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PENNINGTON, NJ 08534

Real Estate Market Report
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The PENNINGTON, NJ real estate market (08534) currently shows 104 active listings, with 58 pending sales. Homes are averaging 30 days on the market before going under contract.

Inventory has increased compared to last year, with 39 more homes available — giving buyers more choice.

Homes are selling faster, averaging 30 days on market compared to 55 days last year.

The median listing price has risen 4.2% year-over-year, from $699,000 to $728,500.

Whether you are buying or selling in PENNINGTON, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 12,990  ·  Density: 230.2/mi²  ·  Median household income: $179,516

Typical home value: $549,389  ·  Homeownership: 84.6%

Market Overview

Active Listings
104
⇧ 60% vs 65 last year
Pending
58
56% pending ratio
Median Price
$728,500
⇧ 4.2% vs $699,000 last year
Average Price
$939,066
⇩ 9.9% vs $1,042,184 last year
Days on Market
30
⇩ 45.5% vs 55 days last year

Price Per Square Foot

Median $/sqft
$313
⇩ 6% vs $333/sqft last year
Median Home Size
2,326 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 104 this year vs 65 last year
  • Days on market: 30 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $728,500 (+4.2% YoY)
  • Average: $939,066 (-9.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.5 miles — 525 listings ($381,422,459 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08534Pennington, NJ 085340.0 mi49$49,478,926$654,950$1,009,774
08628Trenton, NJ 086284.6 mi25$10,166,775$354,950$406,671
08648Lawrence Township, NJ 086484.9 mi58$35,299,670$452,450$608,615
08638Trenton, NJ 086385.4 mi62$22,075,410$357,500$356,055
08530Lambertville, NJ 085306.2 mi24$19,894,176$799,500$828,924
08558Skillman, NJ 085587.5 mi20$26,678,460$882,000$1,333,923
08609Trenton, NJ 086097.7 mi35$9,014,110$235,975$257,546
08619Trenton, NJ 086198.0 mi54$22,809,222$409,500$422,393
08629Trenton, NJ 086298.3 mi21$6,881,322$293,250$327,682
18940Newtown, PA 189409.3 mi62$109,104,500$1,511,250$1,759,750
08550Princeton Junction, NJ 085509.8 mi36$32,416,056$941,250$900,446
08690Trenton, NJ 0869010.1 mi65$31,033,730$468,375$477,442
19030Fairless Hills, PA 1903010.5 mi14$6,570,102$458,500$469,293

Frequently Asked Questions

How many homes are for sale in PENNINGTON, NJ 08534?

As of June 2026, there are 104 active listings in PENNINGTON, NJ (zip code 08534), compared to 65 the prior year.

What is the median home price in PENNINGTON, NJ 08534?

The median listing price in PENNINGTON, NJ 08534 is $728,500 as of June 2026, a 4.2% increase from $699,000 the prior year.

How long do homes stay on the market in PENNINGTON, NJ?

Homes in PENNINGTON, NJ 08534 spend an average of 30 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in PENNINGTON, NJ 08534?

Based on current inventory and days-on-market data as of June 2026, PENNINGTON, NJ 08534 is currently a Balanced Market. Inventory has increased compared to last year, with 39 more homes available — giving buyers more choice. Homes are selling faster, averaging 30 days on market compared to 55 days last year.

How much can I save on real estate commission in PENNINGTON, NJ?

With SELL123.com's maximum 3% commission, sellers in PENNINGTON, NJ 08534 save an estimated $14,570 compared to a typical 5% commission on the median listing price of $728,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.