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 39 single family homes for sale with an average list price of $230,049.23, 19 condos for sale with an average list price of $130,661.74, and 2 lots for sale with an average list price of $779,839. The average annual property tax for Glenwood is $4,729.28.

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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 1927 and 1978. It currently has 1 single family home for sale with a list price of $159,900. The homes range in size from 1,164 ft2 to 2,342 ft2. The average annual property tax for Brookwood Point is $5,814.46. 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: $271,000
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Glenwood Estates

Glenwood Estates 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 $242,500. The homes range in size from 1,309 ft2 to 2,206 ft2. The average annual property tax for Glenwood Estates is $7,587.74. 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: $261,000
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Glenwood Forest

Glenwood Forest is a single-family home community in Glenwood, Illinois, built between 1962 and 1976. It currently has 1 single family home for sale with a list price of $245,000. The homes range in size from 780 ft2 to 2,360 ft2. The average annual property tax for Glenwood Forest is $4,794.90. 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: $150,000
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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 no homes for sale. 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: $205,000
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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

New Homes with Master Bedrooms on the 1st Floor in Glenwood: April 11th to April 17th

New Homes with Master Bedrooms on the 1st Floor in Glenwood: April 11th to April 17th - April 18, 2026

Glenwood had 3 new homes for sale with a master bedroom on the first floor during the month of Saturday, April 11 to Friday, April 17, including 2 single ... continue reading
New Homes For Sale This Week in Glenwood: April 10th to April 16th

New Homes For Sale This Week in Glenwood: April 10th to April 16th - April 17, 2026

Glenwood had 3 new homes for sale during the week of Friday, April 10 to Thursday, April 16, including including 2 single family homes for sale with an average list ... continue reading
Homes Just Sold in Glenwood: April 7th to April 13th

Homes Just Sold in Glenwood: April 7th to April 13th - April 14, 2026

Glenwood had 2 sales during the week of Tuesday, April 7 to Monday, April 13, including including 2 single family homes for sale with an average list price of $244,750. $220,000 313 ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Glenwood: April 4th to April 10th

New Homes with Master Bedrooms on the 1st Floor in Glenwood: April 4th to April 10th - April 11, 2026

Glenwood had 2 new homes for sale with a master bedroom on the first floor during the month of Saturday, April 4 to Friday, April 10, including 2 condos ... continue reading
New Homes For Sale This Week in Glenwood: April 3rd to April 9th

New Homes For Sale This Week in Glenwood: April 3rd to April 9th - April 10, 2026

Glenwood had 3 new homes for sale during the week of Friday, April 3 to Thursday, April 9, including including 1 single family home for sale with a list price ... continue reading
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