Is Trenton, NJ 08691 a buyer’s or seller’s market?

The Trenton housing market right now

In the three months ending August 31, 2026, 37% of homes in Trenton, NJ 08691 sold above their list price, the typical home went under contract in 38 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 78 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 45%, homes sold more slowly (31 days then) and the median sale price rose 20% to $720,688. Overall, Trenton is less competitive than a year ago, which gives buyers more room.

Within Mercer County, homes here sell faster than in 68% of the county’s ZIP codes, and sell less often over asking than in 74%. On our competition score, Trenton ranks #313 of 444 NJ ZIP codes with enough sales (score 68 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.