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What income do you need to buy in Glenwood?
About $23,000 a year to buy the typical Glenwood home, which sells for about $60,000.
- Typical sale price
- $60,000Median of 23 sales in the past 12 months
- Income needed
- $23,000A year, before taxes
- Cash needed up front
- $9,00010% down, transfer tax and closing costs
Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit). These are estimates, not a loan offer.
What it costs each month
| Principal and interest | $377 |
|---|---|
| Property tax | $91 |
| Insurance | $25 |
| Mortgage insurance | $23 |
| Total a month | $516 |
Claiming the Homestead Exemption could lower the property tax by about $91 a month. The total above does not include that saving.
How prices have moved
Down 4% from the year before, comparing the median sale price of the last 12 months with the 12 months before.
| Quarter | Median sale price | Sales |
|---|---|---|
| Q1 2025 | $75,000 | 12 |
| Q2 2025 | $55,000 | 7 |
| Q3 2025 | $57,500 | 8 |
| Q4 2025 | $45,000 | 9 |
| Q1 2026 | $65,000 | 6 |
| Q2 2026 | $60,000 | 5 |
| Q3 2026 | Few sales | 4 |
Quarters with fewer than 5 sales are left out, because a median of so few sales is unreliable.
Quarters with no recorded sales are left blank.
Tell us four things
Nearby neighborhoods
Pricier nearby
- Stanton $73,000
- Tioga $100,000
- Franklinville $90,000
Questions about buying in Glenwood
What income do you need to buy a home in Glenwood?
About $23,000 a year for the typical Glenwood price of $60,000, keeping the housing payment to 28% of gross income. Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit).
How much cash do you need to buy in Glenwood?
About $9,000 up front at the typical price: 10% down ($6,000), your share of the transfer tax ($1,373) and closing costs ($1,200).
What does a typical home in Glenwood cost per month?
A typical Glenwood home costs about $516 a month all in: principal and interest $377, property tax $91, insurance $25, mortgage insurance $23. Claiming the Homestead Exemption could lower the tax by about $91 a month.
Based on 23 sales, as of 2026-10-29. Mortgage rate 7.24% (Freddie Mac, week of 2026-10-29). Estimates only, not financial advice. Talk to a lender.