Home ValuePros
Talk to a Pro

Market Intelligence · NJ / Mercer County

Princeton, NJ home prices and housing market

2 ZIP markets liveData updated September 2026Typical value$931K1-yr changeUp3.9%

The typical home value in Princeton, NJ is $931K as of September 2026, up 3.9% from a year ago, based on the Zillow Home Value Index. In the typical Princeton ZIP code, the median list price is $1.38M and homes spend a median of 48 days on market as of September 2026 (Realtor.com).

Get a cash offer

Sell without the wait

Sell your Princeton home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

The coverage

Princeton, by the numbers.

Typical home valueZillow ZHVI, September 2026
$931K
1-yr changeMedian across Princeton ZIPs
+3.9%
ZIP markets live4 tracked in Princeton
2
County
Mercer County

Need cash home buyers on your timeline? Sell my house fast in Princeton.

12-month value trend

+3.9% over 12 months

Typical home value in Princeton over the last 12 months: $895K in Sep 2025 to $931K in Sep 2026 (+3.9%).

Sep 2025$895K

Sep 2026$931K

Median Zillow home value index across Princeton's ZIP codes.

Context

Princeton's housing market shows steady growth, with typical home values reaching $930,635 as of September 2026, up 3.9% over the past year. There are 159 homes currently for sale, with a median list price of $1,381,000. New listings are coming in at a steady pace, with 46 added recently. Homes are spending a median of 48 days on the market before selling, and only 4.8% of listings have received price cuts. For homeowners considering a sale, the data suggests a market with solid buyer interest and relatively stable pricing, though you should assess your specific property against current conditions.

The numbers

What is the housing market like in Princeton, NJ?

Typical home value

$931K

Up3.9%YoY

Median list price

$1.38M

Days on market

48

Homes for sale

159

Price cuts

4.8%

New listings

46

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Princeton's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Princeton, NJ home prices over time

Typical home values in Princeton, NJ are up 3.9% over the past year, from $895K in September 2025 to $931K in September 2026.

Typical home value in Princeton, NJ, September of each year
MonthTypical value1-yr change
September 2026$930,635+3.9%
September 2025$895,304No prior year

Typical value is the median Zillow Home Value Index across Princeton ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Princeton, NJ a buyer's or seller's market?

Princeton, NJ is roughly balanced between buyers and sellers.

The signals are mixed: relatively few listings have cut their asking price, but homes for sale are building up relative to new listings, so pricing and condition matter more than market direction.

Based on a median of 48 days on market and 5% of listings with a price cut in the typical Princeton ZIP code, and 46 new listings against 159 active listings across Princeton, as of September 2026 (Realtor.com).

The outlook

Princeton housing market forecast 2027

+0.1%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 2 Princeton ZIP codes, points to typical home values holding roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in Princeton rose 3.9%, per the Zillow Home Value Index.

Will home prices drop in Princeton?

Not by much, on the forecasts: a weighted average of Zillow's ZIP forecasts for Princeton shows typical home values holding roughly flat by September 2027 (up 0.1%), after a 3.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 2 Princeton ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

Free home value report

See what your Princeton home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

Live markets

What ZIP codes are live in Princeton?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 4 Princeton ZIP codes in total; the remaining 2 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

Free local consultation

Talk to a licensed pro in Princeton.

A licensed local professional will walk through your numbers and your selling options, free and with no obligation.

Prefer to start online? See your value and cash offer instead.

Common questions

Questions about Princeton, NJ home prices.

What is the typical home value in Princeton?

As of September 2026, the typical home value in Princeton is $930,635, which is up 3.9% over the past year.

How many homes are currently for sale in Princeton?

There are 159 homes for sale in Princeton as of September 2026, with 46 new listings added recently.

How long do homes typically stay on the market in Princeton?

The median time a home spends on the market in Princeton is 48 days, with a median list price of $1,381,000.

Are home prices going up or down in Princeton, NJ?

Typical home values in Princeton, NJ are up 3.9% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Princeton, NJ a buyer's or seller's market?

Princeton, NJ is roughly balanced between buyers and sellers. The signals are mixed: relatively few listings have cut their asking price, but homes for sale are building up relative to new listings, so pricing and condition matter more than market direction. Based on a median of 48 days on market and 5% of listings with a price cut in the typical Princeton ZIP code, and 46 new listings against 159 active listings across Princeton, as of September 2026 (Realtor.com).

Nearby markets

More New Jersey housing markets.

The market is moving

Latest housing news

All news