Glenwood, Minnesota is a small town with a population of around 2,500. The pros and cons of homeownership in Glenwood can depend on individual preferences and circumstances. Here are some general factors to consider:

Pros:
- Affordability: Home prices in Glenwood tend to be lower than in larger cities, making homeownership more affordable.
- Peaceful living: Many people enjoy living in small towns for their quieter and slower-paced lifestyles, and the same applies to Glenwood.
- Community: Small towns often have close-knit communities, where people know each other and look out for each other.

Cons:
- Fewer amenities: Because Glenwood is a small town, there may be fewer stores, restaurants, and other amenities compared to larger cities. This may require more travel for shopping, dining and entertainment.
- Job opportunities: Unless you work remotely or are retired, jobs can be hard to come by in small towns, which may require a longer commute for work or limit job opportunities altogether.
- Limited diversity: Small towns tend to have a homogenous community, which may not appeal to people who value diversity.

Overall, it's important to weigh the pros and cons of homeownership in Glenwood, MN to determine whether it's the right choice for you.