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206 S Locust St, Glenwood, IA, 51534

2beds
1baths
814sqft
$100,000
$123price/sqft
$820/moest. monthly cost
$32,800/yrincome needed

About This Home

Affordable 2-bedroom home in the heart of Glenwood! This charming property offers tall ceilings, spacious living and dining rooms, arched openings, updated flooring, and abundant natural light throughout. The functional layout includes two bedrooms, a full bath, main floor laundry, and a spacious kitchen with plenty of cabinet storage. Outside you'll find a unique terraced backyard, brick patio area, mature trees, and off-street parking. Partial basement for storage. Conveniently located near downtown amenities, schools, and shopping. Great opportunity for a first-time buyer, investor, or anyone looking to add their own personal touches.

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

7/10
West Elementary SchoolGrades 3-50.2 mi
8/10
Glenwood Middle SchoolGrades 6-80.8 mi
6/10

Construction

Condition

  • Year built: 1926

Materials

  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1

Features

  • Ceiling Fan(s)
  • Finished area below ground: 0
  • Finished area above ground: 814

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 814
  • Total interior livable area: 814 sqft

Property

Details

  • Parcel number: 055520000000000

Features

  • Patio & porch: Patio

Lot

  • Lot size: 7,405 sqft
  • Lot size dimensions: .17 acres

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Strong Wind
Tornado
Cold Wave
Heat Wave
Inland Flooding
Ice Storm
Lightning
Winter Weather

FEMA Declared Disasters Across Iowa Counties

Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $505$6,060
Home Insurance *$65$780
Property Taxes $129$1,548
Electricity $121$1,452
Total$820$9,840
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$28,114/yr
40% on housing$24,600/yr
45% on housing$21,866/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$123This listing

vs Other Active Listings

Avg $/sqft

ZIP 51534$164
Mills County$227

vs Homes Sold Last Month

Median $/sqft

ZIP 51534$181
Mills County$175

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Price change$100,000
2026-07-14Price change$110,000
2026-06-24Price change$115,000
2026-06-16Price change$120,000
2026-04-11Price change$127,500
2026-04-07Listed for sale$132,500
2026-03-27Sold$123,500
2026-03-03Pending sale$128,500
2026-02-27Price change$128,500
2026-02-18Price change$129,000
2026-01-05Listed for sale$132,500

For Sale by Agent

AgentLynn Leaders
BrokerageHeartland Properties

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