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Buying a home in Glenolden, Pennsylvania

The typical owner-occupied home in Glenolden is worth about $215,000, 16% below the Pennsylvania median of $254,500 and 35% below the national median of $332,700. Owners pay a median $4,905 a year in property taxes, about 2.28% of their home's value, higher than the Pennsylvania rate of 1.30%. The median household earns $72,786 a year, so the median home costs 3.0 times the median income (3.3 times for Pennsylvania). 77% of occupied homes here are lived in by their owners, and 61% of those owners still have a mortgage.

Glenolden at a glance

Glenolden Pennsylvania U.S.
Median home value $215,000 $254,500 $332,700
Median property tax paid per year $4,905 $3,311 $3,119
Property tax as a share of value 2.28% 1.30% 0.94%
Median household income $72,786 $77,971 $80,734
Homes lived in by their owners 77% 69% 65%
Owner homes with a mortgage 61% 58% 61%
Median monthly costs, owners with a mortgage $1,990 $1,762 $1,963
Those costs as a share of the owners' income 25.9% 19.4% 21.0%
Median rent $1,209 $1,209 $1,413
Rent as a share of renters' income 33.2% 29.2% 30.6%
Median year homes were built 1954 1965 1980
Vacant homes 3.7% 9.2% 10.1%
Population 7,220 13,018,639 334,922,499

What a typical home costs per month in Glenolden

At this week's average 30-year rate of 7.11%, buying the median Glenolden home of $215,000 with 20% down costs about $1,655 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,013, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $70,934 for the 20%-down payment. That payment is 27% of the median Glenolden household income of $72,786; at that income and 20% down, the 28% guideline points to a home of about $221,000.

The median rent here is $1,209 a month, so owning the median home costs about $446 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$43,000
Loan amount$172,000
Principal and interest$1,157
Property taxes (2.28% a year)$408
Homeowners insurance (our estimate, 0.5% a year)$90
PMI$0
Total per month$1,655

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3.5% down, 30-year FHA loan
Down payment$7,525
Loan amount$211,106
Principal and interest$1,420
Property taxes (2.28% a year)$408
Homeowners insurance (our estimate, 0.5% a year)$90
FHA mortgage insurance$95
Total per month$2,013

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Questions about home buying in Glenolden

What is the median home value in Glenolden?

About $215,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Glenolden?

Homeowners pay a median $4,905 a year, which is about 2.28% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Glenolden?

For the median home with 20% down at 7.11%, the payment is about $1,655 a month. Keeping that under 28% of gross income takes about $70,934 a year.

More about Glenolden

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data