Is Englewood, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$214,950
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Englewood have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Englewood was $214,950 in June 2024, up 11.7% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $148K | $159.9K | +8.1% |
| 3 Bedrooms | $189.9K | $199.5K | +5.0% |
| 4 Bedrooms | $250K | $262.5K | +5.0% |
| 5+ Bedrooms | $256.4K | $279.9K | +9.1% |
Summary: Englewood housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 9.1%.
Median Sold Price Compared To Nearby Cities
| Clayton | $209.8K | $240K | +14.4% |
| Englewood | $192.5K | $214.9K | +11.7% |
| Butler Township | $254.9K | $274K | +7.5% |
| Union City Township | $179K | $179K | 0.0% |
| Union | $191K | $186.5K | -2.4% |
Housing Supply in Englewood, OH
How many homes are available in Englewood, OH?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 83 | 85 | +2.4% |
Summary: The Englewood real estate market had 85 homes for sale in June 2024, a 2.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 49 | 48 | -2.0% |
| 4 Bedrooms | 23 | 24 | +4.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Englewood housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 26 | 30 | +15.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Englewood, expect to pay close to the asking price. 36.7% of homes here sold near the asking price last month.
Summary: A total of 30 homes were sold or pending in Englewood in June 2024, up by 15.4% month-over-month. Of the 30 sold homes, 27% were sold under asking, 37% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 65 Days | 43 Days | -32.5% |
Summary: Homes in Englewood had an average of 43 days on market in Jun 2024, down by 32.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Englewood has remained consistent over time.
Summary: During June 2024, 30 homes were sold in Englewood; 23% of homes were sold within 30 days, 73% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved