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Homes for Sale Under 500K in Pennington, NJ

41 Homes

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Pennington, NJ Housing Market Overview

Pennington's housing market is evenly balanced between buyers and sellers. This creates fair negotiating conditions for both parties. With a 3.5-month supply of homes and properties spending 61 days on the market on average, both buyers and sellers have equal opportunity to achieve favorable outcomes.

Status

Balanced Market

Days on Market

61

Inventory

41

Jul 2021Mar 2024Mar 2026

Median Home Price

$812,500Up 0.72%

In Mar 2026 · YoY

Jul 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Supply

Homes For Sale
41 Down 0.30%
Newly Listed Homes
6 Up 0.50%
Months of Supply
3.5 Down 1.50%

Demand

Homes Sold
2 Down 0.00%
Sale-to-List Ratio
99.4% Up 4.77%
Homes Sold Above List
50% Up 50.00%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Pennington Market Report
  • mls-imgIDX Logo
    The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. © 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.
  • mls-imgIDX Logo

    Based on information from Bright MLS through Aug 31, 2026, 2:45 AM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2025 Bright MLS, Inc. All Rights Reserved. Click here for more information

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Pennington, NJ Housing Marketlink qauare
Homes Available icon

41

Homes Available

Median List Price icon

$ 812,500

Median List Price

Avg on Market icon

61 Days

Avg on Market

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