The story of this market
The typical home in ZIP 08628 sells for about $369,500, or $216 per square foot.
Prices are down 12.8% from a year ago, which gives buyers more room to negotiate. Homes take about 26.5 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,775 a month.
ZIP 08628 — Ewing Township
The 08628 housing market is currently experiencing a correction in pricing, with median sale prices down year-over-year while maintaining a competitive pace of sales. Low inventory levels continue to support a seller-leaning environment despite the broader price adjustments seen across the Trenton-Princeton metro area. Market activity is driven by steady demand from commuters and families seeking access to the regional employment core.
This ZIP is well-suited for family buyers and commuters who value suburban living with efficient access to the Trenton-Princeton job market and established community amenities.
Median prices moved down 12.8% year over year.
Homes spend a median of 27 days on market with 1.7 months of supply — a fast-moving market.
11% of listings have cut prices · homes sell at 100.9% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.4% · poverty 5.6% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 08628, Mercer County NJ
The area is served by the Ewing Township Public Schools, which are generally characterized as providing stable suburban educational opportunities within the Mercer County framework.
The region faces standard Mid-Atlantic climate risks, including potential for localized flooding and wind events; insurance premiums are influenced by regional hazard exposure.
Economic momentum is driven by proximity to the Trenton-Princeton employment corridor, with major institutional employers including state government, healthcare systems, and higher education.
Property taxes are assessed at the municipal and county levels in New Jersey, which maintains one of the highest effective property tax rates in the nation; special districts for schools and utilities are included in the aggregate tax bill.
Residents benefit from easy access to public transportation, including bus routes and proximity to major highway corridors connecting to the Trenton and Princeton employment hubs.
The area features several local parks and green spaces, with convenient access to shopping and dining districts within a 3-mile radius.
The rental market is characterized by steady demand driven by the proximity to regional employment centers, with a mix of single-family rentals and condominium communities like Scotch Run.
The local economy is anchored by the broader Trenton-Princeton metropolitan area, featuring a mix of government, education, and healthcare sectors.
The area is served by regional bus transit and is positioned near major highway arteries facilitating commutes to Trenton and Princeton.
Development activity is focused on infill residential projects and the maintenance of existing suburban infrastructure.
The Mercer County Board of Taxation oversees the assessment process, with valuations typically reflecting market-based adjustments.
Parcels are subject to municipal, county, and school district levies, with additional assessments for local utility and fire districts where applicable.
Property insurance markets in New Jersey are stable but sensitive to regional weather-related hazard risks.
New Jersey is a judicial foreclosure state, requiring court intervention for the foreclosure process.
New Jersey law requires sellers to provide a comprehensive property condition disclosure statement to buyers.
Data retrieved from Census Reporter ZCTA 08628 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.
A sought-after condominium community within Ewing Township.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.