The housing median value in 08609 Trenton, NJ is $116,500 which is significantly lower than the US house median value of $338,100. However the one year house appreciation in 08609 Trenton, NJ has been higher than the US at 15.39%, compared to 8.27%. This implies that housing prices are increasing faster in this area than the national average. Considering its low median house value and rapid appreciation rate, 08609 Trenton, NJ could be a great place to invest in real estate.
The median home cost in Trenton (zip 08609) is $116,500. Home appreciation the last 10 years has been 62.8%. Home Appreciation in Trenton (zip 08609) is up 19.5%.
Average Age of Homes
- The median age of Trenton (zip 08609) real estate is 78 years old
The Rental Market in Trenton (zip 08609)
- Renters make up 57.3% of the Trenton (zip 08609) population
- 2.9% of houses and apartments in Trenton (zip 08609), 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.