Start Free
All market snapshots / 08534

Pennington, NJ 08534 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Pennington, NJ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.17
ActiveActive listings: 3030PendingPending sales: 55
Pennington, NJ: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $455k$455kSoldMedian sold price (last 6 months): $625k$625k
What homes actually sell for in Pennington, NJ
Distribution of 179 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $450k to $800k
$380k to $479k: 46 sales46sales$380k$479k to $579k: 26 sales$579k to $678k: 20 sales$579k$678k to $777k: 27 sales$777k to $877k: 17 sales$777k$877k to $976k: 11 sales$976k to $1.08M: 9 sales$976k$1.08M to $1.17M: 6 salesMedian $625k

What the numbers say

As of September 14, 2026, Resideline is tracking 30 active listings and 5 pending sales in ZIP code 08534. That pending-to-active ratio of 0.17 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $454,990, while the median of the 179 closed sales Resideline tracked over the last six months was $625,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 08534 for 104 days.

Frequently asked questions

What is the median home price in 08534?

The median closed sale price in Pennington, NJ 08534 was $625,000 over the last six months, based on 179 closed sales tracked by Resideline. The middle half of those sales ranged from $450,000 to $800,000.

Is 08534 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 30 active listings in 08534, a pending-to-active ratio of 0.17. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 08534 currently looks like a balanced market.

Nearby ZIP code market data

Run any 08534 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.