Skip to main content
Back to home

NJ Market Dashboard

Mercer County

Last updated: May 2026

Talk to Mahesh
Data sources:Market statistics from Redfin Data Center · Home value forecasts from Zillow Research · Updated monthly. Last updated: May 2026.

Median Sale Price

$479K

+5.2% YoY

Days on Market

41 days

+2.5% YoY

Active Listings

1,373

+7.9% YoY

Sale vs. Ask Price

100.25%

-0.7% YoY

Median Sale Price Trend

12-month rolling median — Mercer County

Days on Market

Green = below average (faster sales)

Inventory Levels

Active vs. new listings — monthly

Price Per Sqft by City

Ranked highest to lowest — May 2026

Sale vs. Ask Price

Above 100% = homes sold for more than asking price

Market Health Score

Composite of price momentum, inventory tightness, and demand strength

44/100Buyer's Market
Price Momentum68
Inventory Tightness18
Demand Strength45
Affordability60

Zillow 12-Month Forecast

Projected home value change · Zillow Research

+1.6%

Modest growth expected. The market is stabilizing — a reasonable window for both buyers and sellers.

Price Per Sqft by City

Ranked by price per square foot. County average: $291/sqft. Click column headers to re-sort.

CityPrice / Sqftvs. County Avg
Princeton$666+128.9%
Pennington$392+34.7%
Hopewell$309+6.2%
Ewing$244-16.2%
Trenton$161-44.7%

What This Means For You

Data-driven takeaways for buyers, sellers, and investors in Mercer County right now.

For Buyers

Balanced
  • Conditions are balanced — neither buyers nor sellers hold a strong advantage. Fair pricing and solid preparation win deals.
  • Days on market are up 2.5% year-over-year, meaning homes are sitting longer. Use this time to get thorough inspections done before making offers.
  • Homes still sell above asking at 100.25% — so expect competition on move-in-ready, well-priced properties. Budget for at least asking price on desirable listings.

For Sellers

Balanced
  • Median prices are up 5.2% year-over-year. The market is rewarding sellers who price with the trend, not against it.
  • Homes priced correctly are selling at 100.25% of list price — above asking. This only happens when you price strategically, not aspirationally.
  • Strong demand means a well-prepared home can generate multiple offers. Don't leave money on the table — prep properly and list at the right time.
  • Spring (March–May) typically brings peak buyer traffic in this county. List prepared, not rushed.

For Investors

Opportunity
  • With prices up 5.2% year-over-year, Mercer County continues to build equity for existing owners. Entry-level and value-add properties offer the best basis.
  • Relative affordability (score: 60/100) compared to neighboring counties makes this an attractive target for both buy-and-hold and fix-and-flip strategies.
  • DOM of 41 days means motivated sellers are out there. Off-market outreach and patient deal sourcing can yield below-market acquisitions.

From the Blog

Explore Nearby Counties

Ready to act on this data?

Get a personalized market analysis for your specific property or search criteria in Mercer County.

Call Now
Book a Consultation