Is Trenton, NJ 08610 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Trenton is a seller’s market. With about 2.6 months of supply and 51% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score81/ 100

More competitive than 86% of U.S. ZIP codes, and #182 of 444 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.6Under 4 months = seller’s market
Sold above original list50.6%Share of sales, last 3 months
Median sale-to-list101.7%Sold price ÷ list price
Median days on market27Listing to accepted offer
Median price per sq ft$282▼ −1.0% vs. last year

The Trenton housing market right now

In the three months ending August 31, 2026, 51% of homes in Trenton, NJ 08610 sold above their list price, the typical home went under contract in 27 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 85 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 58%, homes sold faster (36 days then) and the median sale price held steady to $374,838. Overall, Trenton is less competitive than a year ago, which gives buyers more room.

Within Mercer County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 74%. On our competition score, Trenton ranks #182 of 444 NJ ZIP codes with enough sales (score 81 out of 100).

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.

Nearby markets

Hightstown 08520Balanced $292 /sq ftHopewell 08525Seller’s market $325 /sq ftLawrence Township 08648Seller’s market $294 /sq ftPennington 08534Seller’s market $324 /sq ft Browse all markets →

Where Trenton is

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Questions about Trenton real estate

Is Trenton a buyer’s or seller’s market?

A seller’s market: there were 2.6 months of supply in Trenton, NJ 08610 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Trenton?

The typical home went under contract in 27 days in the latest three months.

Do homes in Trenton sell over asking?

51% of homes sold above their original list price, and the typical sale closed at 101.7% of the list price.

What are property taxes in Trenton?

About 3.47% of a home’s value a year in Trenton City, Mercer County, or roughly $13,872 on a $400,000 home.

What is the median home price in Trenton?

The median sale price was $374,838 in the three months ending August 31, 2026, about $282 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology