Real Estate Market Update for Mercer County, NJ
Welcome to November's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of November. The number of active listings was stable from one year earlier, and down 6% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 220-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 16%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 250-thousand dollars. The number of units sold decreased 2% year-over-year, and decreased 13% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
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Map Information for Mercer County, NJ
Area Information for Mercer County, NJ
  • Population: 364,231
  • Median Age: 37.22 yr
  • Median Commute Time: 20.42 mins
  • Educational Climate*: 4
  • Sales Tax: 6.909%
  • Population Density: 1,622/sq mi
  • Population Change Since 2000: 3.85%
  • Closest Airport: Newark Liberty International
  • Closest College: Rider University
  • Closest Jr. College: Mercer County Community Clg-west Windsor
  • Median Household Income: $72,684
  • Annual Residential Turnover: 13.6%
  • Median Years in Residence: 3.9 yr
  • Median Home Sales Price: $221,450
  • 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 Mercer County, NJ
Median Age: 37.22 Married: 31% Number of Households: 137,430 Households with Children: 47,097
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 Mercer County, NJ

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      University Heights/h.d. Morrison Elementary School 1.7 mi Public K-5 3-5 4
      Benjamin Franklin Elementary School 1.7 mi Public PRESCHOOL-3 3 5
      Mercer Elementary School 2.3 mi Public 2-12 0 4
      Mercer Jr sr High School 2.3 mi Public 9-12 0 5
      Morgan Elementary School 2.3 mi Public K-5 3 3
      N J Reg Day hamilton 2.3 mi Public UNGRADE-UNGRADE 0 5
      Joseph F Cappello School 2.3 mi Public PRESCHOOL-2 0 5
      Lawrence Intermediate School 2.3 mi Public 4-6 3 4
      Chapin School 2.3 mi Private PRESCHOOL-8 0 4
      Lawrence High School 2.4 mi Public 9-12 2-5 4
      The Bridge Academy 2.4 mi Private UNGRADE-UNGRADE 0 5
      Mercerville Elementary School 2.7 mi Public K-5 2-5 4
      Princeton Jr School 2.7 mi Private PRESCHOOL-5 0 5
      Our Lady Of Sorrows School 2.7 mi Catholic K-8 0 4
      The Lawrenceville School 2.7 mi Private 9-12 0 5
      Princeton Friends School 2.9 mi Private PRESCHOOL-8 0 5
      Lawrenceville Elementary School 2.9 mi Public PRESCHOOL-3 4-5 5
      St Ann Elementary School 3.1 mi Catholic PRESCHOOL-8 0 5
      Eldridge Park School 3.1 mi Public K-3 4 5
      Sayen Elementary School 3.1 mi Public K-5 2 4
      Notre Dame High School 3.3 mi Catholic 9-12 0 4
      Slackwood Elementary School 3.3 mi Public K-3 3-5 3
      Hamilton North-nottingham High School 3.4 mi Public 9-12 1 3
      Langtree Elementary School 3.6 mi Public K-5 2-5 5
      Pace Cs Of Hamilton 3.7 mi Public K-4 2-5 5
      Greenwood Elementary School 3.7 mi Public PRESCHOOL-5 1 5
      Maurice Hawk Elementary School 3.8 mi Public K-3 5 5
      Emily C Reynolds Middle School 4.1 mi Public 6-8 2-5 4
      Wl Antheil Elementary School 4.1 mi Public K-5 2-5 4
      Wwindsor plainsboro South 4.1 mi Public 9-12 4-5 4
      Dutch Neck Elementary School 4.2 mi Public K-3 4-5 4
      Alexander Elementary School 4.3 mi Public PRESCHOOL-5 3 5
      Stony Brook Elementary School 4.3 mi Public K-5 4-5 4
      Trenton Catholic Academy Lower School 4.3 mi Catholic PRESCHOOL-8 0 3
      The Hun School Of Princeton 4.3 mi Private 6-12 0 5
      Kuser Elementary School 4.4 mi Public PRESCHOOL-5 1 4
      Pond Road Middle School 4.5 mi Public 4-8 4 4
      Hedgepeth williams School 4.5 mi Public 6-8 0 2
