Pennington, NJ Real Estate Market Summary – September 8, 2026
In Pennington, NJ, the overall real estate market shows activity with 21 homes sold in the last 30 days. The average sale price was $745,468, and homes spent an average of 17 days on the market before being sold. Listing is occurring at a pace of 1 every 1.43 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 21 |
| Sold Per Day | 1 every 1.43 days |
| Average SQFT | 2348 |
| Median Sales Price | $720,000 |
| Average Sales Price | $745,468 |
| Average Price Per SQFT | $346 |
| Average Days on Market | 17 |
| Average Year Built | 1976 |
Pennington, NJ Single Family Home Analysis
For single-family homes in Pennington, there were 15 properties sold, with an average sale price of $830,450. These homes averaged 17 days on the market before their sale, and listings are emerging at a pace of 1 every 2 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 15 |
| Sold Per Day | 1 every 2.00 days |
| Average SQFT | 2425 |
| Median Sales Price | $787,000 |
| Average Sales Price | $830,450 |
| Average Price Per SQFT | $357 |
| Average Days on Market | 17 |
| Average Year Built | 1969 |
Pennington, NJ Condo & Townhome Analysis
The condo and townhome segment consisted of 6 homes sold, with an average sale price of $533,012. On average, these properties were on the market for about 16 days, with new listings arriving at a pace of 1 every 5 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 6 |
| Sold Per Day | 1 every 5.00 days |
| Average SQFT | 1988 |
| Median Sales Price | $541,250 |
| Average Sales Price | $533,012 |
| Average Price Per SQFT | $294 |
| Average Days on Market | 16 |
| Average Year Built | 2010 |
Buyer & Seller Analysis
- 21 homes sold in the overall market.
- Average days on market: 17.
- Average sale price for all homes: $745,468.
- 1 new listing every 1.43 days.
Conclusion
The market in Pennington, NJ reflects a consistent activity level with reasonable time frames for listings. The average sale prices indicate a diverse range of properties available in the area.