Princeton, NJ housing market
The typical Princeton home is worth about $971,000, up 3.3% in a year, 67% above the New Jersey typical home. Homes typically sell in 52 days, a little above asking.
Home values, sales, trends and how Princeton compares with the towns next door — updated as new data is published.
Princeton at a glance
A balanced market
About 4.8 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Princeton | New Jersey |
|---|---|---|
| 2017 | $612,000 | $317,000 |
| 2018 | $640,000 | $330,000 |
| 2019 | $651,000 | $343,000 |
| 2020 | $640,000 | $358,000 |
| 2021 | $666,000 | $394,000 |
| 2022 | $731,000 | $441,000 |
| 2023 | $784,000 | $471,000 |
| 2024 | $856,000 | $511,000 |
| 2025 | $928,000 | $551,000 |
| 2026 | $953,000 | $568,000 |
| August 2026 | $971,000 | $580,000 |
Princeton and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Princeton | $971K | +3.3% | 52 | $192,079 |
| Lawrence | $466K | +1.2% | — | $130,142 |
5.1 years of income
The typical Princeton home costs about 5.1 years of the town's median household income, less than across New Jersey (5.6 years).
How Princeton ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Recent listings in Princeton
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.