The median sale price of a home in Pennington-Prospect was $242K last month, up 64.1% since last year. The median sale price per square foot in Pennington-Prospect is $213, up 432.5% since last year.
What is the housing market like in Pennington-Prospect today?
In March 2024, Pennington-Prospect home prices were up 64.1% compared to last year, selling for a median price of $242K. On average, homes in Pennington-Prospect sell after 153 days on the market compared to 78 days last year. There were 3 homes sold in March this year, down from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$242,000
+64.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Pennington-Prospect, NJ
$242,000
+64.1%
United States
To compare other locations to the Pennington-Prospect and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Trenton add value to a home.
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How hot is the Pennington-Prospect housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
101.5%
+3.4 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Pennington-Prospect, NJ
101.5%
+3.4 pt
United States
Home offer insights for Pennington-Prospect
Explore recent offers and recently sold homes in Pennington-Prospect
Recent offers
View houses in Pennington-Prospect that sold recently
Learn about schools in the Pennington-Prospect area
Elementary
Middle
High
GreatSchools Rating
3/10
Gregory Elementary School
Public • K-5
567
Students
1 reviews
2/10
Parkway Elementary School
Public • PreK-5
409
Students
5 reviews
NR
Stokes Elementary School
Public • N/A
179
Students
N/A
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-Prospect housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Pennington-Prospect.
Risk Factor
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Pennington-Prospect has a minor risk of flooding. 32 properties in Pennington-Prospect are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Pennington-Prospect. Flood risk is increasing faster than the national average.
39% of properties are at risk of wildfire over the next 30 years
Fire Factor
Pennington-Prospect has a minor risk of wildfire. There are 400 properties in Pennington-Prospect that have some risk of being affected by wildfire over the next 30 years. This represents 39% of all properties in Pennington-Prospect.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Pennington-Prospect has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Pennington-Prospect is most at risk from hurricanes. 1,018 properties in Pennington-Prospect 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 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 88 mph.
97% of properties are at major
risk of heat over the next 30 years
Heat Factor
Pennington-Prospect has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 97% of homes in Pennington-Prospect have a Major Heat Factor®.
Pennington-Prospect is expected to see a 114% increase in the number of days over 102ºF over the next 30 years. Pennington-Prospect is expected to experience 7