Is Englewood, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$215,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Englewood have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Englewood was $215,000 in April 2024, up 10.5% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $149K | $152K | +2.0% |
| 3 Bedrooms | $191.2K | $199K | +4.1% |
| 4 Bedrooms | $235K | $255.7K | +8.8% |
| 5+ Bedrooms | $252.9K | $280K | +10.7% |
Summary: Englewood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 10.7%.
Median Sold Price Compared To Nearby Cities
| Englewood | $194.5K | $215K | +10.5% |
| Clayton | $210K | $231K | +10.0% |
| Butler Township | $259.9K | $265.2K | +2.0% |
| Union | $185.4K | $185K | -0.3% |
| Union City Township | $185K | $175K | -5.4% |
Housing Supply in Englewood, OH
How many homes are available in Englewood, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 72 | 82 | +13.9% |
Summary: The Englewood real estate market had 82 homes for sale in April 2024, a 13.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 45 | 49 | +8.9% |
| 4 Bedrooms | 18 | 24 | +33.3% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Englewood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 29 | +3.6% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Englewood, you could pay more than the asking price. 44.8% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in Englewood in April 2024, up by 3.6% month-over-month. Of the 29 sold homes, 41% were sold under asking, 14% were sold at asking, and 45% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 106 Days | 67 Days | -36.6% |
Summary: Homes in Englewood had an average of 67 days on market in Apr 2024, down by 36.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Englewood has remained consistent over time.
Summary: During April 2024, 29 homes were sold in Englewood; 14% of homes were sold within 30 days, 66% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.