Englewood, NJ 07631 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Englewood, NJ—07631

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$595,000

1.7% YoY Growth

Household Income

$101,000

20.6% YoY Growth

Days on Market

12.0% Shorter YoY

Home Price Forecast

1.2%

Median Rent

$2,700

4.4% YoY Growth

1-Bed Rent

$2,100

8.4% YoY Growth

2-Bed Rent

$2,700

8.4% YoY Growth

3-Bed Rent

$3,500

7.4% YoY Growth

Home Price Trends — Englewood, NJ

As of Dec '25, the median home price in Englewood, NJ is $595,000, with a year-over-year change of 1.7%. This indicates that home prices in Englewood, NJ are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$595,000	1.7%
Single Family	$653,000	2.0%
Condos	$426,000	0.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Englewood, NJ

As of July '25, Rentcast reports the average rent in Englewood, NJ is $3,050, with a year-over-year rent change of -4.4%. Per bedroom, the median rent as of July '25 in Englewood, NJ is studios: $2,170, 1-bedrooms: $2,280, 2-bedrooms: $2,950, 3-bedrooms: $3,620, 4-bedrooms: $5,610. The most common rental property sizes in Englewood, NJ are 2-bedroom and 1-bedroom, accounting for 47.6% and 27.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,700	$3,050
Studio Rent	$2,100	$2,170
1 Bed Rent	$2,100	$2,280
2 Bed Rent	$2,700	$2,950
3 Bed Rent	$3,500	$3,620
4 Bed Rent	$5,800	$5,610

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% of Rental Stock

Studio

3.2%

1 Bedroom

27.0%

2 Bedrooms

47.6%

3 Bedrooms

13.6%

4 Bedrooms

6.0%

5+ Bedrooms

2.6%

Property Listings — Englewood, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Englewood, NJ is 47. This is a decrease of -19.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$649,000	-35.0%
Listing Count	54	3.0%
Listings as % of Homes	0.3%	3.0%
Days on Market	55	-12.0%

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Demographics — Englewood, NJ

As of the latest ACS Survey released in 2023, Englewood, NJ has a population of 29,300, which has increased by 3.9% over the past 5 years. Englewood, NJ is a moderately popular place for families, as children make up 22.3% of the population. The area has a highly educated workforce, with 45.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	29,300	3.9%
% Under 18	22.3%	4.7%
% Seniors	18.7%	19.1%
% WFH	12.8%	161.2%
% w/ College Degree	45.6%	3.9%

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As of the latest ACS Survey released in 2023, Englewood, NJ is a predominantly hispanic area, with 32.0% of the population identifying as hispanic. The hispanic population has grown by 16.4% in the last 5 years. The second most common race or ethnicity in Englewood, NJ is white, making up 30.4% of the population. Foreign-born residents account for 35.0% of the population in Englewood, NJ, and this percentage has increased by 0.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	30.4%	-9.0%
% Black	19.8%	-32.9%
% Hispanic	32.0%	16.4%
% Asian	13.0%	54.8%
% Foreign Born	35.0%	0.3%

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Mortgage and Risk — Englewood, NJ

According to HUD data as of 2023, there were 267 mortgage originations in Englewood, NJ, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Englewood, NJ. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	267
% Conventional Loans	92.0%
% Government Loans	8.0%
% Investor Loans	4.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Englewood, NJ

As of 2024, the percent of homes in Englewood, NJ under the Section 8 program is 18.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Englewood, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	969
Total Units Section 8	969
% Rentals under Section 8	18.6%
% Occupied Section 8	80.2%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$90	$2,100	$2,010
2 Bedroom	-$390	$2,700	$2,310
3 Bedroom	-$660	$3,500	$2,840
4 Bedroom	-$2,200	$5,800	$3,600

Englewood, NJ—07631

Key Metrics at a Glance

Home Price Trends — Englewood, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Englewood, NJ

% of Rental Stock

Property Listings — Englewood, NJ

Demographics — Englewood, NJ

Race and Ethnicity

Mortgage and Risk — Englewood, NJ

Mortgages

Rentals and Section 8 — Englewood, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Englewood, NJ

Home Price to Income Ratio

Englewood, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Englewood Cliffs, NJ

Leonia, NJ

Tenafly, NJ

Teaneck, NJ

Bergenfield, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.1
Median Home Price	$595,000
Median Household Income	$101,000

Englewood, NJ—07631

Key Metrics at a Glance

Home Price Trends — Englewood, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Englewood, NJ

% of Rental Stock

Property Listings — Englewood, NJ

Demographics — Englewood, NJ

Race and Ethnicity

Mortgage and Risk — Englewood, NJ

Mortgages

Rentals and Section 8 — Englewood, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Englewood, NJ

Home Price to Income Ratio

Englewood, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Englewood Cliffs, NJ

Leonia, NJ

Tenafly, NJ

Teaneck, NJ

Bergenfield, NJ

Frequently Asked Questions

What is the average home price in Englewood, NJ 07631?

How have home prices in Englewood, NJ 07631 changed over the past year?

What is the home price projection for Englewood, NJ 07631?

What are the demographics of Englewood, NJ 07631?

How long does it take homes to sell in Englewood, NJ 07631?

What is the average rent price in Englewood, NJ 07631?