Is Glenwood, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Glenwood was a Seller's Market.
Housing Prices in Glenwood, PA
How much do homes in Glenwood, PA cost?
Median Sold Price
$79,000
$61/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Glenwood was $79,000 in May 2024, up 0.6% from last year, and the median price per square foot was $61.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $58.1K | $72.5K | +24.8% |
3 Bedrooms | $80K | $63.5K | -20.6% |
4 Bedrooms | $84.5K | $122.5K | +45.0% |
5+ Bedrooms | $147.5K | $102.6K | -30.4% |
Summary: Glenwood housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.8%, 3 bedroom homes decreased by 20.6%, 4 bedroom homes increased by 45%, and 5+ bedroom homes decreased by 30.4%.
Median Sold Price Compared To Nearby Neighborhoods
South Lehigh | $85K | $137K | +61.2% |
Tioga | $90K | $110K | +22.2% |
Glenwood | $78.5K | $79K | +0.6% |
Upper North Philadelphia | $89.4K | $82.5K | -7.7% |
Allegheny West | $89.4K | $80K | -10.5% |
Housing Supply in Glenwood, PA
How many homes are available in Glenwood, PA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
57 | 58 | +1.8% |
Summary: The Glenwood real estate market had 58 homes for sale in May 2024, a 1.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 34 | 31 | -8.8% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Glenwood housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Glenwood in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Glenwood, PA
How long does it take to sell a home in Glenwood, PA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 52 Days | +23.3% |
Summary: Homes in Glenwood had an average of 52 days on market in May 2024, up by 23.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Glenwood; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.