Glenwood, Arkansas Real Estate & Housing Market

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Glenwood Housing Information

Index	Glenwood	Arkansas	National
Median home price	$77,200	$114,700	$184,700
Median rent asked	$446	$689	$949
Avg. people per household	2.4	2.5	2.6
Owner occupied households	60.7%	65.7%	63.6%
Renter occupied households	39.3%	34.3%	36.4%

A general overview of the Glenwood, AR real estate market is displayed above. The median home price for homes in Glenwood, AR is $77,200, which is 33% lower than the Arkansas average. This means that real estate in the Glenwood, AR area is generally more affordable than the rest of Arkansas. The median rent price in Glenwood, AR is $446 which is 35% lower than the Arkansas average. In Glenwood, AR, 60.7% of people are home owners and an average of 2.4 people occupy each home. From luxury houses to affordable condos to urban townhomes, there are many different types of real estate in Glenwood, AR. We make it easy to find Glenwood, AR real estate listings and homes for sale by filtering location, price, bedrooms and bathrooms in the search area above.

Glenwood Home Affordability

Home affordability can be a very important factor when determining where to purchase real estate in Glenwood, AR. One method that can be used to calculate home affordability is the home price to median household income ratio. The median home price in Glenwood, AR is $77,200 and the median household income is $31,505. This results in a home price to income ratio of 2.5x, which is 10% lower than the Arkansas average. The home affordability ratio is calculated by dividing the median home price by the median home income. A lower than average home price to income ratio means that homes in Glenwood, AR are more affordable based on the median price of homes compared to home income. Of course, there are many other factors to consider when focusing on home affordability. Use the home affordability calculator below to see exactly how much you can afford to pay for real estate in Glenwood, AR.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Black Springs, AR	43	$37,500	80%
Amity, AR	633	$49,400	73%
Norman, AR	352	$53,800	71%
Daisy, AR	120	$65,000	65%
Kirby, AR	904	$83,100	55%
Glenwood, AR	2,215	$77,200	58%

Cities with similar population

City, State	Population	Home Price	National Avg.
Kerhonkson, NY	2,215	$154,300	16%
White Pine, TN	2,215	$111,700	40%
Columbus Junction, IA	2,214	$93,100	50%
Slippery Rock University, PA	2,214	$0	100%
Grandview Plaza, KS	2,214	$56,300	70%
Glenwood, AR	2,215	$77,200	58%

Source: The Glenwood, AR housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).