Is Lawrence Township, NJ 08648 a buyer’s or seller’s market?

The Lawrence Township housing market right now

In the three months ending August 31, 2026, 50% of homes in Lawrence Township, NJ 08648 sold above their list price, the typical home went under contract in 35 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 86 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 53%, homes sold faster (37 days then) and the median sale price rose 16% to $599,740. Overall, Lawrence Township is about as competitive as it was a year ago.

Within Mercer County, homes here sell faster than in 74% of the county’s ZIP codes, and sell more often over asking than in 63%. On our competition score, Lawrence Township ranks #224 of 444 NJ ZIP codes with enough sales (score 78 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.