Similar to other places in this area, it is a little less expensive compared to the country as a whole. Compared to the city of Richfield, it's close to average.
Home prices
The value of the median home in Glenwood is $184,700. Compared to its surrounding areas it is is very similar.It is roughly $32,800 (15%) lower compared to the entire nation, and it is about $3,800 (2%) higher in comparison to the city of Richfield.
Rents
Glenwood's median monthly rent is $900. It is roughly $48 (5%) higher in comparison to the surrounding areas.It is about $162 (15%) lower compared to the United States as a whole, and it is roughly $213 (31%) higher in comparison to the city of Richfield.
Nearby places
Annabella
Annabella is roughly 5 miles southwest of Glenwood. Housing prices there are a little more expensive. The median home price in Annabella is $223,400, which works out to $38,700 (17%) higher than Glenwood. Rents there are pretty similar. In Annabella the median monthly rent is $863, which works out to $37 (4%) lower than Glenwood.
Sigurd
Sigurd is roughly 6 miles north from Glenwood. Real estate prices there are significantly less expensive. Sigurd's median home value is $138,900, which works out to $45,800 (32%) lower than Glenwood. Its rents are somewhat less expensive. Sigurd's median rent is $828 a month, which comes out to $72 (8%) lower than Glenwood.
Central Valley
Central Valley is roughly 6 miles southwest from Glenwood. The housing prices there are a bit more expensive. The price of the median home in Central Valley is $249,000, which is $64,300 (25%) higher than Glenwood. Rent there is somewhat less expensive. In Central Valley the median rent is $850 a month, which comes out to $50 (5%) lower than Glenwood.
Elsinore
Elsinore is approximately 9 miles southwest of Glenwood. The real estate prices there are somewhat less expensive. Elsinore's median home price is $144,900, which is $39,800 (27%) lower than Glenwood. Its rents are somewhat less expensive. The median rent in Elsinore is $769 per month, which works out to $131 (17%) lower than Glenwood.
Aurora
Aurora is about 11 miles north from Glenwood. Real estate prices there are a little less expensive. The median home value in Aurora is $171,900, which comes out to $12,800 (7%) lower than Glenwood. Its rents are a little more expensive. The median monthly rent in Aurora is $950, which works out to $50 (5%) higher than Glenwood.
