$45,000
0.02 Acres
Land
Kelly A Evanosich, Listing Office: Keller Williams Main Line
Is Glenwood, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Glenwood has remained a Buyer'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, PA
How much do homes in Glenwood, PA cost?
Median Sold Price
$80,000
$64/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+14.3%)
Key Takeaway
Homes in Glenwood have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in Glenwood was $80,000 in November 2024, up 14.3% from last year, and the median price per square foot was $64.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $61K | $75K | +23.0% |
| 3 Bedrooms | $66K | $75K | +13.6% |
| 4 Bedrooms | $75K | $171.9K | +129.3% |
| 5+ Bedrooms | $113K | $97K | -14.2% |
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 23%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 129.3%, and 5+ bedroom homes decreased by 14.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Tioga | $95K | $113K | +18.9% |
| Glenwood | $70K | $80K | +14.3% |
| Upper North Philadelphia | $82.5K | $90.6K | +9.8% |
| Allegheny West | $85K | $86.5K | +1.8% |
Housing Supply in Glenwood, PA
How many homes are available in Glenwood, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 65 | +10.2% |
Summary: The Glenwood real estate market had 65 homes for sale in November 2024, a 10.2% increase 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 44 | 48 | +9.1% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
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 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were 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. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Glenwood in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 86 Days | 48 Days | -44.0% |
Summary: Homes in Glenwood had an average of 48 days on market in Nov 2024, down by 44% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 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, 3 homes were sold in Glenwood; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
