Glenwood, IL, Real Estate

Glenwood, Illinois, is a charming village located in Cook County, just south of Chicago, offering a blend of suburban tranquility and easy access to urban amenities. With a population of around 8,600, it boasts a tight-knit community feel, characterized by tree-lined streets, local parks like Hickory Glen Park, and a commitment to family-friendly living. The village is served by the Homewood-Flossmoor High School District, known for its strong educational programs, and is conveniently located near major highways and public transit, making commuting to Chicago a breeze. Glenwood's rich history, diverse community, and annual events like the Glenwood Homecoming Festival create a welcoming environment for residents and visitors alike.

Glenwood currently has 46 single family homes for sale with an average list price of $251,071.74, 18 condos for sale with an average list price of $132,772.17, and 2 lots for sale with an average list price of $1,101,339. The average annual property tax for Glenwood is $4,587.47.

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Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Glenwood, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions

Subdivisions Median Price
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Brookwood Point

Brookwood Point is a single-family home community in Glenwood, Illinois, built between 1965 and 1985. It currently has 4 single family homes for sale with an average list price of $280,650 and 1 condo for sale with a list price of $120,000. The homes range in size from 700 ft2 to 3,022 ft2. The HOA fees range from $300 to $300 per month. The average annual property tax for Brookwood Point is $5,445.69. It is located in Cook County. Brookwood Point is a single family home subdivision built in the 1970s. Brookwood Point is located in Glenwood, Illinois west of the Bishop Ford Highway and north of Glenwood Dyer Road. ... Read more
Median Price: $261,500
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Glenwood Estates

Glenwood Estates is a single-family home community in Glenwood, Illinois, built between 1962 and 1973. It currently has no homes for sale. The homes range in size from 1,346 ft2 to 2,206 ft2. The average annual property tax for Glenwood Estates is $7,241.57. It is located in Cook County. Glenwood Estates is a single family home subdivision built in the mid 1960's to early 1970's. Glenwood Estates is located in Glenwood, Illinois between 183rd St. and 187th St. West of Rt. 1. ... Read more
Median Price: $289,000
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Glenwood Forest

Glenwood Forest is a single-family home community in Glenwood, Illinois, built between 1962 and 1983. It currently has 3 single family homes for sale with an average list price of $198,000. The homes range in size from 970 ft2 to 1,938 ft2. The average annual property tax for Glenwood Forest is $4,421.13. It is located in Cook County. Located in Glenwood, Glenwood Forest is West of Cottage Grove Ave. and North of Glenwood Lansing Rd. ... Read more
Median Price: $178,000
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Glenwood Gardens

Glenwood Gardens is a single-family home community in Glenwood, Illinois, built between 1965 and 1973. It currently has 1 single family home for sale with a list price of $228,000. The homes range in size from 775 ft2 to 2,000 ft2. The average annual property tax for Glenwood Gardens is $3,755.04. It is located in Cook County. ... Read more
Median Price: $200,000
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Glenwood Green

Glenwood Green is a subdivision in Glenwood, Illinois. It currently has no homes for sale. Located in Glenwood, Glenwood Green is on Glenwood Lansing Rd. North of Cottage Grove Rd. ... Read more
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Subdivisions

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Market Trends

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Nearby Parks

Callahan Strand Park

Rebecca Street and Rose Street
Parking Playgrounds

Estates Park

183rd and Illinois
Field Playground

George Arquilla Park

187th and Park Drive
Baseball Diamonds Basketball Courts Field Parking Tennis Courts

Hickory Glen Park

1016 E. 192nd
Baseball Diamonds Basketball Courts Field Parking Shelter Softball Fields

Veterans Park

37 N. Chestnut Lane
Field Playground
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Nearby Parks

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Real Estate News

Homes Just Sold in Glenwood: September 2nd to September 8th

Homes Just Sold in Glenwood: September 2nd to September 8th - September 9, 2025

Glenwood had 3 sales during the week of Tuesday, September 2 to Monday, September 8, including including 3 single family homes for sale with an average list price of $226,500. $189,500 41 ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Glenwood: August 30th to September 5th

New Homes with Master Bedrooms on the 1st Floor in Glenwood: August 30th to September 5th - September 6, 2025

Glenwood had 4 new homes for sale with a master bedroom on the first floor during the month of Saturday, August 30 to Friday, September 5, including 2 single ... continue reading
New Homes For Sale This Week in Glenwood: August 29th to September 4th

New Homes For Sale This Week in Glenwood: August 29th to September 4th - September 5, 2025

Glenwood had 4 new homes for sale during the week of Friday, August 29 to Thursday, September 4, including including 3 single family homes for sale with an average list ... continue reading
Homes Just Sold in Glenwood: August 26th to September 1st

Homes Just Sold in Glenwood: August 26th to September 1st - September 2, 2025

Glenwood had only 1 sale during the week of Tuesday, August 26 to Monday, September 1, including and it was a single family home for sale with a list price ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Glenwood: August 23rd to August 29th

New Homes with Master Bedrooms on the 1st Floor in Glenwood: August 23rd to August 29th - August 30, 2025

Glenwood had 2 new homes for sale with a master bedroom on the first floor during the month of Saturday, August 23 to Friday, August 29, including 2 single ... continue reading
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