Inventory is tight in Glenwood Park, with only 13 active listings in this rolling three-month view and just 1.2 months of supply, down nearly half from a year ago. New listings have fallen sharply, dropping more than 45% year over year, while homes sold are also down about a quarter. Even with fewer closings, contract activity is solid, with 10 pending sales and most homes spending only 9 days on the market.
Prices are responding to that limited supply. The typical home value over the past three months is up nearly 13% year over year, landing around the mid-$230,000s, while the median list price is roughly flat compared with last year. Sellers are often getting what they ask or a bit more, with the average sale-to-list ratio just above 100% and more than 62% of homes selling above list.
Compared with the wider Fort Wayne market, Glenwood Park shows stronger price growth and leaner supply, since Fort Wayne has about 1.6 months of inventory and a much smaller gain in median sale price. Homes here are also moving off the market quickly, with roughly seven in ten going under contract within two weeks over this rolling three-month period. With low inventory and many homes still commanding strong offers, both buyers and sellers can benefit from Agent Pronto’s help in finding an agent who understands Glenwood Park’s dynamics.
