Is Glenwood, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glenwood is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Glenwood was a Buyer's Market.

Key Takeaway

Glenwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Glenwood, NJ

How much do homes in Glenwood, NJ cost?

Median Sold Price

$330,000

-

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$57,450(-14.8%)

Key Takeaway

Homes in Glenwood have sold for 14.8% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $140K$285K
+103.6%
3 $365K$315K
-13.7%
4 $445K$547.5K
+23.0%
5+ --
N/A

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 103.6%, 3 bedroom homes decreased by 13.7%, 4 bedroom homes increased by 23%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Vernon
+14.1%
Vernon Township
+11.7%
Glenwood
-14.8%

Housing Supply in Glenwood, NJ

How many homes are available in Glenwood, NJ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1011+10.0%

Summary: The Glenwood real estate market had 11 homes for sale in April 2024, a 10.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 77
0.0%
4 13
+200.0%
5+ 00
0.0%

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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glenwood, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Glenwood in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Glenwood, NJ

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in Glenwood, NJ

Nearby Markets to Glenwood, NJ

What housing markets are near Glenwood, NJ?