Glenwood, MD—21738
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Glenwood, MD
Home Price Trends — Glenwood, MD
As of Oct '25, the median home price in Glenwood, MD is $971,000, with a year-over-year change of 0.8%. This indicates that home prices in Glenwood, MD are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $971,000 | 0.8% |
| Single Family | $982,000 | 0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | $955,000 | 0.1% |
| 5 Bed | $1,276,000 | 0.9% |
% of Housing Stock
Rental Trends — Glenwood, MD
As of July '25, Rentcast reports the average rent in Glenwood, MD is $3,620, with a year-over-year rent change of -19.6%. Per bedroom, the median rent as of July '25 in Glenwood, MD is 3-bedrooms: $2,750. The most common rental property sizes in Glenwood, MD are 3-bedroom and studio, accounting for 100.0% and 0.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,750 | $3,620 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,750 | $2,750 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Glenwood, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Glenwood, MD is 66. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,240,000 | 3.0% |
Listing Count | 21 | 137.0% |
| Listings as % of Homes | 0.4% | 137.0% |
Days on Market | 66 | -1.0% |
Demographics — Glenwood, MD
As of the latest ACS Survey released in 2023, Glenwood, MD has a population of 3,670, which has increased by 7.4% over the past 5 years. Glenwood, MD is a popular place for families, as children make up 25.2% of the population. The area has a highly educated workforce, with 75.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,670 | 7.4% |
% Under 18 | 25.2% | -3.4% |
% Seniors | 22.1% | 33.1% |
% WFH | 23.9% | 99.2% |
% w/ College Degree | 75.9% | 0.8% |
As of the latest ACS Survey released in 2023, Glenwood, MD is a predominantly white area, with 87.3% of the population identifying as white. The white population has grown by 1.6% in the last 5 years. The second most common race or ethnicity in Glenwood, MD is asian, making up 5.9% of the population. Foreign-born residents account for 8.6% of the population in Glenwood, MD, and this percentage has decreased by 5.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.3% | 1.6% |
% Black | 2.2% | 37.5% |
% Hispanic | 0.5% | -61.5% |
% Asian | 5.9% | -7.8% |
% Foreign Born | 8.6% | -5.5% |
Mortgage and Risk — Glenwood, MD
According to HUD data as of 2023, there were 73 mortgage originations in Glenwood, MD, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Glenwood, MD. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 73 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Glenwood, MD
Glenwood, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,030 |
| 2 Bedroom | N/A | N/A | $2,490 |
| 3 Bedroom | $450 | $2,750 | $3,200 |
| 4 Bedroom | N/A | N/A | $3,580 |
Affordability — Glenwood, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $971,000 |
| Median Household Income | $230,000 |