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Housing in Princeton Junction

A typical Princeton Junction home is worth roughly $909,000

The median sale price was $920,000 in May 2026.

Typical home value
$909K
▲ 4.3% in a year · NJ $454K
Estimate
Median sale price
$920K
May 2026 · Redfin
Homes sold
3
in May · 4 for sale
2-bedroom rent
$2,780
a month, utilities in · HUD
Median tax bill
$10,001
NJ $9,590

Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Princeton Junction?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 4 years of income

Less than across New Jersey (4.4 years). Try your own numbers below.

You could afford about
$818,000
Typical Princeton Junction home $909K

That’s $91K short of a typical Princeton Junction home.

The typical home, each month
$5,840
Loan $4,500Tax $1,070Insurance $270

A two-bedroom rents for about $2,780 a month here, $3,060 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Princeton Junction’s typical property tax (1.41% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 54% in 5 years

The federal house price index for the ZIP codes around Princeton Junction rose 54% over the past 5 years, slower than across New Jersey (63%). Last year prices rose 4.3%. Carrying the Census median home value forward with that index puts the typical Princeton Junction home at roughly $909,000 today.

Princeton Junction areaNew Jersey
0%+50%+100%+150%+200%200020052010201520202025
+4.3%
past year
+54%
past 5 years
+66%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $909K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Princeton Junction, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $2,780

Renters already here pay a median of $1,661, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,930
1 bedroom$2,200
2 bedrooms$2,780
3 bedrooms$3,330
4 bedrooms$3,790
18%
of households rent · NJ 36%
128
renter households
34%
of renters spend 30%+ of income on rent · NJ 52%
15%
of the median income, for a two-bedroom
$1,661
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

82% of Princeton Junction households own their home

Half of Princeton Junction’s homes were built before 1975.

Owners and renters
Own 82%Rent 18%

New Jersey: 64% own.

1975
typical home built · NJ 1970
$10,001
median property tax bill · NJ $9,590
1.41%
of a home’s value, a year in tax · NJ 2.11%
11%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Princeton Junction vs. its neighbors

Princeton Junction is the priciest of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Princeton Junction$909K*+4.3%†$2,780—$224,732
Plainsboro$683K*+10.9%†$2,51026$131,638
West Windsor$776K*+5%†$2,850464$197,190

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Princeton Junction buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Princeton Junction still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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