Explore Pennington
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Why Live in Pennington
Pennington, New Jersey, is a quaint borough situated between Trenton and Princeton, offering a blend of historic charm and modern convenience. The area is known for its vintage houses, vibrant downtown, and proximity to nature, providing a serene environment at the crossroads of the New York and Philadelphia metro areas. Pennington boasts highly rated schools, including Bear Tavern Elementary, Timberlane Middle School, and Hopewell Valley Central High School, which contribute to its appeal for families. The borough features a low crime risk compared to the national average, enhancing its desirability. Outdoor attractions include the Pennington Loop Nature Trail and Curlis Lake Woods, popular for walking and horseback riding. The Timberlane athletic fields offer facilities for various sports. The housing market includes historic colonial homes, original farmhouses, and newer developments, with properties ranging from small bungalows to opulent homes on multiple acres. Local highlights include Hopewell Valley Vineyards and Deli On a Bagel, while residents often travel to Trenton for larger retail needs. Pennington is commuter-friendly, with bus access to Trenton's transportation hub and driving distances of 1.5 hours to New York City and 45 minutes to Philadelphia. The nearby Capital Health Medical Center of Hopewell and Trenton-Mercer Airport add to the convenience of living in this charming borough.
Home Prices in Pennington, NJ
The median home sale price in Pennington, NJ is $600,000, down 3% year-over-year. Homes in Pennington sell in 27 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$600,000
|
Median Single Family Sale Price
$680,000
|
|
Median Townhouse Sale Price
$710,000
|
Median 2 Bedroom Sale Price
$449,990
|
|
Median 1 Bedroom Sale Price
$352,000
|
Average Price Per Sq Ft
$330
|
|
Number of Homes for Sale
75
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Last 12 months Home Sales
223
|
|
Months of Supply
4.00
|
Median List Price
$602,440
|
|
Median Change From 1st List Price
0%
|
Median Home Sale Price YoY Change
-3%
|
Pennington Types of Homes for Sale
Pennington Real Estate Listings
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