Is Englewood, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$213,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Englewood have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in Englewood was $213,000 in March 2024, up 12.1% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $148K | $153K | +3.4% |
| 3 Bedrooms | $189.5K | $200K | +5.5% |
| 4 Bedrooms | $235K | $255.2K | +8.6% |
| 5+ Bedrooms | $252.9K | $280K | +10.7% |
Summary: Englewood housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 10.7%.
Median Sold Price Compared To Nearby Cities
| Englewood | $190K | $213K | +12.1% |
| Clayton | $210K | $229K | +9.0% |
| Union | $179.5K | $190K | +5.8% |
| Union City Township | $178K | $179.4K | +0.8% |
| Butler Township | $265K | $265K | 0.0% |
Housing Supply in Englewood, OH
How many homes are available in Englewood, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 79 | 65 | -17.7% |
Summary: The Englewood real estate market had 65 homes for sale in March 2024, a 17.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 3 | -62.5% |
| 3 Bedrooms | 51 | 42 | -17.6% |
| 4 Bedrooms | 17 | 14 | -17.6% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Englewood housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 62.5%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 27 | -12.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Englewood, you could pay more than the asking price. 37% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in Englewood in March 2024, down by 12.9% month-over-month. Of the 27 sold homes, 30% were sold under asking, 33% were sold at asking, and 37% were sold over asking.
Days on Market for Englewood, OH
How long does it take to sell a home in Englewood, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 88 Days | 61 Days | -31.1% |
Summary: Homes in Englewood had an average of 61 days on market in Mar 2024, down by 31.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Englewood has remained consistent over time.
Summary: During March 2024, 27 homes were sold in Englewood; 0% of homes were sold within 30 days, 85% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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