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Market Intelligence · NJ / Mercer County

Trenton, NJ home prices and housing market

10 ZIP markets liveData updated September 2026Typical value$328K1-yr changeDown2.9%

The typical home value in Trenton, NJ is $328K as of September 2026, down 2.9% from a year ago, based on the Zillow Home Value Index. In the typical Trenton ZIP code, the median list price is $366K and homes spend a median of 60 days on market as of September 2026 (Realtor.com).

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The coverage

Trenton, by the numbers.

Typical home valueZillow ZHVI, September 2026
$328K
1-yr changeMedian across Trenton ZIPs
-2.9%
ZIP markets live19 tracked in Trenton
10
County
Mercer County

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12-month value trend

-2.9% over 12 months

Typical home value in Trenton over the last 12 months: $337K in Sep 2025 to $328K in Sep 2026 (-2.9%).

Sep 2025$337K

Sep 2026$328K

Median Zillow home value index across Trenton's ZIP codes.

Context

The Trenton housing market has cooled over the past year. Typical home values have fallen 2.9% as of September 2026, settling around $327,624. The median list price sits at $365,500, with 418 homes currently for sale and 184 new listings added recently. Homes are taking a median of 60 days to sell, and about 11.7% of listings have seen price cuts. If you're thinking about selling, the slower pace and downward pressure on values suggest waiting to list may be worth considering.

The numbers

What is the housing market like in Trenton, NJ?

Typical home value

$328K

Down2.9%YoY

Median list price

$366K

Days on market

60

Homes for sale

418

Price cuts

11.7%

New listings

184

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Trenton's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Trenton, NJ home prices over time

Typical home values in Trenton, NJ are down 2.9% over the past year, from $337K in September 2025 to $328K in September 2026.

Typical home value in Trenton, NJ, September of each year
MonthTypical value1-yr change
September 2026$327,624-2.9%
September 2025$337,315No prior year

Typical value is the median Zillow Home Value Index across Trenton ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Trenton, NJ a buyer's or seller's market?

Trenton, NJ is roughly balanced between buyers and sellers.

The signals are mixed: relatively few listings have cut their asking price, but homes are taking longer to sell, so pricing and condition matter more than market direction.

Based on a median of 60 days on market and 12% of listings with a price cut in the typical Trenton ZIP code, and 184 new listings against 418 active listings across Trenton, as of September 2026 (Realtor.com).

The outlook

Trenton housing market forecast 2027

+0.1%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 10 Trenton ZIP codes, points to typical home values holding roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in Trenton fell 2.9%, per the Zillow Home Value Index.

Will home prices drop in Trenton?

Not by much, on the forecasts: a weighted average of Zillow's ZIP forecasts for Trenton shows typical home values holding roughly flat by September 2027 (up 0.1%), after a 2.9% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 10 Trenton ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Trenton ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 19 Trenton ZIP codes in total; the remaining 9 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Trenton, NJ home prices.

What is a typical home value in Trenton?

The typical home value in Trenton is $327,624 as of September 2026, down 2.9% over the past year.

How long do homes typically stay on the market in Trenton?

Homes in Trenton have a median time on market of 60 days as of September 2026.

How many homes are currently for sale in Trenton?

There are 418 homes for sale in Trenton as of September 2026, with 184 new listings added recently and 11.7% of listings showing price reductions.

Are home prices going up or down in Trenton, NJ?

Typical home values in Trenton, NJ are down 2.9% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Trenton, NJ a buyer's or seller's market?

Trenton, NJ is roughly balanced between buyers and sellers. The signals are mixed: relatively few listings have cut their asking price, but homes are taking longer to sell, so pricing and condition matter more than market direction. Based on a median of 60 days on market and 12% of listings with a price cut in the typical Trenton ZIP code, and 184 new listings against 418 active listings across Trenton, as of September 2026 (Realtor.com).

Nearby markets

More New Jersey housing markets.

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