Englewood, NJ (07631) is an area with a high median value for housing at $484,400. This is significantly higher than the US median value of $338,100, and it has experienced an impressive 10.32% increase in housing appreciation over the past year. This is more than double the US national 1 year house appreciation rate of 8.27%, indicating that Englewood's housing market is particularly strong and prosperous.
The median home cost in Englewood (zip 07631) is $484,400. Home appreciation the last 10 years has been 52.1%. Home Appreciation in Englewood (zip 07631) is up 9.0%.
Average Age of Homes
- The median age of Englewood (zip 07631) real estate is 61 years old
The Rental Market in Englewood (zip 07631)
- Renters make up 44.8% of the Englewood (zip 07631) population
- 2.6% of houses and apartments in Englewood (zip 07631), 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.