Is Glenwood, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Glenwood has remained a Buyer's Market.
Housing Prices in Glenwood, MN
How much do homes in Glenwood, MN cost?
Median Sold Price
$320,000
$189/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Glenwood was $320,000 in March 2024, up 85.5% from last month, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $245K | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $320K | N/A |
4 Bedrooms | $172.5K | - | N/A |
5+ Bedrooms | - | $914.9K | N/A |
Summary: Glenwood housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Glenwood | $172.5K | $320K | +85.5% |
Glenwood Township | $172.5K | $320K | +85.5% |
Housing Supply in Glenwood, MN
How many homes are available in Glenwood, MN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 32 | +52.4% |
Summary: The Glenwood real estate market had 32 homes for sale in March 2024, a 52.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 3 | 6 | +100.0% |
3 Bedrooms | 5 | 12 | +140.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Glenwood housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 140%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Glenwood in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Glenwood, MN
How long does it take to sell a home in Glenwood, MN?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 145 Days | +246.8% |
Summary: Homes in Glenwood had an average of 145 days on market in Mar 2024, up by 246.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Glenwood; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.