Market Intelligence · NJ / Princeton

Princeton, NJ 08542 Housing Market

The typical home in Princeton's 08542 ZIP code is valued at $927,383, up 4.1% over the past year. The median list price sits at $2,136,250, and homes are taking a median of 43 days on market as of 2026-06-01.

Updated June 2026Median value$927K

The median home value in Princeton, NJ 08542 is $927K as of June 2026, up 4.1% 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 08542 range

$853K to $1M

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

+4.1% over 12 months

Typical home value in 08542 over the last 12 months: $891K in Jun 2025 to $927K in Jun 2026 (+4.1%).

Jun 2025$891K

Jun 2026$927K

The numbers

What is the 08542 housing market like?

Typical home value

$927K

Up4.1%YoY

Median list price

$2.14M

Days on market

43

Down41.9%MoM

Homes for sale

7

Price cuts

0.0%

New listings

4

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

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The comparison

How do 08542 home prices compare?

  • 08542$927,383
  • 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

As of 2026-06-01, there are 7 homes for sale in 08542, with 4 new listings added recently. The median list price of $2,136,250 runs well above the typical home value of $927,383, which reflects the mix of properties currently listed. Homes take a median of 43 days to sell, and no listings have taken a price cut, at a 0.0% share. For a seller, this is a small market where accurate pricing matters more than volume.

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20% · $185,477

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