Market Intelligence · NJ / Princeton

Princeton, NJ 08542 Housing Market

In Princeton 08542, the typical home value is $903,683, up 4.9% over the past year. The median list price is $2,625,000, and homes have a median of 35 days on market. Inventory is thin, with 5 homes for sale.

Updated August 2026Median value$904K

The median home value in Princeton, NJ 08542 is $904K as of August 2026, up 4.9% 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

$831K to $976K

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

+4.9% over 12 months

Typical home value in 08542 over the last 12 months: $862K in Aug 2025 to $904K in Aug 2026 (+4.9%).

Aug 2025$862K

Aug 2026$904K

The numbers

What is the 08542 housing market like?

Typical home value

$904K

Up4.9%YoY

Median list price

$2.63M

Up13.6%MoM

Days on market

35

Up25.0%MoM

Homes for sale

5

Down16.7%MoM

Price cuts

0.0%

New listings

4

Up100.0%MoM

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

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The comparison

How do 08542 home prices compare?

  • 08542$903,683
  • Princeton$941,758
  • New Jersey$576,681
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Princeton: 2 ZIPs; New Jersey: 547 ZIPs; United States: 26,265 ZIPs).

Context

The market in Princeton 08542 is small right now: 5 homes are for sale and 4 are new listings. A median of 35 days on market points to a measured pace rather than instant bidding. The median list price, $2,625,000, sits well above the typical value of $903,683, so the active set may skew toward larger or higher-end homes. Values are still up 4.9% over the past year, and 0.0% of listings show a price cut. For a seller, the practical read is to price from recent comparable sales, not from the asking prices of a few visible listings.

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20% · $180,737

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