Market Overview
Home Prices in Trenton, NJ
The median home value in Trenton, NJ is $356,470 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.9% compared to a year ago and up 5.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Trenton are priced13% below average. Trenton is part of the Trenton-Princeton, NJ metro area.
Over the past five years, Trenton home values have risen by approximately42.8%, reflecting strong long-term appreciation in this market.
Price History
Trenton Home Price Trend
City Comparison
Trenton vs. National Median
At $356,470, homes in Trenton cost 13% below the national median of $410,000. This makes Trenton a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Trenton?
20% Down Payment
$71,294
on $356,470
Monthly P&I
$1,859/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,361/mo
incl. taxes & insurance
Income Needed
$94,440
gross annual (30% rule)
10% Down Option
$35,647
+ PMI applies
Loan Amount (20% dn)
$285,176
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Trenton, NJ?
The median home value in Trenton is $356,470 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.9% year-over-year.
How much have home prices changed in Trenton?
Over the past year, home values in Trenton have decreased by 1.9%. Over five years, prices have risen approximately 42.8%.
How much do I need to earn to buy a home in Trenton?
To comfortably afford the median home price of $356,470 with a 20% down payment ($71,294) at today's rates (6.8%), you'd need a gross annual income of approximately $94,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Trenton compare to the national average home price?
The national median home value is approximately $410,000. At $356,470, homes in Trenton are 13% below the national average.
What metro area is Trenton part of?
Trenton is part of the Trenton-Princeton, NJ metropolitan area. Home prices and market conditions can vary across the broader metro region.