Pennington, NJ Housing Market
In May 2025, Pennington home prices were up 110.5% compared to last year, selling for a median price of $1.1M. On average, homes in Pennington sell after 27 days on the market compared to 34 days last year. There were 3 homes sold in May this year, down from 4 last year.
since last year
since last year
Pennington Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Pennington from outside metros.
- Los Angeles homebuyers searched to move into Pennington more than any other metro followed by Vineyard Haven and Spokane.
- 69% of Pennington homebuyers searched to stay within the Pennington metropolitan area.
- Miami was the most popular destination among Pennington homebuyers followed by Philadelphia and Boston.
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 192 | ||
| 2 | 13 | ||
| 3 | 8 | ||
| 4 | 4 | ||
| 5 | 3 | ||
| 6 | 3 | ||
| 7 | 2 | ||
| 8 | 2 | ||
| 9 | 2 | ||
| 10 | 2 | ||
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 5,724 | ||
| 2 | 4,619 | ||
| 3 | 4,289 | ||
| 4 | 2,883 | ||
| 5 | 2,084 | ||
| 6 | 2,013 | ||
| 7 | 1,658 | ||
| 8 | 1,494 | ||
| 9 | 1,438 | ||
| 10 | 1,390 | ||
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Pennington.
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