Photo: AlphaBeta135 · CC BY 4.0112 homes sold in Glenwood in the last year, at a typical $203K
About one sale in 6 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Glenwood homes are listed.
Every place Glenwood homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Glenwood.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
16% of Glenwood’s sales are condos, at $116K less than a house
87 houses and 17 condos sold in the year to May 2026. Houses sell faster. Condos draw more bidding wars.
typical sale · 87 sold in the year to May 2026
- Per square foot
- $150IL $180
- Days to sell
- 84
- Sold over asking
- 28%
- Listings with a price cut
- 33%
typical sale · 17 sold in the year to May 2026
- Per square foot
- $103IL $251
- Days to sell
- 146
- Sold over asking
- 47%
- Listings with a price cut
- 22%
Fewer homes sell than before 2022, at 2.2 times the 2016 price
112 sales in the last year, against 155 in 2021 and a low of 102 in 2025. The typical sale went from $93K in 2016 to $203K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $200K buys in Glenwood
Check a listing against what Glenwood homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Glenwood are more common than before the pandemic, and more homes are for sale
We read every month of Glenwood’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 112 sales.
If you’re buying in Glenwood
- Shop in March. It brings about 15 new listings a month, close to the busiest month, with fewer bidding wars (32% over asking).
- Bid near asking. Buyers paid 98.4% of the list price on average; 33% paid over.
- You’ll usually have time. Only 26% of homes go under contract within two weeks; the typical one takes 83 days.
Summer brings both the most homes and the most bidding wars
August has the most new listings (about 18 a month), and the most competition: 42% close over asking. March and April offer nearly as much choice with fewer homes bid up (32%). February has the least competition (28%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Illinois as a whole
| Glenwood now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 33% | 27% | 55% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 26% | 31% | 60% | 45% |
| Price paid vs. askingAverage sale price ÷ list price | 98.4% | 97% | 101.8% | 99% |
| Days to sellMedian days from listing to contract | 83 | 66 | 12 | 51 |
52 homes for sale on a typical day
That’s 3.4 times the 2021 low (15), 23% more than in 2017–19 and well under 2012’s 74.
Since 2019, houses are up 58%, condos 91%
A house typically sold for $223K in the year to May 2026 (87 sales), a condo for $107K (17).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Glenwood ranks 206th of 327 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Glenwood is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Glenwood home costs about $1,558 a month
Price: Glenwood’s typical sale, last 12 months. Property tax at Glenwood’s 3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Glenwood is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. December has the fewest, about 8.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $203K home, about $5,980 a year.
Taxes vs. neighborsSchools
The schools grade for Glenwood, from test results, graduation and how much students grow.
Schools in GlenwoodTypical commute
The average one-way trip to work for people who live in Glenwood.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
East Hazel Crest sells for less a square foot
The busier markets within 25 miles of Glenwood, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Lansing | 358 | $205K | $147 | 36% | 74 |
| Homewood | 257 | $248K | $164 | 33% | 66 |
| Chicago Heights | 229 | $192K | $144 | 38% | 76 |
| Flossmoor | 113 | $323K | $154 | 37% | 73 |
| Glenwood | 112 | $203K | $137 | 33% | 83 |
| Lynwood | 92 | $251K | $143 | 33% | 74 |
| East Hazel Crest | 23 | $201K | $129 | 30% | 114 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Glenwood, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Glenwood. People who follow the town see it, and so do people comparing Glenwood with their own town. No commission, no listing fee.
Questions about buying a home in Glenwood
What do homes sell for in Glenwood, IL?
112 homes sold in the year to September 2026 at a typical $203K, $137 a square foot. Houses sold for about $223K, condos for about $107K in the year to May 2026.
Is Glenwood a buyer’s or seller’s market?
A buyer’s market: 57 homes were for sale in September 2026 and 9 sold, about 6.1 months of supply. Buyers paid 98.4% of asking on average.
When is the best time to buy in Glenwood?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Glenwood?
About 3% of a home’s value a year. On a $203K home that’s near $5,980.
Where can I see homes for sale in Glenwood?
Zillow, Redfin, Realtor.com and Homes.com all carry Glenwood’s MLS listings; the search links above open each one filtered to Glenwood.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).