Englewood, NJ is a vibrant and desirable area with an impressive median housing value of $506,600. This is significantly higher than the US house median value of $338,100, demonstrating the desirability of this area. The appreciation rate of houses in Englewood was observed as 10.32%, which is 1.05% higher than the US one year house appreciation rate of 8.27%. This highlights Englewood's growing housing demand and increasing popularity among potential buyers.
The median home cost in Englewood is $506,600. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Englewood is up 9.0%.
Average Age of Homes
- The median age of Englewood real estate is 61 years old
The Rental Market in Englewood
- Renters make up 44.6% of the Englewood population
- 2.6% of houses and apartments in Englewood, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.