glenwood Dyer Rd Unit 0, Glenwood, IL 60425

732 E Glenwood Dyer Rd Unit 0, Glenwood, IL 60425

$78,900
 
2 Bedrooms
~$400/mo.*1 Full Bath, 1 Partial
Ron Wexler#11480201
Listing Office:
Keller Williams Preferred RltyMLS logo

New

14 N Wabash Ave, Glenwood, IL 60425

14 N Wabash Ave, Glenwood, IL 60425

$179,900
1,337 SqFt
3 Bedrooms
~$850/mo.*1 Full Bath, 1 Partial
Claudette Pendleton#11486924
Listing Office:
Trinity Realty Solutions LLCMLS logo

New

319 E Clark St, Glenwood, IL 60425

319 E Clark St, Glenwood, IL 60425

$159,000
1,650 SqFt
4 Bedrooms
~$750/mo.*2 Full Baths
Jaymi Block#11485966
Listing Office:
Keller Williams EliteMLS logo
39 N Rebecca St, Glenwood, IL 60425

39 N Rebecca St, Glenwood, IL 60425

$214,900
988 SqFt
3 Bedrooms
~$1,050/mo.*1 Full Bath
Frank Montro#11482080
Listing Office:
Keller Williams Preferred RltyMLS logo

Backup Offers

315 E Maple Dr, Glenwood, IL 60425

315 E Maple Dr, Glenwood, IL 60425

$199,500
1,200 SqFt
4 Bedrooms
~$950/mo.*2 Full Baths
Nancy Cremer#11481381
Listing Office:
Prospect Equities Real EstateMLS logo
506 N Longwood Dr, Glenwood, IL 60425

506 N Longwood Dr, Glenwood, IL 60425

$320,000
1,692 SqFt
3 Bedrooms
~$1,550/mo.*2 Full Baths, 1 Partial
Surya Dutta#11481035
Listing Office:
Greatways Realty IncMLS logo

Backup Offers

23 N Walnut Ln, Glenwood, IL 60425

23 N Walnut Ln, Glenwood, IL 60425

$209,900
1,500 SqFt
4 Bedrooms
~$1,000/mo.*2 Full Baths
Neil Gates#11480387
Listing Office:
Chase Real Estate LLCMLS logo
515 S Blackstone Ave, Glenwood, IL 60425

515 S Blackstone Ave, Glenwood, IL 60425

$284,700
1,462 SqFt
3 Bedrooms
~$1,350/mo.*2 Full Baths, 1 Partial
Neil Gates#11480378
Listing Office:
Chase Real Estate LLCMLS logo

Backup Offers

251 E Rose St, Glenwood, IL 60425

251 E Rose St, Glenwood, IL 60425

$229,900
1,092 SqFt
3 Bedrooms
~$1,100/mo.*1 Full Bath, 2 Partial
Christina Horne#11478942
Listing Office:
Chicagoland Realty & Associates IncMLS logo
1051 Glenwood Dyer Rd, Glenwood, IL 60425

1051 Glenwood Dyer Rd, Glenwood, IL 60425

$300,000
  
~$1,450/mo.*
John Wanda#11473238
Listing Office:
Century 21 AffiliatedMLS logo

Backup Offers

535 N Pleasant Dr Unit 2B, Glenwood, IL 60425

535 N Pleasant Dr Unit 2B, Glenwood, IL 60425

$116,000
900 SqFt
2 Bedrooms
~$550/mo.*1 Full Bath
Alicia Bowens#11472781
Listing Office:
Exit Strategy RealtyMLS logo

About Glenwood, IL

Glenwood, IL has 46 homes on the market. Between June 2022 and July 2022, Glenwood, IL real estate market has seen decrease in the number of listings by 4.2%. Listings spent 6 days on the market in July 2022, and had a median list price of $188,500 during the same period. Real estate listing prices changed between June 2022 and July 2022: 1 bedroom properties prices increased by 47.9%, prices of 2 bedrooms properties went up by 41.5%, the cost of 3 bedrooms properties went up by 29.3%, 4 bedrooms properties became 9.6% more expensive, 5 bedrooms properties prices increased by 3.5%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes went down by 100%, the quantity of 2 bedrooms homes went up by 20%, the quantity of 3 bedrooms homes have not changed, 4 bedrooms homes became 25% less available, number of 5 bedrooms homes increased by 50%. Glenwood, IL housing market in July 2022 saw over 3 listings sold above listed price, more than 0 sold at listed price and over 2 sold below.

MLS Disclaimers and Copyright

Based on information from Midwest Real Estate Data for the period 08/01/2020 - 08/01/2022

IDX Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/15/2022, 3:15:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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