Cities with the fastest growing home prices in Trenton metro area

Written by:
January 19, 2023
FOTOGRIN // Shutterstock

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 December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 7 cities and towns with data available were included in the list.

You may also like: Where people in Trenton are moving to most

1 / 7
Stacker

#7. Hightstown, NJ

- 1-year price change: +$28,232 (+8.4%)
- 5-year price change: +$120,712 (+49.2%)
- Typical home value: $366,272 (#6 most expensive city in metro)
2 / 7
Stacker

#6. Trenton, NJ

- 1-year price change: +$35,397 (+14.5%)
- 5-year price change: +$141,729 (+102.6%)
- Typical home value: $279,895 (#7 most expensive city in metro)
3 / 7
Stacker

#5. Lawrence Township, NJ

- 1-year price change: +$39,133 (+11.5%)
- 5-year price change: +$116,496 (+44.3%)
- Typical home value: $379,383 (#5 most expensive city in metro)
4 / 7
Stacker

#4. East Windsor Township, NJ

- 1-year price change: +$49,550 (+13.6%)
- 5-year price change: +$143,179 (+52.6%)
- Typical home value: $415,173 (#4 most expensive city in metro)
5 / 7
Stacker

#3. Pennington, NJ

- 1-year price change: +$63,603 (+11.9%)
- 5-year price change: +$168,665 (+39.4%)
- Typical home value: $597,204 (#3 most expensive city in metro)

You may also like: Closest national parks to Trenton

6 / 7
Stacker

#2. Princeton, NJ

- 1-year price change: +$86,723 (+11.6%)
- 5-year price change: +$218,585 (+35.6%)
- Typical home value: $832,116 (#2 most expensive city in metro)
7 / 7
Stacker

#1. Princeton Junction, NJ

- 1-year price change: +$95,678 (+12.8%)
- 5-year price change: +$219,892 (+35.4%)
- Typical home value: $840,539 (#1 most expensive city in metro)

Trending Now