The housing market in Glenwood, MN is thriving. The current median value of a house in the area is $193,000, which is significantly lower than the national median value of $338,100. This makes Glenwood an attractive option for potential buyers looking to get more bang for their buck. In addition, the one year appreciation rate for houses in Glenwood is 7.75%, which is slightly lower than the national appreciation rate of 8.27%. With these figures, it's easy to see why buying a home in Glenwood can be a great investment.
The median home cost in Glenwood is $193,000. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Glenwood is up 13.6%.
Average Age of Homes
- The median age of Glenwood real estate is 54 years old
The Rental Market in Glenwood
- Renters make up 38.0% of the Glenwood population
- 0.0% of houses and apartments in Glenwood, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.