Pennington, NJ
Housing market overview · Updated weekly
$460,000median sale price
Homes sold
3
Last 12 weeks
Days on market
48
Average pace
Active listings
5
1.7 months supply
Sale-to-list
100.0%
Above asking
The Pennington housing market is currently classified as a strong seller's market with a median sale price of $460,000. Prices have risen 24.2% compared to last year, with homes spending an average of 48 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Pennington
There are currently 5 homes listed for sale in Pennington, New Jersey. The median listing price is $849K.
Active listings
5
Homes on market
Median list price
$849K
Avg. days on market
48
Days until sale
New this week
3
Newly listed
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Frequently asked questions
What is the average home price in Pennington?
The median home sale price in Pennington is $460,000, up 24.2% from last year.
How long do homes stay on market in Pennington?
Homes typically spend 48 days on market before going under contract.
Is Pennington a buyer's or seller's market?
With 1.7 months of supply, Pennington is currently a strong seller's market.
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