Glenwood, IA


Highest Appreciating Glenwood Neighborhoods Since 2000

Glenwood, IA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Glenwood Housing Market Information

With a population of 5,253, 1,828 total housing units (homes and apartments), and a median house value of $175,298, Glenwood real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Glenwood, accounting for 72.73% of the city's housing units. Other types of housing that are prevalent in Glenwood include large apartment complexes or high rise apartments ( 15.69%), duplexes, homes converted to apartments or other small apartment buildings ( 7.04%), and a few row houses and other attached homes ( 2.92%).

The most prevalent building size and type in Glenwood are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.14% owning and 40.86% renting.

There is a lot of housing in Glenwood built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Glenwood built between 1940-1969 ( 28.10%). A lesser amount of the housing stock also hails from before 1939 ( 17.55%). There's also some housing in Glenwood built between 2000 and later ( 11.48%).

Vacant housing appears to be an issue in Glenwood. Fully 15.37% of the housing stock is classified as vacant. Left unchecked, vacant Glenwood homes and apartments can be a drag on the real estate market, holding Glenwood real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Glenwood Home Appreciation Rates

Appreciation rates for homes in Glenwood have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 2.77%, which ranks in the top 50% nationwide. This equates to an annual average Glenwood house appreciation rate of 0.27%.

NeighborhoodScout's data show that during the latest twelve months, Glenwood's appreciation rate, at 3.61%, has been at or slightly above the national average. In the latest quarter, Glenwood's appreciation rate has been 1.69%, which annualizes to a rate of 6.94%.

Importantly, this makes Glenwood one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Iowa, our data show that Glenwood's latest annual appreciation rate is lower than 60% of the other cities and towns in Iowa.

Average Home Values


Median Home Value:


Value Range
> $1,089,000 0.0
$816,001 - $1,089,000 0.6
$544,001 - $816,000 1.0
$436,001 - $544,000 1.9
$326,001 - $436,000 5.2
$218,001 - $326,000 15.9
$108,001 - $218,000 58.9
$54,001 - $108,000 14.6
$0 - $54,000 1.8

High for IA
High for Nation

Value Relative to Nation Value Relative to State
39.8335872495019 20.9876543209877

Number Of Homes And Apartments:

Glenwood Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
23.96% 1.25% 1 3
* 10 is highest

Rent & Ownership


Average Market Rent:
$734 / per month

Homeownership Rate

Owners 59.14
Renters 40.86
Vacant 15.37

Housing Market Details


Age of Homes

2000 or Newer 11.5
1970 - 1999 42.9
1940 - 1969 28.1
1939 or Older 17.5

Types of Homes

Single-Family 72.7
Townhomes 2.9
Small Apt. Buildings 7.0
Apt. Complexes 15.7
Mobile Homes 1.6
Other 0.0

Home Size

No Bedroom 2.64
1 Bedroom 15.79
2 Bedrooms 21.11
3 Bedrooms 42.45
4 Bedrooms 12.78
5 or more bedrooms 5.23