Is Englewood, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Englewood is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Englewood has remained a Seller's Market.

Key Takeaway

Englewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Englewood, OH

How much do homes in Englewood, OH cost?

Median Sold Price

$221,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,215(+5.3%)

Key Takeaway

Homes in Englewood have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Englewood was $221,000 in November 2024, up 5.3% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $151.4K$170K
+12.3%
3 $195K$206.7K
+6.0%
4 $255.2K$270K
+5.8%
5+ $259.9K$295K
+13.5%

Summary: Englewood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 13.5%.

Median Sold Price Compared To Nearby Cities

Union City Township
+8.6%
Clayton
+7.5%
Englewood
+5.3%
Union
+4.9%
Butler Township
+3.7%

Housing Supply in Englewood, OH

How many homes are available in Englewood, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9289-3.3%

Summary: The Englewood real estate market had 89 homes for sale in November 2024, a 3.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 6059
-1.7%
4 2222
0.0%
5+ 44
0.0%

Summary: The Englewood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2428+16.7%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Englewood, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Englewood in November 2024, up by 16.7% month-over-month. Of the 28 sold homes, 54% were sold under asking, 21% were sold at asking, and 25% were sold over asking.

Days on Market for Englewood, OH

How long does it take to sell a home in Englewood, OH?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Englewood are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 28 homes were sold in Englewood; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Englewood, OH

Nearby Markets to Englewood, OH

What housing markets are near Englewood, OH?