Glenwood, IA—51534
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Glenwood, IA
As of Oct '25, the median home price in Glenwood, IA is $306,000, with a year-over-year change of 4.1%. This indicates that home prices in Glenwood, IA are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $306,000 | 4.1% |
| Single Family | $307,000 | 4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $215,000 | 3.4% |
3 Bed | $290,000 | 4.3% |
4 Bed | $438,000 | 4.8% |
| 5 Bed | $535,000 | 6.4% |
% of Housing Stock
Rental Trends — Glenwood, IA
As of July '25, Rentcast reports the average rent in Glenwood, IA is $889, with a year-over-year rent change of -10.8%. Per bedroom, the median rent as of July '25 in Glenwood, IA is studios: $825, 1-bedrooms: $953. The most common rental property sizes in Glenwood, IA are 1-bedroom and 3-bedroom, accounting for 45.3% and 27.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $825 | $889 |
| Studio Rent | $825 | $825 |
| 1 Bed Rent | $953 | $953 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Glenwood, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Glenwood, IA is 31. This is a increase of 11.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $362,000 | 6.0% |
Listing Count | 45 | 29.0% |
| Listings as % of Homes | 0.3% | 29.0% |
Days on Market | 31 | 11.0% |
Demographics — Glenwood, IA
As of the latest ACS Survey released in 2023, Glenwood, IA has a population of 9,240, which has remained stable by 0.1% over the past 5 years. Glenwood, IA is a moderately popular place for families, as children make up 23.2% of the population. The area has a moderately educated workforce, with 33.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,240 | 0.1% |
% Under 18 | 23.2% | -4.1% |
% Seniors | 20.8% | 34.2% |
% WFH | 10.2% | 155.0% |
% w/ College Degree | 33.2% | 28.7% |
As of the latest ACS Survey released in 2023, Glenwood, IA is a predominantly white area, with 92.2% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Glenwood, IA is hispanic, making up 4.9% of the population. Foreign-born residents account for 1.5% of the population in Glenwood, IA, and this percentage has increased by 15.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.2% | -2.8% |
% Black | 0.2% | -77.8% |
% Hispanic | 4.9% | 75.0% |
% Asian | 0.3% | 50.0% |
% Foreign Born | 1.5% | 15.4% |
Mortgage and Risk — Glenwood, IA
According to HUD data as of 2023, there were 343 mortgage originations in Glenwood, IA, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Glenwood, IA. Investor activity is low, as 8.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 343 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 8.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Glenwood, IA
Glenwood, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 204 |
Total Units Section 8 | 204 |
% Rentals under Section 8 | 30.0% |
% Occupied Section 8 | 92.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$73 | $953 | $880 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | N/A | N/A | $1,410 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Glenwood, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $306,000 |
| Median Household Income | $89,000 |