Home ValuePros

Market Intelligence · NJ / Princeton

Princeton, NJ 08540 Housing Market

The typical home value in Princeton, NJ 08540 is $995,135, up 2.4% over the past year. The median list price stands at $1,085,750, with homes spending 35 days on the market before sale.

Updated June 2026Median value$995K

The median home value in Princeton, NJ 08540 is $995K as of June 2026, up 2.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 08540 range

$916K to $1.07M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.4% over 12 months

Typical home value in 08540 over the last 12 months: $972K in Jun 2025 to $995K in Jun 2026 (+2.4%).

Jun 2025$972K

Jun 2026$995K

The numbers

What is the 08540 housing market like?

Typical home value

$995K

Up2.4%YoY

Median list price

$1.09M

Days on market

35

Down35.8%MoM

Homes for sale

137

Price cuts

8.8%

New listings

70

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 08540 home prices compare?

  • 08540$995,135
  • Princeton$961,259
  • New Jersey$583,133
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Princeton: 2 ZIPs; New Jersey: 547 ZIPs; United States: 26,270 ZIPs).

Context

Princeton's market shows moderate activity with 137 homes for sale and 70 new listings as of early June 2026. The median days on market of 35 suggests reasonable buyer interest, though 8.8% of listings have seen price cuts. The year-over-year appreciation of 2.4% reflects steady demand in this established community. For sellers, the modest inventory and consistent pricing trend indicate a balanced market where timing and condition matter.

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