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Pennington, NJ Real Estate & Property Data

Pennington Real Estate Market Trends

Last Updated: May 02, 2024

Accurate and comprehensive real estate data is critical for insight into Pennington, NJ. ATTOM’s Pennington real estate data is updated daily, and current market trends show that in Pennington, NJ a total of 196 residential properties have sold over the past year. With a median home price of $600,000 in Pennington and a total of 5 foreclosures. Get detailed property data for Pennington, NJ instantly. ATTOM is your one-stop-shop for the Pennington property reports and real estate data you need in Pennington, NJ.

Pennington Real Estate Market Trends

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Total Residential Properties 4,764

Total Commercial Properties 187

Avg. Home Age (Single Family Home) 49 Years

Avg. Square Feet (Single Family Home) 2,467

Total 2024 Residential Sales (year-to-date) 32

% of Homes Seriously Underwater (Q2 2024) 0.52%

Total 2023 Residential Sales 180

% of Equity Rich Homes (Q2 2024) 48.92%

Effective 2023 Property Tax 1.92%

Total Foreclosure Filings (year-to-date) 6

Pennington, NJ Real Estate Overview

There were 196 residential properties sold in the past year in Pennington, NJ. The median home value in Pennington, NJ is $640,700. There are a total of 4,764 residential properties in the Pennington.

Median Sales Price i

$600,000

(Mar 2024)

-7%

year-over-year

y-o-y

March '24 Mar '24 $600,000
February '24 Feb '24 $1,108,000
January '24 Jan '24 $858,000
December '23 Dec '23 $630,000
November '23 Nov '23 $950,000
October '23 Oct '23 $725,000
September '23 Sep '23 $663,000
August '23 Aug '23 $711,000
July '23 Jul '23 $795,000
June '23 Jun '23 $620,000
May '23 May '23 $810,000
April '23 Apr '23 $500,000

Median Down Payment i

$105,869

(Mar 2024)

+5.9%

year-over-year

y-o-y

March '24 Mar '24 $105,869
February '24 Feb '24 $240,000
January '24 Jan '24 $183,700
December '23 Dec '23 $98,875
November '23 Nov '23 $395,000
October '23 Oct '23 $145,000
September '23 Sep '23 $143,000
August '23 Aug '23 $189,500
July '23 Jul '23 $379,250
June '23 Jun '23 $150,000
May '23 May '23 $195,000
April '23 Apr '23 $100,000

Number of Homes Sold i

15

(Mar 2024)

-25%

year-over-year

y-o-y

March '24 Mar '24 15
February '24 Feb '24 4
January '24 Jan '24 13
December '23 Dec '23 15
November '23 Nov '23 14
October '23 Oct '23 13
September '23 Sep '23 9
August '23 Aug '23 16
July '23 Jul '23 20
June '23 Jun '23 30
May '23 May '23 16
April '23 Apr '23 11

Number of Purchase Loans i

12

(Mar 2024)

-25%

year-over-year

y-o-y

March '24 Mar '24 12
February '24 Feb '24 3
January '24 Jan '24 7
December '23 Dec '23 10
November '23 Nov '23 13
October '23 Oct '23 10
September '23 Sep '23 2
August '23 Aug '23 14
July '23 Jul '23 13
June '23 Jun '23 22
May '23 May '23 11
April '23 Apr '23 11

Number of REFI Loans i

4

(Mar 2024)

-33.3%

year-over-year

y-o-y

March '24 Mar '24 4
February '24 Feb '24 9
January '24 Jan '24 3
December '23 Dec '23 3
November '23 Nov '23 3
October '23 Oct '23 7
September '23 Sep '23 6
August '23 Aug '23 10
July '23 Jul '23 2
June '23 Jun '23 2
May '23 May '23 10
April '23 Apr '23 5

Number of HELOC Loans i

7

(Mar 2024)

+75%

year-over-year

y-o-y

March '24 Mar '24 7
February '24 Feb '24 7
January '24 Jan '24 4
December '23 Dec '23 10
November '23 Nov '23 5
October '23 Oct '23 7
September '23 Sep '23 4
August '23 Aug '23 6
July '23 Jul '23 8
June '23 Jun '23 5
May '23 May '23 4
April '23 Apr '23 4

Pennington, NJ Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

08534
$640,700 $259.66/sqft

Pennington, NJ Foreclosure Activity

There were a total of 5 Pennington, NJ properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i

5

(Mar 2024)

+66.7%

year-over-year

y-o-y

March '24 Mar '24 5
February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 3
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 2
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 1

Foreclosure Starts i

5

(Mar 2024)

+150%

year-over-year

y-o-y

March '24 Mar '24 5
February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 2
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 2
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 N/A

Completed Foreclosures (REOs) i

March '24 Mar '24 N/A
February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A

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