Is Trenton, NJ 08638 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Trenton is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score70/ 100

More competitive than 74% of U.S. ZIP codes, and #290 of 444 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4Under 4 months = seller’s market

Sold above original list48%Share of sales, last 3 months

Median sale-to-list102.4%Sold price ÷ list price

Median days on market42Listing to accepted offer

Median price per sq ft$257▲ +8.0% vs. last year

Run the numbers for 08638

Prefilled for 08638Can I win this house?Multiple-offer likelihood for a listing Prefilled for 08638Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Hightstown 08520Balanced $292 /sq ft Hopewell 08525Seller’s market $325 /sq ft Lawrence Township 08648Seller’s market $294 /sq ft Pennington 08534Seller’s market $324 /sq ft Browse all markets →

Local agents

See all agents in 08638 →

No sponsored agents in 08638 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 08638

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Mercer County property taxes Mercer County loan limits Closing costs in New Jersey Hottest ZIP codes in New Jersey

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="08638"><a href="https://offerbacked.com/market/08638">Trenton, NJ 08638 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology