Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 13,282, 5,695 total housing units (homes and apartments), and a median house value of $247,804, house prices in Englewood are solidly below the national average.
Single-family detached homes are the single most common housing type in Englewood, accounting for 68.50% of the city's housing units. Other types of housing that are prevalent in Englewood include large apartment complexes or high rise apartments ( 12.92%), row houses and other attached homes ( 10.71%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.88%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Englewood. Owner-occupied housing accounts for 68.99% of Englewood's homes, and 67.80% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Englewood built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Englewood built between 1940-1969 ( 29.09%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.98%). There's also some housing in Englewood built before 1939 ( 3.72%).
In the last 10 years, Englewood has experienced some of the highest home appreciation rates of any community in the nation. Englewood real estate appreciated 114.38% over the last ten years, which is an average annual home appreciation rate of 7.92%, putting Englewood in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Englewood definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Englewood's appreciation rate, at 3.39%, has been at or slightly above the national average. In the latest quarter, Englewood's appreciation rate has been 1.76%, which annualizes to a rate of 7.23%.
Importantly, this makes Englewood one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Ohio, our data show that Englewood's latest annual appreciation rate is lower than 70% of the other cities and towns in Ohio.
$247,804
for Ohio
for nation
5,695
$1,497 / per month