Glenwood, IL housing market
The typical Glenwood home is worth about $222,000, up 6.3% in a year, 25% below the Illinois typical home. Homes typically sell in 36 days, below asking.
Home values, sales, trends and how Glenwood compares with the towns next door — updated as new data is published.
Glenwood at a glance
A buyer's market
More homes are for sale than are selling — about 6 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Glenwood | Illinois |
|---|---|---|
| 2017 | $100,000 | $181,000 |
| 2018 | $111,000 | $190,000 |
| 2019 | $119,000 | $195,000 |
| 2020 | $125,000 | $200,000 |
| 2021 | $143,000 | $215,000 |
| 2022 | $171,000 | $236,000 |
| 2023 | $184,000 | $248,000 |
| 2024 | $190,000 | $263,000 |
| 2025 | $203,000 | $278,000 |
| 2026 | $216,000 | $290,000 |
| August 2026 | $222,000 | $298,000 |
Glenwood and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Glenwood | $222K | +6.3% | 36 | $77,391 |
| Chicago Heights | $178K | +2.5% | 80 | $54,798 |
| Lynwood | $285K | +1.9% | 38 | $85,237 |
| Homewood | $254K | +5.6% | 66 | $100,139 |
| Thornton | — | — | — | $59,647 |
2.9 years of income
The typical Glenwood home costs about 2.9 years of the town's median household income, less than across Illinois (3.6 years).
How Glenwood ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Recent listings in Glenwood
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.