The story of this market
The typical home in ZIP 08638 sells for about $252,000, or $185 per square foot.
Prices are down 7% from a year ago, which gives buyers more room to negotiate. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,593 a month.
ZIP 08638 — Ewing Township
The 08638 housing market is experiencing downward price pressure with a 7% year-over-year decline in median values. High inventory relative to sales pace and a significant share of price cuts suggest a cooling environment for sellers. Figures are based on combined Trenton-market data where ZIP-specific metrics were unavailable.
Median prices moved down 7.0% year over year.
Homes spend a median of 42 days on market with 3.4 months of supply — a fast-moving market.
23% 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 7.7% · poverty 17.8% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 08638, Mercer County NJ
Data retrieved from data.census.gov ZCTA 08638 profile.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.