Englewood, NJ Market Spotlight: November 2026
Data as of Wednesday, November 4, 2026 | Elevate Realty NJ — Bergen County Market Intelligence
The Headline: Englewood's Market Has Hit the Brakes
Englewood is sending a clear signal this November: the market has stalled. With 66 active listings, a median list price of $632,440, 102 average days on market, and — most strikingly — zero closed sales in the last 30 days, this Bergen County city is not behaving like the competitive commuter market it has historically been. This isn't a blip. It's a data-driven story about a disconnect between seller expectations and buyer conviction, playing out in real time.
Englewood Active Inventory Trend
Source: NJMLS via Elevate Realty NJ
Breaking Down the Numbers
Inventory: Plenty of Choices, No Takers
Sixty-six active listings is a meaningful pool of inventory for a city of Englewood's size. Twenty-two new listings came to market in just the last 30 days — roughly one new listing every day and a half — which tells us that sellers are still motivated to list. But with zero closed sales over the same period, every one of those 22 new listings simply added to an already-growing pile of unsold homes.
This divergence between new supply entering the market and zero transactions completing is the core tension defining Englewood right now. Sellers are showing up. Buyers are not pulling the trigger.
Pricing: $632,440 Median List Price Finds No Takers
A median list price of $632,440 places Englewood in a mid-to-upper tier for Bergen County — competitive with towns like Teaneck and Hackensack on the higher end, yet considerably more accessible than neighboring Englewood Cliffs or Tenafly. The price point itself isn't unreasonable for what Englewood offers. However, with no closed sales data available for the last 30 days, we have no sold-price evidence to confirm whether that $632,440 median reflects what buyers are actually willing to pay. That silence is telling.
Without a sold-price anchor, there is no compression data, no list-to-sale ratio, and no price-per-square-foot reference point. The market is essentially operating on asking prices alone — a seller's wishful framework in what has become a buyer's atmosphere.
Bergen County Median List Price Comparison
Source: NJMLS via Elevate Realty NJ
Days on Market: 102 Days Is a Loud Number
An average of 102 days on market is not a soft market — it is a slow market. For context, a balanced market in Northern New Jersey typically sees homes moving in 30 to 60 days. Anything north of 90 days signals that homes are either overpriced relative to buyer demand, need condition updates that buyers aren't willing to absorb at current prices, or are simply sitting in a moment where broader economic headwinds — interest rates, affordability concerns, seasonal softness — are suppressing urgency.
In Englewood's case, it may be all three converging at once.
Why Englewood? The Local Context
Englewood has long attracted buyers for a specific set of reasons that remain structurally intact. Its direct NYC commute options — including NJ Transit bus service along major corridors and proximity to the George Washington Bridge — make it one of the more commuter-accessible cities in Bergen County for Manhattan-based professionals. The city's downtown Fourth Street corridor offers genuine walkability with a diverse restaurant scene, boutique retail, and a cultural energy that more suburban Bergen County towns lack.
Englewood's housing stock is notably varied: you'll find grand Tudor and Colonial-style homes on tree-lined streets in its northern residential sections, mid-century ranches and splits in more affordable pockets, and a growing number of condominium and townhome developments that have added density near the downtown core. This variety is a strength — but it also means pricing is uneven, and buyers evaluating Englewood against a 102-day average DOM may be applying that number broadly across product types that perform very differently.
The city's public schools, anchored by Dwight Morrow High School, have seen ongoing investment and improvement — a factor that matters enormously to family buyers in this price range.
Englewood Days On Market Trend
Source: NJMLS via Elevate Realty NJ
What This Means for Buyers
1. You have real leverage — use it. Zero closed sales in 30 days and 102 average days on market mean sellers are not fielding competing offers. With 66 active listings to choose from, buyers can negotiate deliberately on price, contingencies, and closing timelines without the pressure of a competing bid.
2. The absence of recent sold data works in your favor for price negotiations. Because there is no sold-price data from the last 30 days, sellers cannot point to recent comparable sales to defend their list price. A well-researched offer anchored in slightly older comps — adjusted for current market conditions — has a strong justification basis.
3. Don't mistake "stalled" for "broken." Englewood's fundamentals — commute access, downtown character, housing variety — haven't changed. This is a market timing opportunity, not a red flag about the city itself. Buyers who act now, before any market reactivation, position themselves at the front of the value window.
What This Means for Sellers
1. Your competition isn't going away — it's growing. With 22 new listings hitting the market in just the last 30 days and zero closings to absorb them, every new listing you're competing against has been added to a pile that buyers are already overwhelmed by. Standing out on price and condition is not optional.
2. At 102 days on market, the data is delivering a verdict on your pricing strategy. If your home has been sitting for anywhere near the market average, the number itself has become a liability. Price reductions in a zero-transaction market aren't a concession — they're the activation mechanism that converts a listing into a closed sale.
3. The $632,440 median means nothing without sold-price validation. You may be priced at or below median and still not closing, because there is currently no market-clearing mechanism at work. Consider working with your agent to review the most recent comparable sales from prior months and stress-test your list price against where the market was actually transacting — not just where other sellers hope to land.
Ready to navigate Englewood's market with data on your side? Whether you're buying into this standstill or need a fresh strategy to get your listing sold, Elevate Realty NJ brings hyper-local Bergen County expertise to every transaction. Contact us today for a private consultation.
