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Town & Country

PRINCETON, NJ 08540

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

Market Analysis

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

The PRINCETON, NJ real estate market (08540) currently shows 161 active listings, with 65 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 41 days on market compared to 27 days last year.

The median listing price has fallen 28.1% year-over-year, from $1,250,000 to $898,475.

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 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
161
⇧ 4.5% vs 154 last year
Pending
65
40% pending ratio
Median Price
$898,475
⇩ 28.1% vs $1,250,000 last year
Average Price
$1,366,529
⇩ 21.1% vs $1,732,240 last year
Days on Market
41
⇧ 51.9% vs 27 days last year

Price Per Square Foot

Median $/sqft
$412
⇩ 6.8% vs $442/sqft last year
Median Home Size
2,154 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 161 this year vs 154 last year
  • Days on market: 41 now vs 27 last year

Median & Average Pricing

Year over Year
  • Median: $898,475 (-28.1% YoY)
  • Average: $1,366,529 (-21.1% 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 March 2026, there are 161 active listings in PRINCETON, NJ (zip code 08540), compared to 154 the prior year.

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

The median listing price in PRINCETON, NJ 08540 is $898,475 as of March 2026, a 28.1% decrease from $1,250,000 the prior year.

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

Homes in PRINCETON, NJ 08540 spend an average of 41 days on the market before going under contract, compared to 27 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 March 2026, PRINCETON, NJ 08540 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 41 days on market compared to 27 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 $17,970 compared to a typical 5% commission on the median listing price of $898,475. 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.