Trenton, NJ home prices
Typical home $439,977 · +0.2% in a year · income needed $148,000
The Trenton, NJ metro area ranks 111 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.2% in a year and +33.2% over five years. With 20% down at 7.11%, the typical home costs about $3,453 a month including 2.36% property tax (Mercer County rate).
Mortgage on the typical Trenton home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $87,995 | $351,982 | $2,368 | $0 | $1,085 | $3,453 | $148,000 |
| 10% down | $43,998 | $395,980 | $2,664 | $165 | $1,085 | $3,914 | $167,700 |
| 5% down | $21,999 | $417,978 | $2,812 | $174 | $1,085 | $4,071 | $174,500 |
| 3.5% down (FHA) | $15,399 | $432,008 | $2,906 | $195 | $1,085 | $4,186 | $179,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 2.36% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Trenton area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Mercer County, NJ | $439,984 | +0.2% | 2.36% |
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Frequently asked questions
How much is a house in Trenton?
The typical home in the Trenton, NJ metro area is worth $439,977 (Zillow, September 2026).
What salary do you need to buy a house in Trenton?
About $148,000 a year for the typical home with 20% down at 7.11%.