Is Englewood, NJ 07631 a buyer’s or seller’s market?
Englewood is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
#75 of 92 ZIP codes in Bergen, Hudson & Passaic, NJ, and #481 of 531 across all the markets we track.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. How the heat score works
The Englewood housing market right now
In the three months ending August 31, 2026, 42% of homes in Englewood, NJ 07631 sold above their list price, the typical home went under contract in 80 days and there were 4.7 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 68 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 36%, homes sold about as fast and the median sale price rose 13% to $652,218. Overall, Englewood is more competitive than a year ago, so tougher for buyers.
Within Bergen County, homes here sell more slowly than in 81% of the county’s ZIP codes, and sell less often over asking than in 81%. On our competition score, Englewood ranks #381 of 444 NJ ZIP codes with enough sales (score 56 out of 100).
Nearby, buyers who want less competition could look at Alpine 07620 (0% sold over asking) or Moonachie 07074 (0% sold over asking), while South Hackensack 07606 (100% sold over asking) and Waldwick 07463 (86% sold over asking) are even more competitive.
Run the numbers for 07631
Nearby markets
Allendale 07401Seller’s market $485 /sq ftAlpine 07620Buyer’s market $792 /sq ftBergenfield 07621Seller’s market $484 /sq ftBogota 07603Buyer’s market $391 /sq ft Browse all markets →Towns like Englewood nearby
Find towns like Englewood in other states →Where Englewood is
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Questions about Englewood real estate
Is Englewood a buyer’s or seller’s market?
A balanced market: there were 4.7 months of supply in Englewood, NJ 07631 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Englewood?
The typical home went under contract in 80 days in the latest three months.
Do homes in Englewood sell over asking?
42% of homes sold above their original list price, and the typical sale closed at 101.0% of the list price.
What are property taxes in Englewood?
About 2.09% of a home’s value a year in Englewood City, Bergen County, or roughly $8,352 on a $400,000 home.
What is the median home price in Englewood?
The median sale price was $652,218 in the three months ending August 31, 2026, about $428 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology