NJ · Metro #142

Trenton - NJ housing market

The Trenton metro has a typical home value of $450,991, up 0.1% from a year ago. Homes are moving fast at 17 days on market, a strong seller's market. 20% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$450,991
+0.1% vs. year ago
Median sale price
$410,515
+2.1% YoY
Median list price
$459,690
Sale-to-list ratio
101.0%
Selling above ask
Days on market
17d
Listings w/ price cut
20.1%
New listings / mo
408
+10.0% YoY
Homes for sale
1,024
+12.8% YoY
Typical rent
$2,606/mo
+2.5% YoY
Income needed to buy
$124,000
September 2026 report · Zillow data through July 2026

Trenton housing market, September 2026

The typical Trenton home is worth $450,991 as of July 2026, up 0.1% from the prior month, up 0.0% over three months, and up 0.1% from a year ago. Over the past two years values have ranged from $439,033 to $451,151.

Homes are going pending in about 17 days, slower than the 16 days seen three months earlier. There are roughly 1,024 homes for sale, 13% more than a year ago. 20.1% of listings have taken a price cut (up from 16.2% three months ago).

Typical rent is $2,606 a month, up 2.5% year over year, which puts the price-to-rent ratio at 14.4.

At this week's 6.71% mortgage rate with 20% down ($90,198), the typical Trenton home costs about $2,894 a month including tax and insurance, which needs a household income of roughly $124,000 to stay under a 28% payment-to-income ratio.

Typical home value, 24 months
$451k$439kAug 24Aug 25Jul 26
Days to pending, 24 months
30d13dAug 24Aug 25Jul 26
Homes for sale, 24 months
1.0k581Aug 24Aug 25Jul 26

Income needed to buy assumes 20% down, a 30-year fixed mortgage at 6.71% (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 →

Context

How to read this data

The typical home value ($450,991) 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 0.1% over the past year. In Trenton - NJ, that means a home worth $450,540 last year is now worth roughly $450,991.

The median sale price, what homes actually close for, is $410,515. Homes are selling at 101.0% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Trenton - NJ sit on the market for roughly 17 days before going pending. Shorter = seller's market; longer = buyer's market.

About 20.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 408 new listings hit the market each month in Trenton - NJ. There are currently 1,024 homes for sale, up 12.8% from a year ago.

The typical monthly rent in Trenton - NJ is $2,606, up 2.5% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 14.4x, buying territory (#158 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.71% 30-year rate, runs about $2,331 a month in principal and interest, $275 less than renting before taxes, insurance and upkeep. The two break even at a 7.84% 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 September 2026. Methodology →

Related

Other metros in NJ

MetroHome value1-yr changeDays on market
Atlantic City - NJ$387,264 +3.7% 29.0d
Get new posts in your inbox. No spam, unsubscribe anytime.