The median value of housing in 08638 Trenton, NJ is $220,700, which is significantly lower than the U.S. median house value of $338,100. However, the one year appreciation rate for housing in 08638 Trenton, NJ is 15.39%, which is higher than the U.S. average of 8.27%. This means that houses in Trenton are appreciating much faster than the national average and could be a good investment opportunity for those looking to put their money into real estate in this area.
The median home cost in Trenton (zip 08638) is $220,700. Home appreciation the last 10 years has been 62.8%. Home Appreciation in Trenton (zip 08638) is up 19.5%.
Average Age of Homes
- The median age of Trenton (zip 08638) real estate is 64 years old
The Rental Market in Trenton (zip 08638)
- Renters make up 33.4% of the Trenton (zip 08638) population
- 1.8% of houses and apartments in Trenton (zip 08638), 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.