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Town & Country

PRINCETON, NJ 08540

Real Estate Market Report  ·  Mercer County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
125
⇧ 22.5% vs 102 last year
Pending
45
36% pending ratio
Median Price
$830,500
⇩ 40.7% vs $1,401,000 last year
Average Price
$1,464,925
⇩ 27.7% vs $2,025,092 last year
Days on Market
70
⇧ 2.9% vs 68 days last year

Market Context

Population: 48,513  ·  Density: 362.2/mi²  ·  Median household income: $161,018

Typical home value: $711,893  ·  Homeownership: 64.0%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The PRINCETON, NJ real estate market (08540) currently shows 125 active listings, with 45 pending sales. Homes are averaging 70 days on the market before going under contract.

Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 70 days on market compared to 68 days last year.

The median listing price has fallen 40.7% year-over-year, from $1,401,000 to $830,500.

Whether you are buying or selling in PRINCETON, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 125 this year vs 102 last year
  • Days on market: 70 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $830,500 (-40.7% YoY)
  • Average: $1,464,925 (-27.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.7 miles — 530 listings ($435,376,132 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08540Princeton, NJ 085400.0 mi125$183,115,625$830,500$1,464,925
08553Rocky Hill, NJ 085532.6 mi1$755,000$755,000$755,000
08536Plainsboro, NJ 085364.3 mi50$33,067,150$684,000$661,343
08550Princeton Junction, NJ 085506.1 mi41$35,183,412$915,000$858,132
08648Lawrence Township, NJ 086486.5 mi60$36,478,740$444,222$607,979
08525Hopewell, NJ 085257.0 mi13$27,894,100$725,000$2,145,700
08512Cranbury, NJ 085127.5 mi36$34,096,032$559,900$947,112
08810Dayton, NJ 088108.4 mi19$13,832,000$517,500$728,000
08561Windsor, NJ 085619.0 mi1$649,900$649,900$649,900
08638Trenton, NJ 086389.4 mi65$23,166,975$350,000$356,415
08520Hightstown, NJ 0852010.0 mi61$30,842,881$475,000$505,621
08609Trenton, NJ 0860910.5 mi33$8,883,567$247,400$269,199
08629Trenton, NJ 0862910.7 mi25$7,410,750$278,000$296,430

Frequently Asked Questions

How many homes are for sale in PRINCETON, NJ 08540?

As of January 2026, there are 125 active listings in PRINCETON, NJ (zip code 08540), compared to 102 the prior year.

What is the median home price in PRINCETON, NJ 08540?

The median listing price in PRINCETON, NJ 08540 is $830,500 as of January 2026, a 40.7% decrease from $1,401,000 the prior year.

How long do homes stay on the market in PRINCETON, NJ?

Homes in PRINCETON, NJ 08540 spend an average of 70 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in PRINCETON, NJ 08540?

Based on current inventory and days-on-market data as of January 2026, PRINCETON, NJ 08540 is currently a Buyer's Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 70 days on market compared to 68 days last year.

How much can I save on real estate commission in PRINCETON, NJ?

With SELL123.com's maximum 3% commission, sellers in PRINCETON, NJ 08540 save an estimated $16,610 compared to a typical 5% commission on the median listing price of $830,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.