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Updated May 2026 · Redfin · 3-month window

08534 Real Estate Market Update: Pennington, NJ, May 2026

The latest housing-market numbers for ZIP code 08534 in Pennington, New Jersey, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 08534 · Pennington, NJ · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$620K▲ +1.2%▼ -1.2%
Days on market50▼ -31.5%▲ +47.1%
Homes for sale74▲ +8.8%▲ +60.9%
Sale-to-list100.8%▼ -0.1%▼ -1.2%
Homes sold50▲ +25.0%▲ +4.2%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 08534 numbers say

The 08534 ZIP in Pennington is cooling. The median sale price sits at $620,000, 1.2% below last year. Pace is steady: a typical listing goes under contract in about 50 days, with sellers getting 100.8% of list price.

Based on 50 recent sales, 08534 is currently an active market.

What this means if you sell in 08534

Use these figures to set expectations early. Lead a listing appointment with the median price and the 50-day pace, show the year-over-year direction, and frame 08534 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 08534 housing market

What is the median home price in ZIP 08534 (Pennington, NJ)?
As of May 2026, the median sale price in ZIP 08534 is $620,000 (-1.2% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 08534 a buyer's or seller's market right now?
ZIP 08534 is currently an active market, based on a 100.8% sale-to-list ratio, about 50 days on market for May 2026.
How long do homes take to sell in ZIP 08534?
A typical listing in 08534 goes under contract in about 50 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 08534 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.