Is Trenton, NJ 08609 a buyer’s or seller’s market?

The Trenton housing market right now

In the three months ending August 31, 2026, 33% of homes in Trenton, NJ 08609 sold above their list price, the typical home went under contract in 74 days and there were 6.9 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 12 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 42%, homes sold more slowly (70 days then) and the median sale price held steady to $282,378. Overall, Trenton is less competitive than a year ago, which gives buyers more room.

Within Mercer County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 84%.

Nearby, buyers who want less competition could look at Trenton 08608 (0% sold over asking) or Titusville 08560 (18% sold over asking), while Princeton 08542 (64% sold over asking) and Trenton 08620 (59% sold over asking) are even more competitive.