NJ · Metro #142

Trenton - NJ housing market

The Trenton metro has a typical home value of $445,082, up 0.2% from a year ago. Homes sell in 20 days on average, a balanced market. 21% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$445,082
+0.2% vs. year ago
Median sale price
$418,872
+1.6% YoY
Median list price
$449,057
Sale-to-list ratio
101.4%
Selling above ask
Days on market
20d
Listings w/ price cut
21.3%
New listings / mo
358
+4.7% YoY
Homes for sale
1,047
+14.6% YoY
Typical rent
$2,513/mo
+3.1% YoY
Income needed to buy
$129,500
October 2026 report · Zillow data through August 2026

Trenton housing market, October 2026

The typical Trenton home is worth $445,082 as of August 2026, up 0.1% from the prior month, up 0.2% over three months, and up 0.2% from a year ago. Over the past two years values have ranged from $435,697 to $445,082.

Homes are going pending in about 20 days, slower than the 13 days seen three months earlier. There are roughly 1,047 homes for sale, 15% more than a year ago. 21.3% of listings have taken a price cut (up from 17.6% three months ago).

Typical rent is $2,513 a month, up 3.1% year over year, which puts the price-to-rent ratio at 14.8.

At this week's 7.40% mortgage rate with 20% down ($89,016), the typical Trenton home costs about $3,022 a month including tax and insurance, which needs a household income of roughly $129,500 to stay under a 28% payment-to-income ratio.

Typical home value, 24 months
$445k$436kSep 24Sep 25Aug 26
Days to pending, 24 months
30d13dSep 24Sep 25Aug 26
Homes for sale, 24 months
1.0k581Sep 24Sep 25Aug 26

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 →

Context

How to read this data

The typical home value ($445,082) 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 $444,194 last year is now worth roughly $445,082.

The median sale price, what homes actually close for, is $418,872. Homes are selling at 101.4% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Trenton - NJ sit on the market for roughly 20 days before going pending. Shorter = seller's market; longer = buyer's market.

About 21.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 358 new listings hit the market each month in Trenton - NJ. There are currently 1,047 homes for sale, up 14.6% from a year ago.

The typical monthly rent in Trenton - NJ is $2,513, up 3.1% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 14.8x, buying territory (#155 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $2,465 a month in principal and interest, $48 less than renting before taxes, insurance and upkeep. The two break even at a 7.60% 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 →

Related

Other metros in NJ

MetroHome value1-yr changeDays on market
Atlantic City - NJ$385,565 +3.9% 31.0d
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