Trenton - NJ housing market
The Trenton metro has a typical home value of $439,977, up 0.2% from a year ago. Homes sell in 23 days on average, a balanced market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.
Trenton housing market, October 2026
The typical Trenton home is worth $439,977 as of September 2026, down 0.2% from the prior month, down 0.0% over three months, and up 0.2% from a year ago. Over the past two years values have ranged from $433,660 to $440,830.
Homes are going pending in about 23 days, slower than the 15 days seen three months earlier. There are roughly 1,068 homes for sale, 16% more than a year ago. 22.7% of listings have taken a price cut (up from 18.5% three months ago).
Typical rent is $2,524 a month, up 2.6% year over year, which puts the price-to-rent ratio at 14.5.
At this week's 7.40% mortgage rate with 20% down ($87,995), the typical Trenton home costs about $2,987 a month including tax and insurance, which needs a household income of roughly $128,000 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($439,977) is the Zillow Home Value Index for the Trenton - NJ metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 0.2% over the past year. In Trenton - NJ, that means a home worth $439,099 last year is now worth roughly $439,977.
The median sale price, what homes actually close for, is $420,385. Homes are selling at 101.3% of list price, meaning buyers are typically paying at or above asking.
Homes listed in Trenton - NJ sit on the market for roughly 23 days before going pending. Shorter = seller's market; longer = buyer's market.
About 22.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 338 new listings hit the market each month in Trenton - NJ. There are currently 1,068 homes for sale, up 16.5% from a year ago.
The typical monthly rent in Trenton - NJ is $2,523, up 2.6% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 14.5x, buying territory (#157 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $2,437 a month in principal and interest, $86 less than renting before taxes, insurance and upkeep. The two break even at a 7.76% rate.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →
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Other metros in NJ
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Atlantic City - NJ | $383,091 | +4.0% | 34.0d |