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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 33,642 people, 15,686 houses or apartments, and a median cost of homes of $602,717, 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 50.74% of the city's housing units. Other types of housing that are prevalent in Englewood include large apartment complexes or high rise apartments ( 35.67%), duplexes, homes converted to apartments or other small apartment buildings ( 6.34%), and a few row houses and other attached homes ( 6.34%).
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 44.25% of the city's housing hails from this era. Other housing ages represented in Englewood include homes built between 1970-1999 ( 29.57%) and housing constructed between 2000 and later ( 15.34%). There's also some housing in Englewood built before 1939 ( 10.84%).
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 136.02% over the last ten years, which is an average annual home appreciation rate of 8.97%, putting Englewood in the top 20% 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.
Over the last year, Englewood appreciation rates have trailed the rest of the nation. In the last twelve months, Englewood's appreciation rate has been 2.51%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Englewood were at -0.50%, which equates to an annual appreciation rate of -2.00%.
Notably, Englewood's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Colorado, our data show that Englewood's latest annual appreciation rate is lower than 80% 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.
$602,717
for Colorado
for nation
15,686
$2,508 / per month