Englewood appreciation rates and housing market information

Englewood housing market information

With 31,589 people, 14,879 houses or apartments, and a median cost of homes of $222,774, Englewood real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Englewood, accounting for 58.36% of the city's housing units. Other types of housing that are prevalent in Englewood include large apartment complexes or high rise apartments (30.18%), duplexes, homes converted to apartments, or other small apartment buildings (5.98%), row houses and other attached homes (4.04%), and a few mobile homes or trailers (1.44%).

People in Englewood primarily live in small (one, two, or no bedroom) single-family detached homes. Englewood has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Englewood's housing was primarily built during this period, from the '40s through the '60s. A full 56.23% of the city's housing hails from this era. Other housing ages represented in Englewood include homes built between 1970-1994 (26.40%), and housing constructed from 1939 and earlier (15.45%). There's also some housing in Englewood built between 1995 and later (1.92%).

Englewood home appreciation rates

Englewood's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Englewood during the period has been just 4.67%, which is lower than % of US communities.

NeighborhoodScout's data show that during the latest twelve months, Englewood home appreciation rates, at -0.19%, have been at or slightly above the national average. In the latest quarter, Englewood's appreciation rate has been 1.30%, which annualizes to a rate of 5.20%.

Relative to Colorado, our data show that Englewood's latest annual appreciation rate is higher than 24% of the other cities and towns in Colorado.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Englewood differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Englewood - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Englewood real estate investment or home purchase decisions.