Princeton, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 599 transactions over the past year in Princeton. The median value for residential home transactions that occurred over the previous year is $1,011,842.15. The number of current listings in Princeton is 715, and the percentage of properties for sale in the city is 94.20%. Princeton, NJ currently has 44 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 715 properties for sale.

Princeton, NJ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
08540

$ 1,045,869

$ 417/sqft

08542

$ 931,878

$ 711/sqft

Housing Market Summary for Princeton, NJ

Jul 2025July 2026Change
Median Listing Price$945K$967.2K2.35%
Median Sold Price$151.5K$967.2K538.41%
Homes For Sale315837165.71%
Homes Sold565166-70.62%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Recently Sold Homes

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Browse Homes in Princeton, NJ

Princeton home values range from $82,403 to $7,492,746. The median estimated value of a home in Princeton is $1,011,842.15. The median list price of a home is 997,000, and the total count of properties in the city is 14,631.

Foreclosure
There are 2 zips within Princeton, NJ; within these zips, the median estimated home value for homes in foreclosure ranges from $3,287,870 in 08540 to the lowest value of $402,429 in 08540. Foreclosure homes account for 0.00% of properties in Princeton, NJ with 08540 containing 41 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.27% of all residential properties in Princeton, NJ with 08540 containing 37 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Princeton, NJ; of those zips, the estimated home value for pre-foreclosure homes ranges from $3,287,870 in 08540 to the lowest home value of $402,429 in 08540.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Princeton, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Princeton, NJ. There are 2 zips within Princeton, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    08540 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Princeton, NJ. Auction homes and other auction properties account for 0.03% of all properties in Princeton, NJ. There are 2 zips within Princeton, NJ; of those zips, the median estimated home value for homes going to auction ranges from $1,753,214 in 08540 to the lowest value of $749,953 in 08540.
Homes for Sale
Homes and properties that are actively listed for sale account for 4.89% of residential properties in Princeton, NJ with 08540 containing 674 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Princeton, NJ; homes for sale in those zips, have a range of median values from $6,995,000 in 08540 to the lowest value of $132,119 in 08540.
    Sold Homes
    The median value for recently sold homes ranges from $3,800,517 in 08540 to the lowest price of $111,600 in 08540. There are 2 zips within Princeton, NJ. 08540 has 137 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.09% of properties in Princeton, NJ.

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