Zip 08648 (Trenton, NJ) Housing

The housing market in 08648 Trenton, NJ is booming, with a median value of $363,400. This is much higher than the US median value of $338,100. In addition to this, the US 1 year house appreciation rate is 8.27%, however, for 08648 Trenton the appreciation rate over one year is 15.39%. This shows that 08648 Trenton has experienced much higher rates of housing growth in the past year. With such strong housing values and increased growth rates, it's an ideal time to invest in property in the area.

The median home cost in Trenton (zip 08648) is $363,400. Home appreciation the last 10 years has been 62.8%. Home Appreciation in Trenton (zip 08648) is up 19.5%.

Average Age of Homes

- The median age of Trenton (zip 08648) real estate is 37 years old

The Rental Market in Trenton (zip 08648)

- Renters make up 29.4% of the Trenton (zip 08648) population
- 0.1% of houses and apartments in Trenton (zip 08648), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Trenton, New Jersey	United States
	12,315.0	139,647,020.0
	43	42
	$363,400	$338,100
	19.5%	16.6%
	54.5%	57.0%
	62.8%	101.1%
	$24.20	$10.98
	$8,307	$2,690
	64.3%	57.4%
	6.8%	11.2%
	28.9%	31.4%
Vacant Housing
	0.1%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	1.4%	3.6%
	4.9%	4.1%
Value of Owner-Occupied Housing
	0.1%	2.6%
	0.5%	2.4%
	0.1%	2.8%
	0.5%	3.9%
	1.8%	4.5%
	3.2%	11.3%
	5.8%	13.0%
	26.1%	20.1%
	27.4%	13.6%
	17.7%	8.3%
	14.8%	9.7%
	0.7%	3.9%
	0.5%	2.2%
	0.5%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	10.0%	13.6%
	10.0%	13.6%
	11.3%	13.6%
	24.1%	13.2%
	14.4%	14.8%
	11.3%	13.6%
	13.2%	10.0%
	1.9%	4.7%
	10.1%	12.2%

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