The housing in 08611 Trenton, NJ is quite impressive. According to the given content, the median value of houses in Trenton is $126,900, which is significantly lower than the US median value of $338,100. Despite this low median value, the area is experiencing a higher rate of appreciation than the national average; a 15.39% house appreciation over the last year compared to 8.27%. This indicates that Trenton is an up and coming area for housing investors and buyers looking for good deals on properties with potential for growth.
The median home cost in Trenton (zip 08611) is $126,900. Home appreciation the last 10 years has been 62.8%. Home Appreciation in Trenton (zip 08611) is up 19.5%.
Average Age of Homes
- The median age of Trenton (zip 08611) real estate is 78 years old
The Rental Market in Trenton (zip 08611)
- Renters make up 53.5% of the Trenton (zip 08611) population
- 2.4% of houses and apartments in Trenton (zip 08611), 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.