Pennington Housing Information - Census

IndexPenningtonNew JerseyNational
Median home price$519,100$316,400$184,700
Median rent asked$1,416$1,213$949
Avg. people per household2.32.72.6
Owner occupied households77.8%64.1%63.6%
Renter occupied households22.2%35.9%36.4%

Pennington Housing Information - Zillow

IndexPenningtonNew JerseyNational
Zillow home value index$489,912$313,560$213,146
Year over year appreciation rate-0.09%10.64%8.00%
5 year average appreciation rate0.27%4.27%6.57%
10 year average appreciation rate0.36%-0.86%1.33%

Did you know?

  • The median home price in Pennington is 181% higher than the national average.
  • The median rent asked in Pennington is 49% higher than the national average.
  • The average number of people per household in Pennington is 12% lower than the national average.
  • The number of owner occupied households in Pennington is 22% higher than the national average.
  • The number of renter occupied households in Pennington is 39% lower than the national average.

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Compare Pennington, NJ Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Zarephath, NJ8$0100%
Newtown CDP, PA250$95,60048%
Trenton, NJ84,559$100,00046%
Morrisville CDP, PA862$125,00032%
Roebling, NJ3,652$161,80012%
Pennington, NJ2,567$519,100181%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Dayton, OR2,567$172,3007%
Salmon Brook, CT2,568$241,20031%
South Dos Palos, CA2,568$122,60034%
Park City, TN2,565$99,20046%
Rock Rapids, IA2,569$113,00039%
Pennington, NJ2,567$519,100181%
Source: The Pennington, NJ housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.