$2,375 Closing Credit*
$200,000
1,012 SqFt
3 Beds
•1 Full Bath
Nathaniel Birdsong, Listing Office: Salem Realty
Is Glenwood, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 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, NC
How much do homes in Glenwood, NC cost?
Median Sold Price
$179,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$31,000(+20.9%)
Key Takeaway
Homes in Glenwood have sold for 20.9% more than they did a year ago.
Summary: The median home sold price in Glenwood was $179,000 in August 2024, up 20.9% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $90.1K | N/A |
| 2 Bedrooms | $135K | $159K | +17.8% |
| 3 Bedrooms | $163.5K | $206.2K | +26.1% |
| 4 Bedrooms | $302.2K | $110K | -63.6% |
| 5+ Bedrooms | $170K | $285K | +67.6% |
Summary: Glenwood housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.8%, 3 bedroom homes increased by 26.1%, 4 bedroom homes decreased by 63.6%, and 5+ bedroom homes increased by 67.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Southmont | $157K | $190K | +21.0% |
| Glenwood | $148K | $179K | +20.9% |
| Smith Homes | $162K | $155K | -4.3% |
Housing Supply in Glenwood, NC
How many homes are available in Glenwood, NC?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Summary: The Glenwood real estate market had 23 homes for sale in August 2024, a 15.0% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Glenwood housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
0 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, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Glenwood in August 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 10 Days | 1 Day | -90.3% |
Summary: Homes in Glenwood had an average of 1 days on market in Aug 2024, down by 90.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glenwood are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 1 homes were sold in Glenwood; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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