The housing market in Trenton, NJ is looking bright. The median value of a home in the city is currently $252,500, which is significantly lower than the US median house value of $338,100. What's even better news is that over the last year, the appreciation rate of homes in Trenton has been 15.39%, far outpacing the national rate of 8.27%. This shows that Trenton is an attractive option for those looking to invest in real estate or buy a new home.
The median home cost in Trenton is $252,500. Home appreciation the last 10 years has been 62.8%. Home Appreciation in Trenton is up 19.5%.
Average Age of Homes
- The median age of Trenton real estate is 78 years old
The Rental Market in Trenton
- Renters make up 50.3% of the Trenton population
- 2.5% of houses and apartments in Trenton, 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.