Trenton - NJ housing market
The Trenton metro has a typical home value of $453,319, down 0.1% from a year ago. Homes are moving fast at 15 days on market, a strong seller's market. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($453,319) 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 down 0.1% over the past year. A home worth $453,773 last year is now worth roughly $453,319.
The median sale price , what homes actually close for , is $411,947. Homes are selling at 100.9% of list price, meaning buyers are typically paying at or above asking.
Homes listed in Trenton - NJ sit on the market for roughly 15 days before going pending. Shorter = seller's market; longer = buyer's market.
About 18.5% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 401 new listings hit the market each month in Trenton - NJ. There are currently 964 homes for sale, up 10.4% from a year ago.
The typical monthly rent in Trenton - NJ is $2,622, up 2.3% year over year. For investors, the price-to-rent ratio here is roughly 14x annual rent.
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.
Other metros in NJ
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Atlantic City - NJ | $387,888 | +3.7% | 26.0d |