Princeton Junction, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 54 transactions over the past year in Princeton Junction. The median value for residential home transactions that occurred over the previous year is $957,096. The number of current listings in Princeton Junction is 7, and the percentage of properties for sale in the city is 7.00%. Princeton Junction, NJ currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 7 properties for sale.
Princeton Junction, NJ Real Estate Market Overview
Zip | Median Est. Value |
---|---|
08550 | $ 711,500 $ 330/sqft |
Housing Market Summary for Princeton Junction, NJ
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $439K | $914.4K | 108.29% |
Median Sold Price | $825K | $914.4K | 10.84% |
Homes For Sale | 4 | 5 | 25.00% |
Homes Sold | 29 | 35 | 20.69% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Princeton Junction, NJ
Browse Homes in Princeton Junction, NJ
Princeton Junction home values range from $166,900 to $1,376,000. The median estimated value of a home in Princeton Junction is $957,096. The median list price of a home is 575,000, and the total count of properties in the city is 1,892.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Princeton Junction, NJ with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Princeton Junction, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Princeton Junction, 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 Junction, NJ. There is 1 zips within Princeton Junction, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Princeton Junction, NJ. Auction homes and other auction properties account for 0% of all properties in Princeton Junction, NJ. There is 1 zips within Princeton Junction, NJ; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for Princeton Junction, NJ
Guide for Princeton Junction, NJ
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.
The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.
The Tucson real estate market has witnessed significant growth trends, with average property values reaching $367,000 as of February 2024. This growth offers equity gain opportunities to investors despite the market’s competitive nature. Additionally, neighboring cities present varied property value and market activity scenarios, offering homebuyers a range of options.
This blog post discusses the dynamic real estate trends in Bakersfield, noting fluctuations in property values, sale prices, and activity levels. It also highlights differences in nearby cities, showcasing diverse market conditions shaped by localized factors and broader economic trends.