      St Gregory The Great 4.6 mi Catholic PRESCHOOL-8 0 5
      Village School 4.6 mi Public 4-5 5 3
      Robbinsville High School 4.6 mi Public 9-12 4-5 4
      Thomas R Grover Middle School 4.8 mi Public 6-8 5 4
      Johnson Park School 4.8 mi Public PRESCHOOL-5 4-5 4
      Grant Elementary School 5.0 mi Public K-5 0 3
      Incarnation-st James Elementary School 5.0 mi Catholic PRESCHOOL-8 0 4
      Faith Christian School 5.0 mi Private PRESCHOOL-8 0 4
      Albert E Grice Middle School 5.1 mi Public 6-8 2 4
      Richard C Crockett Middle School 5.2 mi Public 6-8 2 3
      Robbins Elementary School 5.3 mi Public K-3 1 5
      Parkway Elementary School 5.4 mi Public K-5 1 4
      St Paul School 5.5 mi Catholic PRESCHOOL-8 0 5
      George E. Wilson Elementary School 5.5 mi Public K-5 1 4
      Gilmore J Fisher Middle School 5.5 mi Public 6-8 2 3
      Robinson Elementary School 5.5 mi Public K-5 2-5 4
      Mcgalliard Elementary School 5.6 mi Public K-5 2 4
      Franklin Elementary School 5.6 mi Public K-5 0 4
      Ewing High School 5.7 mi Public 9-12 1 3
      Hamilton West-watson High School 5.7 mi Public 9-12 1 4
      Foundation Academy Charter School 5.8 mi Public 5-8 2-5 4
      Princeton High School 5.8 mi Public 9-12 4-5 4
      Community Park Elementary School 5.8 mi Public K-5 3-5 4
      St Raphael School 6.0 mi Catholic PRESCHOOL-8 0 5
      Newgrange School & Educational 6.0 mi Private - 0 4
      J witherspoon Middle School 6.0 mi Public 6-8 5 5
      Princeton Day School 6.1 mi Private PRESCHOOL-12 0 4
      Miriam Morris Private School 6.1 mi Private PRESCHOOL-6 0 5
      Sunnybrae Elementary School 6.1 mi Public K-5 2-5 4
      Parker Elementary School 6.2 mi Public K-5 1 4
      Yardville Heights Elementary School 6.2 mi Public K-5 3 4
      Kisthardt Elementary School 6.3 mi Public K-5 1 4
      Toll Gate/grammar Elementary School 6.3 mi Public K-5 4-5 5
      Mott Elementary School 6.3 mi Public K-5 1 3
      Stuart Country Day School 6.4 mi Private PRESCHOOL-12 0 4
      The American Boychoir School 6.4 mi Private 4-8 0 4
      French American School Of Princeton 6.4 mi Private PRESCHOOL-8 0 4
      The Wilberforce School 6.4 mi Private - 0 5
      Melvin H Kreps School 6.4 mi Public 6-8 3 4
      Littlebrook School 6.6 mi Public PRESCHOOL-5 4 4
      Princeton Charter School 6.6 mi Public K-8 4-5 4
      The Pennington School 6.7 mi Private 6-12 0 4
      Village Charter School 6.7 mi Public K-8 1 3
      The Cambridge School 6.9 mi Private 1-8 0 4
      Princeton Academy-sacred Heart 6.9 mi Catholic PRESCHOOL-8 0 5
      Yardville Elementary School 6.9 mi Public PRESCHOOL-5 3 3
      Central High School 7.0 mi Public 9-12 4-5 4
      Sharon Elementary School 7.3 mi Public PRESCHOOL-3 4-5 3
      Princeton Montessori School 7.3 mi Private PRESCHOOL-8 0 4
      Timberlane Middle School 7.4 mi Public 6-8 4-5 5
      Francis Lore Elementary School 7.8 mi Public K-5 2 4
      Grace Norton Rogers School 8.1 mi Public PRESCHOOL-5 2-5 4
      Walter C. Black Elementary School 8.1 mi Public K-5 2-5 5
      Villa Victoria Academy 8.3 mi Catholic PRESCHOOL-12 0 5
      Hightstown High School 8.3 mi Public 9-12 3-5 3
      Hopewell Elementary School 8.6 mi Public PRESCHOOL-5 5 4
      Peddie School 8.6 mi Private 9-12 0 4
      Bear Tavern Elementary School 8.7 mi Public PRESCHOOL-5 3-5 4
      Waldorf School Of Princeton 8.7 mi Private PRESCHOOL-8 0 4
      Perry L. Drew Elementary School 10.5 mi Public K-5 3 4
      Ethel Mcknight Elementary School 10.6 mi Public K-5 3 4
      Morris Namias Shalom Torah Academy 10.7 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 Mercer County, 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.