Trenton, NJ Market Trends: August 2026

Trenton, New Jersey, August 2026, Single Family + Condo/Townhouse/Apt.

Q: Are prices rising?

A: Prices are relatively stable with a slight decrease; the median sold price is $399,500, reflecting a -1.36% month-over-month change.

Q: How’s the inventory situation?

A: Inventory is expanding with a 33.05% increase over the past year, providing a 3.18-month supply despite a -4.79% one-month dip.

Q: How long do homes stay on the market?

A: Homes are selling quicker, with a median of 17 days in RPR, although there’s been a 6.25% increase in the median days on the market compared to the previous month.

Q: What’s the competition like among buyers?

A: The market remains competitive, with homes selling at 99.54% of their list price, though there’s been a slight -2.29% drop in the sold-to-list price ratio.

Trenton offers rich cultural experiences with landmarks like the New Jersey State Museum and easy access to major transportation hubs. Given the stable pricing and increased inventory, now might be an opportune time for both first-time and move-up buyers to explore their options in Trenton. For more insights on the Trenton market, connect with one of our ERA Central Realty Group agents.