Is Glenwood, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Glenwood has remained a Neutral Market.
Housing Prices in Glenwood, NC
How much do homes in Glenwood, NC cost?
Median Sold Price
$1,333,750
$395/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Glenwood was $1,333,750 in April 2024, up 18% from last year, and the median price per square foot was $395.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $625K | $661.5K | +5.8% |
3 Bedrooms | $749K | $920K | +22.8% |
4 Bedrooms | $1.1M | $1.1M | -2.2% |
5+ Bedrooms | $1.8M | $2.2M | +23.6% |
Summary: Glenwood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 22.8%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 23.6%.
Housing Supply in Glenwood, NC
How many homes are available in Glenwood, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 43 | +19.4% |
Summary: The Glenwood real estate market had 43 homes for sale in April 2024, a 19.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 9 | 14 | +55.6% |
5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The Glenwood housing inventory by bedroom type for April 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 14.3%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Glenwood in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Glenwood, NC
How long does it take to sell a home in Glenwood, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
136 Days | 98 Days | -27.9% |
Summary: Homes in Glenwood had an average of 98 days on market in Apr 2024, down by 27.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Glenwood; 14% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.