Glenwood Add: Entry-Level Affordability Check

What does it cost to buy a home in Glenwood Add today? The median closing price for single-family homes is $663,750 across 26 sales in the rolling 12 months ending October 31, 2026. This figure represents the midpoint of all transactions and serves as the baseline for understanding entry-level affordability in this specific Austin neighborhood. ALEX Intelligence analyzed the pricing data to determine how current mortgage rates impact buying power. With a median sale price of $663,750 and a prevailing 30-year fixed rate of 7.11% (sourced from Freddie Mac for the week of November 12, 2026), the principal and interest payment on a loan amount of $531,000 is approximately $3,572 per month. This calculation uses the median price and the specific rate provided in the data. Buyers considering this market should note that the median home size in Glenwood Add has shifted recently. The median living area for these 26 sales is 1,561 square feet, which is 25% smaller than the prior period's median of 2,080 square feet. This suggests that the current entry-level inventory may consist of smaller properties or that larger homes are selling at different price points. The market has shown resilience in price per square foot, rising 9.3% compared to the same period last year to $454.29. However, sellers are accepting offers slightly closer to their original list prices, with the median close-to-original list ratio improving to 96.3%, up from 93.4% in the prior period. While specific entry-level quartile data is not available for this small sample size, the overall median price and current financing costs provide a clear picture of the affordability landscape for buyers in Glenwood Add. Want first look at Glenwood Add, Austin homes? Get new listings sent to you the day they appear. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog