View in Interactive Map

Glenwood, Raleigh, NC—27612

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$581,000
0.8% YoY Growth
Household Income
$95,600
24.5% YoY Growth
Days on Market
37
19.0% Longer YoY
Home Price Forecast
0.0%
Median Rent
$1,570
4.0% YoY Growth
1-Bed Rent
$1,380
4.1% YoY Growth
2-Bed Rent
$1,670
4.4% YoY Growth
3-Bed Rent
$2,300
3.2% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Glenwood, Raleigh, NC

As of May '26, the median home price in Glenwood, Raleigh, NC is $581,000, with a year-over-year change of 0.8%. This indicates that home prices in Glenwood, Raleigh, NC are flat. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$581,0000.8%
Single Family $601,0000.8%
Condos $258,000-10.1%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$304,000-4.7%
    3 Bed
    		$489,000-0.8%
    4 Bed
    		$759,000-0.1%
    5 Bed $1,102,6320.2%
    Loading chart...

    % of Housing Stock

    Studio
    3.9%
    1 Bedroom
    19.4%
    2 Bedrooms
    26.2%
    3 Bedrooms
    26.8%
    4 Bedrooms
    17.6%
    5+ Bedrooms
    6.1%

    Rental Trends — Glenwood, Raleigh, NC

    As of July '25, Rentcast reports the average rent in Glenwood, Raleigh, NC is $1,670, with a year-over-year rent change of -4.0%. Per bedroom, the median rent as of July '25 in Glenwood, Raleigh, NC is studios: $1,310, 1-bedrooms: $1,390, 2-bedrooms: $1,740, 3-bedrooms: $2,400, 4-bedrooms: $3,420. The most common rental property sizes in Glenwood, Raleigh, NC are 2-bedroom and 1-bedroom, accounting for 38.5% and 36.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,570$1,670
    Studio Rent $1,320$1,310
    1 Bed Rent $1,380$1,390
    2 Bed Rent $1,670$1,740
    3 Bed Rent $2,300$2,400
    4 Bed Rent $3,060$3,420
    Loading chart...

    % of Rental Stock

    Studio
    8.8%
    1 Bedroom
    36.6%
    2 Bedrooms
    38.5%
    3 Bedrooms
    14.5%
    4 Bedrooms
    1.6%

    Property Listings — Glenwood, Raleigh, NC

    As of May '26, Realtor.com reports that the median days on market for a home in Glenwood, Raleigh, NC is 37. This is a increase of 19.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$600,000-13.0%
    Listing Count
    		175-3.0%
    Listings as % of Homes0.4%-3.0%
    Days on Market
    		3719.0%
    Loading chart...

    Demographics — Glenwood, Raleigh, NC

    As of the latest ACS Survey released in 2023, Glenwood, Raleigh, NC has a population of 40,500, which has increased by 4.5% over the past 5 years. Glenwood, Raleigh, NC is a moderately popular place for families, as children make up 17.8% of the population. The area has a highly educated workforce, with 65.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		40,5004.5%
    % Under 18
    		17.8%-3.3%
    % Seniors
    		15.8%4.6%
    % WFH
    		23.6%174.4%
    % w/ College Degree
    		65.7%2.2%
    Loading chart...

    As of the latest ACS Survey released in 2023, Glenwood, Raleigh, NC is a predominantly white area, with 70.9% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Glenwood, Raleigh, NC is black, making up 13.1% of the population. Foreign-born residents account for 9.5% of the population in Glenwood, Raleigh, NC, and this percentage has decreased by 10.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		70.9%-5.8%
    % Black
    		13.1%13.9%
    % Hispanic
    		7.5%-6.2%
    % Asian
    		4.7%20.5%
    % Foreign Born
    		9.5%-10.4%
    Loading chart...

    Mortgage and Risk — Glenwood, Raleigh, NC

    According to HUD data as of 2023, there were 564 mortgage originations in Glenwood, Raleigh, NC, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Glenwood, Raleigh, NC. Investor activity is low, as 1.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		564
    % Conventional Loans
    		97.0%
    % Government Loans
    		3.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		4.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Glenwood, Raleigh, NC

    As of 2024, the percent of homes in Glenwood, Raleigh, NC under the Section 8 program is 2.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Glenwood, Raleigh, NC, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

    Section 8 Market Size

    Total Units under HUD
    		181
    Total Units Section 8
    		175
    % Rentals under Section 8
    		2.0%
    % Occupied Section 8
    		87.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$440$1,380$1,820
    2 Bedroom$340$1,670$2,010
    3 Bedroom$200$2,300$2,500
    4 Bedroom$320$3,060$3,380

    Affordability — Glenwood, Raleigh, NC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.6
    Median Home Price$581,000
    Median Household Income$95,600

    Glenwood, Raleigh, NC — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    West Raleigh, Raleigh, NC

    27607

    Five Points, Raleigh, NC

    27608

    Hinton

    27695

    North Hills, Raleigh, NC

    27609

    North Raleigh, Raleigh, NC

    27613

    Frequently Asked Questions