Is Glenwood, MN 56334 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Glenwood is a seller’s market. With about 3.1 months of supply and 11% 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.

Competition score33/ 100

More competitive than 30% of U.S. ZIP codes, and #272 of 296 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.1Under 4 months = seller’s market
Sold above original list10.7%Share of sales, last 3 months
Median sale-to-list96%Sold price ÷ list price
Median days on market37Listing to accepted offer
Median price per sq ft$191▼ −13.5% vs. last year

The Glenwood housing market right now

In the three months ending August 31, 2026, 11% of homes in Glenwood, MN 56334 sold above their list price, the typical home went under contract in 37 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 29 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold more slowly (25 days then) and the median sale price fell 7% to $314,864. Overall, Glenwood is less competitive than a year ago, which gives buyers more room.

Within Pope County, homes here sell faster than in 57% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Glenwood ranks #272 of 296 MN ZIP codes with enough sales (score 33 out of 100).

Nearby, buyers who want less competition could look at Villard 56385 (0% sold over asking) or Lowry 56349 (0% sold over asking), while Brooten 56316 (33% sold over asking) and Starbuck 56381 (20% sold over asking) are even more competitive.

Nearby markets

Brooten 56316Balanced $107 /sq ftClontarf 56226 $100 /sq ftCyrus 56323Buyer’s market $106 /sq ftFarwell 56327Seller’s market $195 /sq ft Browse all markets →

Where Glenwood is

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Questions about Glenwood real estate

Is Glenwood a buyer’s or seller’s market?

A seller’s market: there were 3.1 months of supply in Glenwood, MN 56334 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 37 days in the latest three months.

Do homes in Glenwood sell over asking?

11% of homes sold above their original list price, and the typical sale closed at 96.0% of the list price.

What are property taxes in Glenwood?

About 0.77% of a home’s value a year in Pope County, or roughly $3,080 on a $400,000 home.

What is the median home price in Glenwood?

The median sale price was $314,864 in the three months ending August 31, 2026, about $191 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology