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Englewood real estate market overview
- Average Monthly Rent: $1,940
- Home Price/Value Percentage Change: -0.90%
- Median Home Value: $528,929
- Best Time To Sell a Home: August
- Affordability Index: Low
- Days To Sell a House: 40
- Job Market: Fair
- Public School Ranking: 24
Location and weather
Englewood is 6.6 miles directly south of Denver, and is a part of the Denver Metropolitan area. It is situated on the high plains on the eastern edge of the Rocky Mountains, in central Colorado. Minutes from the art and entertainment venues of Denver, Englewood has the third highest concentration of millennials in Colorado. With the nearby Rocky Mountains, Englewood has impressive options of outdoor recreation, full year-round of active residents.
Englewood summers are very warm, while the winters are cold, wet and dry. Summer temperatures are in the 80's, with lows in the 60's. Winter temperatures are in the 40's, with lows in the 20's.
Population, job market and cost of living
The Englewood population in 2023 is 34,679, with a growth rate of 0.99%.
The job growth has decreased by -4.88% over the last year and in ten years, is predicted to have increased by 47.81%. The major industries are in retail trade, health care, social assistance and construction. The largest companies to work for are TTEC, Qurate Retail, Ch2M Hill, Liberty Global and Liberty USA Holdings LLC.
The cost of living is high, due to the Englewood real estate market and cost of available housing. With a beautiful, historic downtown full of restaurants and boutiques, close proximity to Denver, and a growing job market within a variety of industries, Englewood will continue to attract millennials who want to live and work close to a big city.
Englewood real estate market details
- Maddox-Jason Park
- Cushing Park
- Inverness
- Bates-Logan Park
- Orchard Gate
The average monthly rent in Englewood is $1,904 for an average apartment size of 894 sq. feet.
There has been a -0.9% decrease in median home value over the last year. As of 2023, the median home value is $528,929.
On average, homes in Englewood sell after 14 days on the market.
The best time to sell a home for the highest valued sale is during August. For the quickest sale, homeowners should sellin May.
The affordability index in Englewood is 124. This number indicates low affordability in this city.
The top ranked public schools are Cherry Creek High School, Englewood Leadership Academy, Homestead Elementary School, Cotton Creek Elementary School and Cherry Hills Village Elementary School. This information is based on data measuring academic performance and equity.