Median real estate price in the City Center of Glenwood is $142,347, which is less expensive than 80.4% of Minnesota neighborhoods and 65.3% of all U.S. neighborhoods.
The average rental price in Glenwood City Center is currently $844, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.2% of Minnesota neighborhoods.
Glenwood City Center is a suburban neighborhood (based on population density) located in Glenwood, Minnesota.
Real estate in the City Center of Glenwood, MN is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Glenwood City Center. The current real estate vacancy rate here is 21.0%. This is higher than the rate of vacancies in 86.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (12.7%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.