$3,250,000
5,342 SqFt
5 Beds
•6 Full Baths, 2 Partial
Jim Allen, Listing Office: Coldwell Banker HPW
Is Glenwood, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Glenwood was a Seller's Market.
Key Takeaway
Glenwood is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Glenwood, NC
How much do homes in Glenwood, NC cost?
Median Sold Price
$1,271,839
$423/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$33,161(-2.5%)
Key Takeaway
Homes in Glenwood have sold for 2.5% less than they did a year ago.
Summary: The median home sold price in Glenwood was $1,271,839 in November 2024, down 2.5% from last year, and the median price per square foot was $423.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $625K | $699K | +11.8% |
| 3 Bedrooms | $819.5K | $1.1M | +40.3% |
| 4 Bedrooms | $1.0M | $1.2M | +22.9% |
| 5+ Bedrooms | $2.3M | $2.1M | -8.7% |
Summary: Glenwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 40.3%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes decreased by 8.7%.
Housing Supply in Glenwood, NC
How many homes are available in Glenwood, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 44 | -2.2% |
Summary: The Glenwood real estate market had 44 homes for sale in November 2024, a 2.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 13 | 10 | -23.1% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 15 | 15 | 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 increased by 100%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glenwood, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Glenwood in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 69 Days | 44 Days | -35.8% |
Summary: Homes in Glenwood had an average of 44 days on market in Nov 2024, down by 35.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Glenwood are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Glenwood; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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