Real Estate Market Update for Mercer County, NJ
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was up 1% from one year earlier, and up 8% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 250-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 22%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 270-thousand dollars. The number of units sold decreased 3% year-over-year, and increased 15% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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
      Uni Hts/howard D Morrison 1.7 mi Public PRESCHOOL-5 3-5 4
      Benjamin Franklin 1.7 mi Public PRESCHOOL-3 3 5
      Wilberforce School 2.0 mi Private PRESCHOOL-8 0 5
      Mercer Elementary School 2.3 mi Public 3-8 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
      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 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 School 3.1 mi Catholic PRESCHOOL-8 0 5
      Eldridge Park School 3.1 mi Public K-3 4 5
      Sayen 3.1 mi Public K-5 2 4
      Notre Dame High School 3.3 mi Catholic 9-12 0 4
      Slackwood 3.3 mi Public K-3 3-5 3
      Hamilton North Nottingham 3.4 mi Public 9-12 1 3
      Langtree 3.6 mi Public K-5 2-5 5
      Pace Cs Of Hamilton 3.7 mi Public K-5 2-5 5
      Greenwood Elementary School 3.7 mi Public PRESCHOOL-5 1 5
      Maurice Hawk Elem 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 4.1 mi Public K-5 2-5 4
      Windsor Plainsboro High School South 4.1 mi Public 9-12 4-5 4
      Dutch Neck Elem School 4.2 mi Public K-3 4-5 4
      Alexander 4.3 mi Public PRESCHOOL-5 3 5
      Stony Brook Elementary 4.3 mi Public K-5 4-5 4
      Trenton Catholic Academy (lower) 4.3 mi Catholic PRESCHOOL-8 0 2
      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 William Middle School 4.5 mi Public 6-8 0 2
      St Gregory The Great School 4.6 mi Catholic PRESCHOOL-8 0 5
      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 5.0 mi Public K-5 0 3
      Incarnation School 5.0 mi Catholic PRESCHOOL-8 0 4
      Faith Christian Academy 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 5.4 mi Public K-5 1 4
      Washington Elementary 5.5 mi Public K-3 1 4
      St Paul School 5.5 mi Catholic PRESCHOOL-8 0 5
      George E Wilson 5.5 mi Public K-5 1 4
      Gilmore J Fisher Middle School 5.5 mi Public 6-8 2 3
      Daylight/twilight Alternative High School 5.5 mi Public 9-12 0 2
      Robinson 5.5 mi Public K-5 2-5 4
      Mcgalliard 5.6 mi Public K-5 2 4
      Franklin Elementary 5.6 mi Public K-5 0 4
      Ewing High School 5.7 mi Public 9-12 1 3
      Hamilton West Watson 5.7 mi Public 9-12 1 4
      Foundation Academy Cs 5.8 mi Public 5-8 2-5 4
      Princeton High School 5.8 mi Public 9-12 4-5 4
      Community Park 5.8 mi Public K-5 3-5 4
      St Raphael School 6.0 mi Catholic PRESCHOOL-8 0 5
      Newgrange School 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 6.1 mi Public K-5 2-5 4
      Parker Elementary 6.2 mi Public K-5 1 4
      Yardville Heights 6.2 mi Public K-5 3 4
      Kisthardt 6.3 mi Public K-5 1 4
      Toll Gate/grammar 6.3 mi Public K-5 4-5 5
      Mott Elementary 6.3 mi Public K-5 1 3
      Stuart Country Day School 6.4 mi Private PRESCHOOL-12 0 4
      French American School Of Princeton 6.4 mi Private PRESCHOOL-8 0 4
      The American Boychoir School 6.4 mi Private 4-8 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 Cs 6.6 mi Public K-8 4-5 4
      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 6.9 mi Public PRESCHOOL-5 3 3
      Central High School 7.0 mi Public 9-12 4-5 4
      Sharon 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 7.8 mi Public K-5 2 4
      Grace Norton Rogers School 8.1 mi Public PRESCHOOL-5 2-5 4
      Walter C Black 8.1 mi Public K-5 2-5 5
      Villa Victoria Academy 8.3 mi Catholic PRESCHOOL-12 0 4
      Hightstown High School 8.3 mi Public 9-12 3-5 3
      Hopewell 8.6 mi Public PRESCHOOL-5 5 4
      The Peddie School 8.6 mi Private 9-12 0 4
      Bear Tavern 8.7 mi Public PRESCHOOL-5 3-5 4
      Waldorf School Of Princeton 8.7 mi Private PRESCHOOL-8 0 4
      Perry L Drew 10.5 mi Public K-5 3 4
      Ethel Mcknight 10.6 mi Public K-5 3 4
      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 © 2015
      Local Weather for Mercer County, NJ
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.