House Prices

House Prices & Home Values Pennington, NJ 2026


Average Data

average house price$459,485
average size per house2085 ft²
average price per ft²221 $ / ft²

04/04/2026 - The value range (VR) for house prices in Pennington, NJ is $306/ sqft to $306/ sqft. An average home with 2085 sqft costs approximately $638,010 to $638,010. Pennington, NJ includes 1 ZIP codes and it is located in Mercer county. The lowest prices are found in ZIP 08534, while the highest are in ZIP 08534. The average price per sqare feet is $221. Our analysis is based on 70 property listings.

Avergage prices by ZIP codes Pennington

08534308 $ / ft²


House prices by neighborhoods in Pennington

Brandon Farms334 $ / ft²
Four Seasons at Brandon Farms333 $ / ft²
Heritage at Pennington305 $ / ft²
Hopewell Grant321 $ / ft²
Hopewell Hunt303 $ / ft²
Hopewell Parc276 $ / ft²
Pennington Point319 $ / ft²
Wellington Manor289 $ / ft²
Woodmont at Hopewell291 $ / ft²




Historical development of home values in Pennington

Year Estimated value (USD) Change vs. 2025
2010 $213,393 -53.6%
2011 $205,141 -55.4%
2012 $204,589 -55.5%
2013 $212,236 -53.8%
2014 $222,789 -51.5%
2015 $234,224 -49.0%
2016 $246,447 -46.4%
2017 $259,749 -43.5%
2018 $274,109 -40.3%
2019 $286,819 -37.6%
2020 $301,646 -34.4%
2021 $343,090 -25.3%
2022 $399,966 -13.0%
2023 $421,783 -8.2%
2024 $446,183 -2.9%
2025 $459,485 0.0%

Graph: estimated home values in Pennington over time (USD)



Example: 100% financing house in Pennington

Loan amount: $459,485

Interest rate: 6.00%

Fixed monthly payment: $2,754.84

Breakdown in the 1st month:
Interest portion: $2,297.43  –  Principal portion: $457.42

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $27,415.61 $5,642.53 $453,842.47
2 $27,067.59 $5,990.55 $447,851.92
3 $26,698.10 $6,360.03 $441,491.89
4 $26,305.83 $6,752.31 $434,739.58
5 $25,889.36 $7,168.77 $427,570.81
6 $25,447.21 $7,610.93 $419,959.88
7 $24,977.78 $8,080.35 $411,879.53
8 $24,479.41 $8,578.73 $403,300.80
9 $23,950.29 $9,107.85 $394,192.95
10 $23,388.54 $9,669.60 $384,523.35
11 $22,792.14 $10,266.00 $374,257.35
12 $22,158.95 $10,899.18 $363,358.17
13 $21,486.71 $11,571.42 $351,786.75
14 $20,773.01 $12,285.12 $339,501.62
15 $20,015.30 $13,042.84 $326,458.78
16 $19,210.84 $13,847.30 $312,611.49
17 $18,356.77 $14,701.37 $297,910.12
18 $17,450.02 $15,608.11 $282,302.01
19 $16,487.35 $16,570.79 $265,731.22
20 $15,465.30 $17,592.84 $248,138.38
21 $14,380.21 $18,677.93 $229,460.45
22 $13,228.20 $19,829.94 $209,630.51
23 $12,005.13 $21,053.01 $188,577.50
24 $10,706.63 $22,351.51 $166,225.99
25 $9,328.03 $23,730.10 $142,495.89
26 $7,864.41 $25,193.72 $117,302.16
27 $6,310.52 $26,747.62 $90,554.55
28 $4,660.78 $28,397.35 $62,157.19
29 $2,909.30 $30,148.84 $32,008.35
30 $1,049.78 $32,008.35 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Pennington, NJ


1500 sqft3900 sqft
Ø selling price$401,116$853,282
Ø fast selling$364,651$767,953
Ø high price sale$437,581$938,610

In 2026, houses in Pennington, NJ will be offered at an average price of $221 per square foot. A 1,500 sqft home priced at $401,116 is 23.09% more expensive per square foot than a 3,900 sqft home priced at $853,282. Home prices in Pennington, NJ vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $590,733. Sellers who can wait longer may achieve a higher price of up to $722,008.

FAQ – Home Values in Pennington

What is the median home value in Pennington in 2026?

In 2026, the typical home value in Pennington is about $459,485 for an average home size of 2085 square feet. This corresponds to an average price of roughly $221 per square foot.

What is the average cost per square foot in Pennington?

In 2026, homes in Pennington sell for an average of around $221 per square foot, with a typical range between $306 and $306 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Pennington is about 2085 square feet, with an estimated 2026 value around $459,485.



Locations close to Pennington, NJ

Millstone Township, NJ349 $ / ft²
Plainsboro, NJ265 $ / ft²
Princeton, NJ256 $ / ft²
New Egypt, NJ186 $ / ft²
Lambertville, NJ329 $ / ft²
Kingston, NJ198 $ / ft²
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