Aug 2026
$1.5M
+5.2% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Markets › NJ › Trenton / Princeton
Trenton / Princeton, NJ
Daily-refreshed real estate signals + Three-Opinion home-price methodology for Trenton / Princeton, NJ. Built for agents; free to read.
Trenton / Princeton, NJ’s median sale price is $1.5M as of Aug 2026 — +5.2% year over year. Pecan Street tracks Trenton / Princeton with its Three-Opinion home-price methodology (Redfin, FHFA HPI, and Zillow ZHVI), with no market signals flagged right now.
Headline
Sep 18, 2026
7.04%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$7,962/mo
$341K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Trenton / Princeton compares to other U.S. metros
| Price-to-rent | ↑1st of 195 (top 1%) |
|---|---|
| Days on market | ↓163rd of 194 |
| Home-price growth | ↑45th of 195 (top 24%) |
| Price cuts | ↓141st of 194 |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 53 +9.9% YoY ↑1st of 195 (top 1%) |
|---|---|
| Asking price / sq ft | $281 +1.7% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 32% +4.6 pts YoY ↓141st of 194 |
|---|---|
| New housing units permitted | 24 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Aug 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Jul 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 22 |
|---|---|
| MLS board of record | Bright MLS |
| Price methodology | Three-Opinion · Redfin · FHFA HPI · Zillow ZHVI |
| Data as of | Aug 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
normal · 0.0ppRedfin (city) +5.2% | FHFA HPI · Q2 2026 +5.2% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 08520 | $497K↑ | 72↑ | 32↓ | 24↑ | 53↑ | $469K↑ |
| 08534 | $699K↑ | 45↑ | 16↑ | 12↑ | 40↓ | $685K↑ |
| 08540 | $845K↓ | 153↑ | 48↑ | 40↑ | 59↑ | $984K↑ |
| 08550 | $789K↓ | 30↓ | 12↓ | 8↓ | 33↓ | $1.0M↑ |
| 08610 | $378K↑ | 57↑ | 28↑ | 12 | 38↓ | $355K↓ |
| 08611 | $235K↑ | 44↑ | 12↑ | 8↑ | 69↑ | $205K↓ |
| 08618 | $300K↑ | 96↑ | 44↑ | 36↑ | 42↓ | $270K↓ |
| 08619 | $425K↑ | 49↑ | 28↑ | 12↑ | 29↓ | $433K↑ |
| 08638 | $317K↑ | 48↑ | 20↓ | 12↑ | 46↑ | $318K↓ |
| 08648 | $510K↑ | 71↑ | 20↓ | 28↑ | 45↑ | $471K↑ |
| 08690 | $470K↓ | 42↑ | 24↑ | 16↑ | 28↑ | $489K↑ |
| 08691 | $690K↓ | 49↑ | 16↑ | 20↑ | 50↑ | $646K↓ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.