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ZIP 08534 in Pennington, NJ: housing market trends

The median home sale price in ZIP 08534 in Pennington, NJ was $674,802 for the three-month period ending September 2026. Sale prices were 3.6% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$674,802
three-month period ending September 2026
Median sale price per sq ft
$329.17
three-month period ending September 2026
Active listings
137
three-month period ending September 2026
Typical monthly rent
$3,063
Rent index · August 2026

How is housing inventory changing?

There were 137 active listings for the three-month period ending September 2026. Active listings were 28.0% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 59 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 08534 in Pennington, NJ
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$674,802$329.1774
Single-familySeptember 2026$754,810$342.5746
TownhousesSeptember 2026$520,001$313.2322
Condos / co-opsSeptember 2026$439,986$336.117 · small sample
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 08534 in Pennington, NJ
MarketMedian sale priceReporting period / source
Pennington, NJ$699,6673 months ending September 2026 · Redfin
Hopewell, NJ$737,9383 months ending September 2026 · Redfin
Titusville, NJ$352,3323 months ending September 2026 · Redfin
Lawrence Township, NJ$572,450Month ending July 2026 · Zillow
Ewing, NJ$399,5873 months ending September 2026 · Redfin
Princeton, NJ$1,369,3483 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 08534 in Pennington, NJ
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$674,802$329.17137
August 2026$680,000$324.03147
July 2026$644,950$324.03154
June 2026$632,500$324.01158
May 2026$620,000$332.57156
April 2026$600,000$332.88135
March 2026$612,495$329.59109
February 2026$615,000$292.2190
January 2026$647,500$311.0287
December 2025$700,000$317.9094
November 2025$697,500$317.54103
October 2025$700,000$311.09101
September 2025$700,000$343.22107
August 2025$659,500$344.44103
July 2025$650,000$350.47102
June 2025$620,000$321.26104
May 2025$627,500$310.01107
April 2025$582,500$301.7598
March 2025$582,495$292.3387
February 2025$600,000$293.9679
January 2025$610,000$294.2981
December 2024$604,995$294.6188
November 2024$587,970$295.6587
October 2024$595,000$297.3299

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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