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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glenwood is a buyer's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

Glenwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Glenwood, CO

How much do homes in Glenwood, CO cost?

Median Sold Price

$409,000

$440/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$14,000(+3.5%)

Key Takeaway

Homes in Glenwood have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in Glenwood was $409,000 in September 2024, up 3.5% from last year, and the median price per square foot was $440.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $300K$292.5K
-2.5%
2 $430K$409.5K
-4.8%
3 $493.7K$535K
+8.4%
4 $650K$699.9K
+7.7%
5+ $630K-
N/A

Summary: Glenwood housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.5%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes did not change.

Housing Supply in Glenwood, CO

How many homes are available in Glenwood, CO?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3440+17.6%

Summary: The Glenwood real estate market had 40 homes for sale in September 2024, a 17.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 56
+20.0%
2 2628
+7.7%
3 25
+150.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Glenwood housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 150%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glenwood, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Glenwood in September 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Glenwood, CO

How long does it take to sell a home in Glenwood, CO?

Average Sale Time

Sep 2023Sep 2024CHANGE
22 Days29 Days+32.6%

Summary: Homes in Glenwood had an average of 29 days on market in Sep 2024, up by 32.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Glenwood are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 2 homes were sold in Glenwood; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 17 Days Ago

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