Is Glenwood, NJ 07418 a buyer’s or seller’s market?
Glenwood is a seller’s market. With about 1.2 months of supply and 64% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Not ranked this month. Fewer than 15 sales in the 3-month window, so the numbers can swing too much to compare fairly. How the heat score works
The Glenwood housing market right now
In the three months ending August 31, 2026, 64% of homes in Glenwood, NJ 07418 sold above their list price, the typical home went under contract in 28 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 46%, homes sold more slowly (26 days then) and the median sale price rose 9% to $464,799. Overall, Glenwood is more competitive than a year ago, so tougher for buyers.
Within Sussex County, homes here sell faster than in 56% of the county’s ZIP codes, and sell more often over asking than in 72%.
Nearby, buyers who want less competition could look at Augusta 07822 (0% sold over asking) or Vernon 07462 (30% sold over asking), while Andover 07821 (71% sold over asking) and Stanhope 07874 (69% sold over asking) are even more competitive.
Run the numbers for 07418
Nearby markets
Andover 07821Seller’s market $292 /sq ftAugusta 07822Seller’s market $357 /sq ftBranchville 07826Balanced $289 /sq ftFranklin 07416Seller’s market $234 /sq ft Browse all markets →Towns like Glenwood nearby
Find towns like Glenwood in other states →Where Glenwood is
Loading map…
Questions about Glenwood real estate
Is Glenwood a buyer’s or seller’s market?
A seller’s market: there were 1.2 months of supply in Glenwood, NJ 07418 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Glenwood?
The typical home went under contract in 28 days in the latest three months.
Do homes in Glenwood sell over asking?
64% of homes sold above their original list price, and the typical sale closed at 101.2% of the list price.
What are property taxes in Glenwood?
About 2.31% of a home’s value a year in Sussex County, where towns range from 0.43% to 2.94%, or roughly $9,240 on a $400,000 home.
What is the median home price in Glenwood?
The median sale price was $464,799 in the three months ending August 31, 2026, about $273 per square foot.
Local agents
See all agents in 07418 →No sponsored agents in 07418 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 07418
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology