08550 — Mercer County, New Jersey Market Snapshot
Housing market data for zip code 08550 in Mercer County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
30 sales in 2026 (year to date)
Median Sale Price
$920,000
Days to Sell
31
Homes Sold
30
Inventory
29
Sale-to-List
104.8%
New Listings
71
Price/SqFt
$391
Pending Sales
59
Jumbo Loan Likely Needed
The median home in 08550 at $920,000 exceeds the 2026 conforming loan limit of $832,750 by $87,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
08550's market is balanced with homes taking an average of 31 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes in 08550 are selling 4.8% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
The median home in 08550 at $920,000 exceeds the 2026 conforming loan limit of $832,750 by $87,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 08550 are set at the county level.
2026 Loan Limits — Mercer County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 08550
To purchase the median home at $920,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $7,199.
Monthly Payment
$7,199
Income Required
$308,518
Principal & Interest
$5,669/mo
Down Payment (5%)
$46,000
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 08550.
Estimated Monthly Payment
$5,844
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