Housing in Princeton, NJ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,040,000

Median List Price

$1,250,000

Price Per Sq Ft

$455

Days on Market

78

Active Inventory

43

Months of Supply

2.9

Seller's market

Zillow Home Value

$939,418

ZHVI — January 2026

Zillow Rent Index

$3,188

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 1.4%List Price 10.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

40.0%

Off Market in 2 Weeks

38.5%

Sale-to-List Ratio

100.2%

Seller's market

Sold Above Asking
40.0%
Under Contract in 2 Wks
38.5%
Listings with Price Drops
4.7%

Market Activity

Source: Redfin

Homes Sold

15

New Listings

19

Pending Sales

13

Homes Sold 7.1%New Listings 48.6%Pending 53.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$455

Median List $/SF

$581

Sale $/SF 3.0%List $/SF 24.1%Mar 24Jan 26

Princeton vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Princeton is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$1,040,400

Median Rent

$2,448

Total Housing Units

9,737

Vacancy Rate

7.5%

Owner Occupied

56.0%

Renter Occupied

44.0%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$3,443

Housing Types

Single Family
71.2%
Multi-Family
28.7%
Mobile Home
0.0%

The current median sale price in Princeton, NJ is $1,040,000 according to Redfin data. Homes spend a median of 78 days on the market. 40.0% of homes sold above asking price. The market has 2.9 months of supply. The median price per square foot is $455. Zillow's observed rent index is $3,188/month. About 56.0% of housing units are owner-occupied. The median year homes were built is 1965. There are 9,737 total housing units.