Is Trenton, NJ 08611 a buyer’s or seller’s market?

The Trenton housing market right now

In the three months ending August 31, 2026, 27% of homes in Trenton, NJ 08611 sold above their list price, the typical home went under contract in 34 days and there were 6.6 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 31 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 34%, homes sold faster (54 days then) and the median sale price rose 3% to $220,655. Overall, Trenton is about as competitive as it was a year ago.

Within Mercer County, homes here sell faster than in 79% of the county’s ZIP codes, and sell less often over asking than in 89%. On our competition score, Trenton ranks #395 of 444 NJ ZIP codes with enough sales (score 53 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.