Pennington borough: Median Home Value Trend
How Pennington borough's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$562,500
2023
$608,200
Total change
+$45,700
% change
+8.1%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $562,500 | — |
| 2019 | $564,000 | +$1,500 (0.3%) |
| 2020 | $553,100 | $10,900 (-1.9%) |
| 2021 | $541,700 | $11,400 (-2.1%) |
| 2022 | $563,000 | +$21,300 (3.9%) |
| 2023 | $608,200 | +$45,200 (8%) |