Cities with the most expensive homes in the Trenton metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Trenton metro area using data from . Charts show the monthly typical home value since January 2018. All 6 cities and towns with data available were included in the list.

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1 / 6

#6. Trenton, NJ

- Typical home value: $348,502
- 1-year price change: -1.7%
- 5-year price change: +38.1%

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2 / 6

#5. Lawrence Township, NJ

- Typical home value: $465,727
- 1-year price change: +1.2%
- 5-year price change: +31.3%

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3 / 6

#4. Hightstown, NJ

- Typical home value: $469,772
- 1-year price change: +4.2%
- 5-year price change: +41.7%

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4 / 6

#3. East Windsor Township, NJ

- Typical home value: $473,135
- 1-year price change: -0.1%
- 5-year price change: +33.6%

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5 / 6

#2. Pennington, NJ

- Typical home value: $679,975
- 1-year price change: +1.5%
- 5-year price change: +30.8%

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6 / 6

#1. Princeton, NJ

- Typical home value: $970,831
- 1-year price change: +3.3%
- 5-year price change: +37.0%

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