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Englewood Housing Information

IndexEnglewoodNew JerseyNational
Median home price$379,900$316,400$184,700
Median rent asked$1,444$1,213$949
Avg. people per household2.62.72.6
Owner occupied households51.4%64.1%63.6%
Renter occupied households48.6%35.9%36.4%
The above shows an overview of the real estate market in Englewood, NJ. Note how the median home price for Englewood, NJ runs $379,900, which is 20% higher than the average property price for New Jersey. So you’re going to get real estate in Englewood, NJ that is on-average less affordable than what you’ll find in the rest of New Jersey. As for rent, the median for Englewood, NJ runs $1,444, which is comparatively 19% higher than the average rent for New Jersey. For Englewood, NJ, about 51.4% of the population consist of home owners with about 2.6 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Englewood, NJ offers a wide variety of real estate. To find your perfect home in Englewood, NJ, filter your choice by price, location, and number of beds and baths using the search area above.

Englewood Home Affordability

When deciding where to purchase Englewood, NJ real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Englewood, NJ the median home price is $379,900 and $77,272 is the median household income. As a result, the home price to income ratio in Englewood, NJ is 4.9x, which is 15% higher than the New Jersey average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Englewood, NJ the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Englewood, NJ.

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Teterboro, NJ86$0100%
Greenville CDP (Greene County), NY604$164,60011%
East Orange, NJ64,621$209,50013%
Newark, NJ280,139$222,10020%
Silver Lake, NJ4,007$224,20021%
Englewood, NJ28,184$379,900106%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Garfield Heights, OH28,207$73,60060%
Eagle Pass, TX28,209$118,70036%
Maryville, TN28,151$190,0003%
Drexel Hill, PA28,224$183,5001%
American Fork, UT28,127$230,40025%
Englewood, NJ28,184$379,900106%

Source: The Englewood, NJ housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
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