Glenwood, IL

Real estate in Glenwood is a hot commodity. The city has seen an influx of new residents and businesses in recent years, which has led to an increase in home prices and rental rates.

The median home price in Glenwood was $269,900 as of September 2017, according to the Illinois Regional Multiple Listing Service. This is significantly higher than the median home price statewide of $183,500. In addition, the city's average monthly rent rate was $1,049 as of September 2017. This is also much higher than the statewide average monthly rent rate of $814.

One reason for the high demand for real estate in Glenwood is its proximity to major metropolitan areas such as Chicago and Springfield. These cities offer a wealth of amenities and opportunities that are attractive to residents and businesses alike. Additionally, Glenwood offers a variety of housing options that cater to different needs and budgets. There are single-family homes as well as apartments and condos available for purchase or rent.

Despite the high demand for real estate in Glenwood, there are still plenty of properties available for purchase or rent. If you're interested in buying or renting a property in this city, be sure to contact a real estate agent who can help you find what you're looking for.