Englewood Cliffs, NJ is an affluent area with a median housing value of $1,318,500. This is almost four times the US House Median Value and it is significantly higher than the US 1 year House Appreciation rate of 8.27%. The median housing value in Englewood Cliffs increased by 10.32%, showing that demand for property in this area remains high. As a result, many people are looking to purchase homes in Englewood Cliffs as they offer a great opportunity for investments and long-term wealth growth.
The median home cost in Englewood Cliffs is $1,318,500. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Englewood Cliffs is up 9.0%.
Average Age of Homes
- The median age of Englewood Cliffs real estate is 50 years old
The Rental Market in Englewood Cliffs
- Renters make up 10.7% of the Englewood Cliffs population
- 0.0% of houses and apartments in Englewood Cliffs, 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.