Glenwood, IA 51534 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Glenwood, IA—51534

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$306,000

4.3% YoY Growth

Household Income

$89,000

22.7% YoY Growth

Days on Market

23.0% Longer YoY

Home Price Forecast

2.0%

Median Rent

$825

10.8% YoY Growth

1-Bed Rent

$953

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Glenwood, IA

As of Nov '25, the median home price in Glenwood, IA is $306,000, with a year-over-year change of 4.3%. This indicates that home prices in Glenwood, IA are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$306,000	4.3%
Single Family	$306,000	4.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

1 Bedroom

45.3%

2 Bedrooms

24.9%

3 Bedrooms

27.1%

4 Bedrooms

2.7%

Property Listings — Glenwood, IA

As of Nov '25, Realtor.com reports that the median days on market for a home in Glenwood, IA is 54. This is a increase of 23.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$345,000	17.0%
Listing Count	35	11.0%
Listings as % of Homes	0.3%	11.0%
Days on Market	54	23.0%

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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%

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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%

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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%

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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

Glenwood, IA—51534

Key Metrics at a Glance

Home Price Trends — Glenwood, IA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Glenwood, IA

% of Rental Stock

Property Listings — Glenwood, IA

Demographics — Glenwood, IA

Race and Ethnicity

Mortgage and Risk — Glenwood, IA

Mortgages

Rentals and Section 8 — Glenwood, IA

Section 8 Market Size

Section 8 Opportunity

Affordability — Glenwood, IA

Home Price to Income Ratio

Glenwood, IA — ZIP Code Boundary Map

Nearby ZIP Codes

Pacific Junction, IA

Mineola

Malvern, IA

Silver City, IA

Tabor, IA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$306,000
Median Household Income	$89,000

Glenwood, IA—51534

Key Metrics at a Glance

Home Price Trends — Glenwood, IA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Glenwood, IA

% of Rental Stock

Property Listings — Glenwood, IA

Demographics — Glenwood, IA

Race and Ethnicity

Mortgage and Risk — Glenwood, IA

Mortgages

Rentals and Section 8 — Glenwood, IA

Section 8 Market Size

Section 8 Opportunity

Affordability — Glenwood, IA

Home Price to Income Ratio

Glenwood, IA — ZIP Code Boundary Map

Nearby ZIP Codes

Pacific Junction, IA

Mineola

Malvern, IA

Silver City, IA

Tabor, IA

Frequently Asked Questions

What is the average home price in Glenwood, IA 51534?

How have home prices in Glenwood, IA 51534 changed over the past year?

What is the home price projection for Glenwood, IA 51534?

What are the demographics of Glenwood, IA 51534?

How long does it take homes to sell in Glenwood, IA 51534?

What is the average rent price in Glenwood, IA 51534?