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Glenwood, IL
Full City Profile · Illinois · Lake County County
3.3
/5.0
B
Good
8,620
Population
2,628/sq mi density
$71,376
Median Income
$33,180 per capita
$182,900
Home Value
$204,479 Zillow
$1,639
Median Rent
40.0% income on rent
53°F
Avg Temperature
275 sunny days/yr
171
Violent Crime/100K
1,118 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$71,376 median income, 10.5% unemployment
A+
Affordability
5.0 / 5.0
$182,900 home value, $1,639/mo rent
F
Safety
1.0 / 5.0
171 violent crimes/100K
B+
Education
4.0 / 5.0
36.9% bachelor's degree or higher
Housing Overview
Median Home Value
$182,900
35% below
US avg: $281,900
Median Rent
$1,639/mo
41% above
US avg: $1,163/mo
Homeownership Rate
77.9%
19% above US avg (65.4%)
Total Housing Units
3,323
Median year built: 1968
Home Value by Source
Census Median
$182,900
Zillow (ZHVI)
$204,479
Median Sale Price
$183,500
Median List Price
$165,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.9%
Owner-Occupied
22.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,639/mo
Market Indicators (Redfin)
Median Days on Market
53 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
11
Price Drops
26.8%
of listings with price reduction
Price Per Sq Ft
$130
Active Inventory
41
homes for sale
Affordability & Housing Stock
Rent Burden
40.0%
of renters spending 30%+ of income on housing
29% above US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
77.9%
Complete Housing Data
Home Values
| Census Median Value | $182,900 |
| Zillow Home Value (ZHVI) | $204,479 |
| Median Sale Price | $183,500 |
| Median List Price | $165,000 |
| Price Per Sq Ft | $130 |
Rent
| Census Median Rent | $1,639 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 53 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 26.8% |
| Homes Sold | 11 |
| Active Inventory | 41 |
| Price Per Sq Ft | $130 |
Ownership & Stock
| Owner-Occupied | 77.9% |
| Renter-Occupied | 22.1% |
| Homeownership Rate | 77.9% |
| Total Housing Units | 3,323 |
| Median Year Built | 1968 |
| Rent Burden | 40.0% |