Princeton, NJ Home Values & Market Trends

Real estate market trends reflect that there have been 556 transactions over the past year in Princeton. The median value for residential home transactions that occurred over the previous year is $1,014,138. The number of current listings in Princeton is 731, and the percentage of properties for sale in the city is 731.00%. Princeton, NJ currently has 48 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 731 properties for sale.

Princeton, NJ Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
08540

$ 1,014,483

$ 423/sqft

08542

$ 1,202,636

$ 699/sqft

Housing Market Summary for Princeton, NJ

Oct 2025October 2026Change
Median Listing Price$975K$957.5K-1.80%
Median Sold Price$97,530$975.3K900.03%
Homes For Sale54674636.63%
Homes Sold511146-71.43%
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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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Browse Homes in Princeton, NJ

Princeton home values range from $133,510 to $6,995,000. The median estimated value of a home in Princeton is $1,014,138. The median list price of a home is 995,000, and the total count of properties in the city is 962.

Foreclosure
There are 2 zips within Princeton, NJ; within these zips, the median estimated home value for homes in foreclosure ranges from $788,779 in 08540 to the lowest value of $391,896 in 08540. Foreclosure homes account for 4.00% of properties in Princeton, NJ with 08540 containing 45 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 4.78% of all residential properties in Princeton, NJ with 08540 containing 43 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 $4,528,933 in 08542 to the lowest home value of $391,896 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 2 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 0.21% 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 $792,054 in 08540 to the lowest value of $732,889 in 08540.
Homes for Sale
Homes and properties that are actively listed for sale account for 75.99% of residential properties in Princeton, NJ with 08540 containing 692 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 $3,399,000 in 08542 to the lowest value of $133,510 in 08540.
    Sold Homes
    The median value for recently sold homes ranges from $2,197,259 in 08542 to the lowest price of $174,160 in 08542. There are 2 zips within Princeton, NJ. 08540 has 110 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 14.03% of properties in Princeton, NJ.

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      Guide for Princeton, NJ

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.