The story of this market
The typical home in ZIP 08525 sells for about $600,000, or $419 per square foot.
Prices are up +12.1% from a year ago, so sellers still have some momentum. Homes take about 36 days to sell. HUD's fair market rent for a two-bedroom is $1,835 a month.
ZIP 08525 — Hopewell Borough
The Hopewell housing market remains a seller-leaning environment characterized by low inventory and strong price appreciation. High demand from professionals and families, coupled with limited supply, continues to drive prices upward despite broader economic headwinds. The market is stable, with homes selling relatively quickly compared to regional averages.
This ZIP is ideal for family buyers and professionals seeking a quiet, high-income suburban environment with excellent schools and proximity to major regional employment hubs.
Median prices moved up 12.1% year over year.
Homes spend a median of 36 days on market with 0.9 months of supply — a fast-moving market.
11% of listings have cut prices · homes sell at 94% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.0% · poverty 2.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 08525, Mercer County NJ
The area is served by highly-rated public schools within the Hopewell Valley Regional School District, known for strong academic performance.
The region faces standard regional risks including potential for localized flooding and wind events; property insurance remains stable but sensitive to regional hazard trends.
The area benefits from proximity to the Princeton and Trenton employment corridors, with steady demand for residential housing and limited new development inventory.
Property taxes are assessed at the municipal and county levels with additional levies for the regional school district; rates are among the highest in the nation due to local school funding requirements.
Residents primarily commute by car toward Princeton, Trenton, or New York City, with access to major regional highways and limited public transit options.
The area features extensive greenbelts, local parks, and proximity to the Delaware River, offering significant outdoor recreation and historic shopping districts.
The rental market is characterized by low vacancy and high demand, with limited inventory often driven by single-family home rentals.
The local economy is anchored by proximity to Princeton University, pharmaceutical research hubs, and the state government in Trenton.
Transportation relies heavily on private vehicle use, with access to I-95 and local state routes; public transit is limited to regional bus connections.
Development is strictly managed by local zoning to preserve the historic character of the borough and surrounding township.
Parcels are subject to Hopewell Valley Regional School District taxes and municipal service districts.
Property insurance premiums are influenced by regional flood and storm risk profiles.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Features preserved architecture and local boutique shopping.
Provides extensive hiking trails and environmental education.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.