08534 Home Values & Market Trends

There are 255 homes currently listed for 08534. 08534 real estate market trends show that home prices range from $232,500 to $1,999,000, and the median sales price in the 08534 zip code is $695,938.18. The total number of properties sold within the past twelve months is 169. In 08534, 15 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.

08534 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Pennington

$ 716,591

$ 338/sqft

Housing Market Summary for 08534

Jun 2025June 2026Change
Median Listing Price$699K$627.2K-10.28%
Median Sold Price$537K$627.2K16.78%
Homes For Sale212501090.48%
Homes Sold14942-71.81%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Recently Sold Homes

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Browse Homes in 08534

The median list price of a home in Pennington, is $695,938.18. A total of 255 properties are for sale, and the percentage of properties for sale in the zip code is 94.44%. The total count of 08534 properties is 4,552.

Foreclosure
There is 1 cities within 08534; within this cities, the median estimated home value for homes in foreclosure ranges from $1,056,416 in Pennington to the lowest value of $330,670 in Pennington. Foreclosure homes account for 0.00% of properties in 08534 with Pennington containing 15 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.29% of all residential properties in 08534 with Pennington containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 08534; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,056,416 in Pennington to the lowest home value of $499,585 in Pennington.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 08534 ranges from the highest value of $424,155 in Pennington to the lowest value of $424,155 in Pennington. Bank owned homes and properties account for 0.02% of properties in 08534. There is 1 cities within 08534; Pennington containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Pennington has 1 auction properties, the highest number of properties going to auction in a single city in the state of 08534. Auction homes and other auction properties account for 0.02% of all properties in 08534. There is 1 cities within 08534; of that cities, the median estimated home value for homes going to auction ranges from $330,670 in Pennington to the lowest value of $330,670 in Pennington.
Homes for Sale
Homes and properties that are actively listed for sale account for 5.60% of residential properties in 08534 with Pennington containing 255 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 08534; homes for sale in that cities, have a range of median values from $1,999,000 in Pennington to the lowest value of $260,000 in Pennington.
    Sold Homes
    The median value for recently sold homes ranges from $1,422,169 in Pennington to the lowest price of $163,941 in Pennington. There is 1 cities within 08534. Pennington has 52 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.14% of properties in 08534.

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