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 45 single family homes for sale with an average list price of $237,355.56, 14 condos for sale with an average list price of $134,607.07, and 2 lots for sale with an average list price of $1,101,339. The average annual property tax for Glenwood is $4,511.34.

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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 3 single family homes for sale with an average list price of $301,566.67 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 average annual property tax for Brookwood Point is $5,322.99. 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: $280,000
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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 2 single family homes for sale with an average list price of $284,500. 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: $278,000
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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 2 single family homes for sale with an average list price of $193,500. The homes range in size from 970 ft2 to 1,850 ft2. The average annual property tax for Glenwood Forest is $4,425.02. 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 1964 and 1973. It currently has 2 single family homes for sale with an average list price of $225,950. The homes range in size from 775 ft2 to 2,000 ft2. The average annual property tax for Glenwood Gardens is $3,530.40. It is located in Cook County. ... Read more
Median Price: $239,138.50
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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

New Homes with Master Bedrooms on the 1st Floor in Glenwood: July 19th to July 25th

New Homes with Master Bedrooms on the 1st Floor in Glenwood: July 19th to July 25th - July 26, 2025

Glenwood had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, July 19 to Friday, July 25, and it ... continue reading
New Homes For Sale This Week in Glenwood: July 18th to July 24th

New Homes For Sale This Week in Glenwood: July 18th to July 24th - July 25, 2025

Glenwood had 2 new homes for sale during the week of Friday, July 18 to Thursday, July 24, including including 2 single family homes for sale with an average list ... continue reading
Homes Just Sold in Glenwood: July 15th to July 21st

Homes Just Sold in Glenwood: July 15th to July 21st - July 22, 2025

Glenwood had only 1 sale during the week of Tuesday, July 15 to Monday, July 21, including and it was a single family home for sale with a list price ... continue reading
New Homes For Sale This Week in Glenwood: July 11th to July 17th

New Homes For Sale This Week in Glenwood: July 11th to July 17th - July 18, 2025

Glenwood had 2 new homes for sale during the week of Friday, July 11 to Thursday, July 17, including including 1 single family home for sale with a list price ... continue reading
Homes Just Sold in Glenwood: July 8th to July 14th

Homes Just Sold in Glenwood: July 8th to July 14th - July 15, 2025

Glenwood had 2 sales during the week of Tuesday, July 8 to Monday, July 14, including including 2 single family homes for sale with an average list price of $227,000. $169,000 208 ... continue reading
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Real Estate News

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