Cities with the fastest growing home prices in Trenton metro area

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November 23, 2022
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Cities with the fastest growing home prices in Trenton metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Trenton-Princeton, NJ metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 7 cities and towns with data available were included in the list.

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1 / 7
Stacker

#7. Hightstown, Hightstown

- 1-year price change: +$33,264 (+10.0%)
- 5-year price change: +$127,623 (+53.3%)
- Typical home value: $367,046 (#6 most expensive city in metro)
2 / 7
Stacker

#6. Trenton, Trenton

- 1-year price change: +$36,711 (+15.4%)
- 5-year price change: +$137,368 (+100.2%)
- Typical home value: $274,465 (#7 most expensive city in metro)
3 / 7
Stacker

#5. Lawrence Township, Lawrence Township

- 1-year price change: +$42,044 (+12.7%)
- 5-year price change: +$110,080 (+41.8%)
- Typical home value: $373,229 (#5 most expensive city in metro)
4 / 7
Stacker

#4. East Windsor Township, East Windsor Township

- 1-year price change: +$49,619 (+13.9%)
- 5-year price change: +$135,563 (+49.9%)
- Typical home value: $407,353 (#4 most expensive city in metro)
5 / 7
Stacker

#3. Pennington, Pennington

- 1-year price change: +$66,833 (+13.0%)
- 5-year price change: +$152,763 (+35.6%)
- Typical home value: $582,430 (#3 most expensive city in metro)

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6 / 7
Stacker

#2. Princeton, Princeton

- 1-year price change: +$90,176 (+12.3%)
- 5-year price change: +$206,181 (+33.4%)
- Typical home value: $824,375 (#2 most expensive city in metro)
7 / 7
Stacker

#1. Princeton Junction, Princeton Junction

- 1-year price change: +$106,547 (+14.6%)
- 5-year price change: +$208,028 (+33.1%)
- Typical home value: $836,670 (#1 most expensive city in metro)

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