From July to September, 35 homes sold in Glenwood for a median price of $116,000. That's 2.8 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, 12 homes in Glenwood were in foreclosure.
Median property tax for homeowners in Glenwood was $5,343.02 in 2017 according to tax data from that year. That means homeowners pay 4.5 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Glenwood real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
22
$118,170
-
2010
21
$114,000
-3.5%
2011
19
$63,845
-44%
2012
19
$43,600
-31.7%
2013
39
$57,240
31.3%
2014
44
$100,170
75%
2015
43
$100,170
0%
2016
34
$108,150
8%
2017
32
$119,340
10.3%
2018
35
$116,000
-2.8%
Median property tax
Median sale price
Effective property tax rate
2009
$4,854.34
$118,170
4.1%
2010
$5,318.59
$114,000
4.7%
2011
$2,755.76
$63,845
4.3%
2012
$4,015.51
$43,600
9.2%
2013
$4,160.33
$57,240
7.3%
2014
$4,176.98
$100,170
4.2%
2015
$5,001.48
$100,170
5%
2016
$5,482.35
$108,150
5.1%
2017
$5,343.02
$119,340
4.5%
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