Pennington Prospect, Mercer County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Pennington Prospect, Mercer County, NJ

Median Home Price Price

$196,961 $197K

Median Monthly Rent Rent

$1,692 $1.7K

GRM

10.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Pennington-Prospect, NJ is $1,692, with MoM change -$5 and YoY change +$60 showing mixed momentum while volatility is low (std $17).

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Metric

Base market Pennington-Prospect, NJ

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Delta vs base

Median rent

$1,692

N/A

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Median price

$196,961

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YoY change

+$60

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Price-to-rent

9.7x

Data unavailable

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