The story of this market
The typical home in ZIP 08611 sells for about $290,000, or $192 per square foot.
Prices are down 1.85% from a year ago, which gives buyers more room to negotiate. Homes take about 54 days to sell. HUD's fair market rent for a two-bedroom is $1,459 a month.
ZIP 08611 — Trenton
The 08611 housing market is currently balanced, with prices showing slight year-over-year softening while inventory remains tight. Market activity is driven by urban affordability and proximity to transit, though high property taxes and crime rates remain significant headwinds for long-term appreciation.
This ZIP is best suited for commuters relying on rail transit, investors seeking value-add opportunities in historic districts, and budget-conscious buyers looking for urban proximity to the state capital.
Median prices moved down 1.9% year over year.
Homes spend a median of 54 days on market with 2.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.2% · poverty 22.3% — a mixed stability 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 12.0%/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 7.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 08611, Mercer County NJ
Trenton records violent and property crime rates significantly higher than the national average and most regional peers. The city's police department reports these figures to the FBI's Uniform Crime Reporting Program.
Public schools in the area are part of the Trenton Public School District, which faces significant challenges in academic performance and resource allocation compared to suburban districts in Mercer County.
The area is subject to standard urban flood risks and is located within a region where property insurance premiums are influenced by historical storm-surge exposure and urban density.
Economic momentum is tied to state government operations and local revitalization efforts in historic districts like Mill Hill. Infrastructure focus remains on transit-oriented development near the Trenton Transit Center.
Property taxes in Trenton are among the highest in the state due to the city's reliance on local levies to fund municipal services and schools. Tax rates are set annually by the city council and county board.
Residents benefit from proximity to the Trenton Transit Center, providing rail access to New York City and Philadelphia. Local road commutes are heavily dependent on the Route 1 and I-295 corridors.
The ZIP includes historic Mill Hill and proximity to the Delaware River waterfront, offering urban parks and walking trails. Shopping and dining are concentrated in the downtown core and nearby commercial strips.
The rental market is characterized by high demand for affordable units, with significant pressure on vacancy rates. Investor activity is present, particularly in multi-family conversions within historic neighborhoods.
The economy is anchored by state government, healthcare, and education sectors. Major employers include the State of New Jersey and regional hospital systems.
The area is a primary transit hub for the region, served by NJ Transit, SEPTA, and Amtrak. Highway access is provided by US Route 1 and I-295.
Development is focused on urban infill and the rehabilitation of historic residential properties. City planning emphasizes transit-oriented growth near the downtown core.
Parcels are subject to municipal, county, and school district taxes, with no significant MUD/PID districts reported.
Property insurance costs are elevated due to urban risk factors and regional flood-zone designations.
Data retrieved from Census Reporter ZCTA 08611 profile.
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.
Notable for its 19th-century architecture and community events.
Major anchor for regional rail and bus connectivity.
Provides access to riverfront trails and public green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.