Is Trenton, NJ 08629 a buyer’s or seller’s market?

The Trenton housing market right now

In the three months ending August 31, 2026, 38% of homes in Trenton, NJ 08629 sold above their list price, the typical home went under contract in 45 days and there were 4.7 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 13 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 42%, homes sold faster (50 days then) and the median sale price fell 9% to $267,884. Overall, Trenton is about as competitive as it was a year ago.

Within Mercer County, homes here sell more slowly than in 68% of the county’s ZIP codes, and sell less often over asking than in 68%.

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.