The Pennington housing market is somewhat competitive. The median sale price of a home in Pennington was $645K last month, down 18.4% since last year. The median sale price per square foot in Pennington is $334, down 7.6% since last year.
What is the housing market like in Pennington today?
In June 2025, Pennington home prices were down 18.4% compared to last year, selling for a median price of $645K. On average, homes in Pennington sell after 60 days on the market compared to 25 days last year. There were 5 homes sold in June this year, down from 6 last year.
$645K
Sale Price
-18.4% since last year
$334
Sale $/Sq. Ft.
-7.6% since last year
Over List Price
1.2%
Days on Market
63
Down Payment
19.2%
Total Homes Sold
5
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How hot is the Pennington housing market?
Pennington is somewhat competitive. Homes sell in 63 days.
0
100
50
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 63 days.
Hot homes
can sell for about 4% above list price and go pending in around 30 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Pennington housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Pennington.
Flood Factor - Moderate
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Pennington has a moderate risk of flooding. 44 properties in Pennington are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Pennington. Flood risk is increasing slower than the national average.
83% of properties are at risk of wildfire over the next 30 years
Fire Factor
Pennington has a moderate risk of wildfire. There are 941 properties in Pennington that have some risk of being affected by wildfire over the next 30 years. This represents 83% of all properties in Pennington.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Pennington has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Pennington is most at risk from hurricanes. 1,122 properties in Pennington have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 90 mph.