Real Estate Market Update for 08690 (Trenton, NJ)
Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was up 2% from one year earlier, and down 1% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just over 270-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 14%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 260-thousand dollars. The number of units sold increased 17% year-over-year, and decreased 22% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for 08690 (Trenton, NJ)
Area Information for 08690 (Trenton, NJ)
  • Population: 17,904
  • Median Age: 43.48 yr
  • Median Commute Time: 21.45 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 2,530/sq mi
  • Population Change Since 2000: -2.29%
  • Closest Airport: Philadelphia International
  • Closest College: Rider University
  • Closest Jr. College: Mercer County Community Clg-west Windsor
  • Median Household Income: $91,495
  • Annual Residential Turnover: 10.56%
  • Median Years in Residence: 5.9 yr
  • Median Home Sales Price: $227,750
  • Closest Major Sports Team: Trenton Thunder
  • Change Avg. Household Income Since 2000: 27%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 08690 (Trenton, NJ)
Median Age: 43.48 Married: 42% Number of Households: 7,045 Households with Children: 2,364
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 08690 (Trenton, NJ)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Alexander Elementary School 0.9 mi Public PRESCHOOL-5 3 5
      Emily C Reynolds Middle School 0.9 mi Public 6-8 2-5 4
      Sayen Elementary School 1.0 mi Public K-5 2 4
      St Gregory The Great 1.1 mi Catholic PRESCHOOL-8 0 5
      Hamilton East-steinert High School 1.3 mi Public 9-12 2 3
      Mcvs Assunpink Vocational School 1.3 mi Public 9-12 0 0
      Mercer Elementary School 1.3 mi Public 2-12 0 4
      Mercer Jr sr High School 1.3 mi Public 9-12 0 5
      N J Reg Day hamilton 1.3 mi Public UNGRADE-UNGRADE 0 5
      Joseph F Cappello School 1.3 mi Public PRESCHOOL-2 0 5
      Langtree Elementary School 1.4 mi Public K-5 2-5 5
      Faith Christian School 2.6 mi Private PRESCHOOL-8 0 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 08690 (Trenton, NJ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.