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Glenwood

Learn about the people, housing, costs and businesses in Glenwood, North Carolina

Median Home$155,087
Median Rent$590/month
Population514
Leading IndustriesManufacturing · Retail · Finance & Insurance1% manufacturing
Home Value Growth⬆⬆⬆+24.9% over 2 years
Retirees25% of residentsabove average nationally
Homeowners83% of occupied units
NotableAffordable Market$155k median home · lower cost than 72% of the country
Glenwood
NC

Frequently Asked Questions

What are today's mortgage rates in Glenwood?

As of today, the 30-year fixed mortgage rate for Glenwood is approximately 6.995% (7.035% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Glenwood?

The median home value in Glenwood is $155k. The median monthly rent is $590. Annual property taxes average $860. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Glenwood?

Home values in Glenwood have increased 24.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Glenwood?

Based on a typical all-in ownership cost of $595/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Glenwood is $58k/year.

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What industries drive the economy in Glenwood?

The largest employment sectors in Glenwood are public administration (23%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.