Englewood, CO Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Englewood, CO Housing Market Trends

With 34,917 people, 15,529 houses or apartments, and a median cost of homes of $412,825, real estate costs in Englewood are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Colorado communities.

Single-family detached homes are the single most common housing type in Englewood, accounting for 53.12% of the city's housing units. Other types of housing that are prevalent in Englewood include large apartment complexes or high rise apartments ( 34.77%), row houses and other attached homes ( 5.62%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.32%).

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 45.92% of the city's housing hails from this era. Other housing ages represented in Englewood include homes built between 1970-1999 ( 29.48%) and housing constructed between 2000 and later ( 12.46%). There's also some housing in Englewood built before 1939 ( 12.14%).

Englewood Home Appreciation Rates

In the last 10 years, Englewood has experienced some of the highest home appreciation rates of any community in the nation. Englewood real estate appreciated 103.98% over the last ten years, which is an average annual home appreciation rate of 7.39%, putting Englewood in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Englewood definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Englewood's appreciation rate, at 5.29%, has been at or slightly above the national average. In the latest quarter, Englewood's appreciation rate has been 2.00%, which annualizes to a rate of 8.23%.

Relative to Colorado, our data show that Englewood's latest annual appreciation rate is lower than 70% 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 2000, to assist you in making the best Englewood real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$412,825

Englewood, CO HOME PRICES

> $1,237,000
2.0%
2.0%
$928,001 - $1,237,000
0.9%
0.9%
$619,001 - $928,000
11.0%
11.0%
$495,001 - $619,000
20.2%
20.2%
$371,001 - $495,000
29.1%
29.1%
$247,001 - $371,000
24.9%
24.9%
$124,001 - $247,000
9.0%
9.0%
$62,001 - $124,000
0.8%
0.8%
$0 - $62,000
2.1%
2.1%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for CO

Value Relative To Nation

Number Of Homes And Apartments:
15,529

Englewood Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CO*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
136.73% 4.19%
9
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,845 / per month

Homeownership Rate

Owners
47.7%
47.7%
Renters
52.3%
52.3%
Vacant
6.1%
6.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
12.5%
12.5%
1970 - 1999
29.5%
29.5%
1940 - 1969
45.9%
45.9%
1939 or Older
12.1%
12.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
53.1%
53.1%
Townhomes
5.6%
5.6%
Small Apt. Buildings
5.3%
5.3%
Apt. Complexes
34.8%
34.8%
Mobile Homes
1.2%
1.2%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
4.2%
4.2%
1 Bedroom
22.7%
22.7%
2 Bedrooms
32.7%
32.7%
3 Bedrooms
25.6%
25.6%
4 Bedrooms
11.4%
11.4%
5 or more bedrooms
3.3%
3.3%
0.0% 100.0%
% OF HOMES