Is Glenwood, AR 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 Last Month

Since last month, Glenwood has remained a Seller'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, AR

How much do homes in Glenwood, AR cost?

Median Sold Price

$215,000

$97/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$85,000(+65.4%)

Key Takeaway

Homes in Glenwood have sold for 65.4% more than they did a month ago.

Summary: The median home sold price in Glenwood was $215,000 in November 2024, up 65.4% from last month, and the median price per square foot was $97.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $57.5K$31K
-46.1%
3 $164.9K$215K
+30.3%
4 $335K$264K
-21.2%
5+ --
N/A

Summary: Glenwood housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 46.1%, 3 bedroom homes increased by 30.3%, 4 bedroom homes decreased by 21.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Glenwood
+65.4%
Caddo Township
+12.0%
Clark Township
-5.4%

Housing Supply in Glenwood, AR

How many homes are available in Glenwood, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2017-15.0%

Summary: The Glenwood real estate market had 17 homes for sale in November 2024, a 15.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 87
-12.5%
4 55
0.0%
5+ 22
0.0%

Summary: The Glenwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was 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. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Glenwood in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Glenwood, AR

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 17 Days Ago

Newest Listings in Glenwood, AR

Nearby Markets to Glenwood, AR

What housing markets are near Glenwood, AR?