Call or Text (240) SELL-123
Town & Country

PRINCETON, NJ 08540

Real Estate Market Report  ·  Mercer County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The PRINCETON, NJ real estate market (08540) currently shows 199 active listings, with 91 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 35 days on market compared to 31 days last year.

The median listing price has fallen 10.6% year-over-year, from $1,222,500 to $1,092,750.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PRINCETON, NJ 08540 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

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

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

Market Overview

Active Listings
199
⇩ 0.5% vs 200 last year
Pending
91
46% pending ratio
Median Price
$1,092,750
⇩ 10.6% vs $1,222,500 last year
Average Price
$1,550,338
⇩ 9.2% vs $1,708,165 last year
Days on Market
35
⇧ 12.9% vs 31 days last year

Price Per Square Foot

Median $/sqft
$430
⇧ 5.1% vs $409/sqft last year
Median Home Size
2,326 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 199 this year vs 200 last year
  • Days on market: 35 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $1,092,750 (-10.6% YoY)
  • Average: $1,550,338 (-9.2% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.7 miles — 534 listings ($467,666,494 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08540Princeton, NJ 085400.0 mi136$199,896,608$895,000$1,469,828
08553Rocky Hill, NJ 085532.6 mi1$755,000$755,000$755,000
08536Plainsboro, NJ 085364.3 mi47$36,704,039$696,500$780,937
08550Princeton Junction, NJ 085506.1 mi36$32,416,056$941,250$900,446
08648Lawrence Township, NJ 086486.5 mi58$35,299,670$452,450$608,615
08525Hopewell, NJ 085257.0 mi15$33,550,845$711,500$2,236,723
08512Cranbury, NJ 085127.5 mi39$42,425,682$782,500$1,087,838
08810Dayton, NJ 088108.4 mi15$11,826,000$578,100$788,400
08561Windsor, NJ 085619.0 mi1$649,900$649,900$649,900
08638Trenton, NJ 086389.4 mi62$22,075,410$357,500$356,055
08520Hightstown, NJ 0852010.0 mi68$36,171,852$488,725$531,939
08609Trenton, NJ 0860910.5 mi35$9,014,110$235,975$257,546
08629Trenton, NJ 0862910.7 mi21$6,881,322$293,250$327,682

Frequently Asked Questions

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

As of April 2026, there are 199 active listings in PRINCETON, NJ (zip code 08540), compared to 200 the prior year.

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

The median listing price in PRINCETON, NJ 08540 is $1,092,750 as of April 2026, a 10.6% decrease from $1,222,500 the prior year.

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

Homes in PRINCETON, NJ 08540 spend an average of 35 days on the market before going under contract, compared to 31 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 April 2026, PRINCETON, NJ 08540 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 35 days on market compared to 31 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 $21,855 compared to a typical 5% commission on the median listing price of $1,092,750. 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.