The housing market in 08629 Trenton, NJ is flourishing. The median value of houses in the area is $175,500 which is considerably lower than the US house median value of $338,100. This means that housing in this region offers great affordability. In addition, the one-year house appreciation rate in this area is 15.39%, which is more than double the US average house appreciation rate of 8.27%. This indicates that investing in housing in Trenton is an attractive option and can result in a large return on investment over time.
The median home cost in Trenton (zip 08629) is $175,500. Home appreciation the last 10 years has been 62.8%. Home Appreciation in Trenton (zip 08629) is up 19.5%.
Average Age of Homes
- The median age of Trenton (zip 08629) real estate is 78 years old
The Rental Market in Trenton (zip 08629)
- Renters make up 31.6% of the Trenton (zip 08629) population
- 2.1% of houses and apartments in Trenton (zip 08629), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.