$116,000 House For Sale
3 bed, 2.0 bath, -- sqft
The median home value in Gladwin is $121,400. Gladwin home values have gone up 50.2% over the past year. The median price of homes currently listed in Gladwin is $119,900 while the median price of homes that sold is $74,000. The median rent price in Gladwin is $600, which is higher than the Gladwin County median of $455.
Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Gladwin is 1.6%, which is lower than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Gladwin homeowners underwater on their mortgage is 17.2%, which is lower than Gladwin County at 17.7%.more