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PRINCETON, NJ 08542

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

Market Overview

Active Listings
6
⇩ 33.3% vs 9 last year
Pending
3
50% pending ratio
Median Price
$2,625,000
⇧ 191.7% vs $899,999 last year
Average Price
$2,162,250
⇧ 35.2% vs $1,599,600 last year
Days on Market
200
⇧ 143.9% vs 82 days last year

Market Context

Population: 2,595  ·  Density: 2,600.3/mi²  ·  Median household income: $157,336

Typical home value: $717,375  ·  Homeownership: 45.0%

Market Analysis

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

The PRINCETON, NJ real estate market (08542) currently shows 6 active listings, with 3 pending sales. Homes are averaging 200 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 200 days on market compared to 82 days last year.

The median listing price has risen 191.7% year-over-year, from $899,999 to $2,625,000.

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: 6 this year vs 9 last year
  • Days on market: 200 now vs 82 last year

Median & Average Pricing

Year over Year
  • Median: $2,625,000 (+191.7% YoY)
  • Average: $2,162,250 (+35.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.5 miles — 479 listings ($295,577,138 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08542Princeton, NJ 085420.0 mi6$12,973,500$2,625,000$2,162,250
08553Rocky Hill, NJ 085533.3 mi1$755,000$755,000$755,000
08558Skillman, NJ 085584.6 mi20$24,786,280$840,000$1,239,314
08648Lawrence Township, NJ 086485.8 mi60$36,478,740$444,222$607,979
08852Monmouth Junction, NJ 088526.6 mi44$37,123,240$619,000$843,710
08534Pennington, NJ 085347.2 mi46$45,365,660$648,340$986,210
08512Cranbury, NJ 085127.5 mi36$34,096,032$559,900$947,112
08619Trenton, NJ 086198.0 mi56$24,680,936$425,000$440,731
08638Trenton, NJ 086388.7 mi65$23,166,975$350,000$356,415
08690Trenton, NJ 086908.9 mi60$28,820,640$457,450$480,344
08609Trenton, NJ 086099.8 mi33$8,883,567$247,400$269,199
08629Trenton, NJ 0862910.0 mi25$7,410,750$278,000$296,430
08628Trenton, NJ 0862810.5 mi27$11,035,818$369,950$408,734

Frequently Asked Questions

How many homes are for sale in PRINCETON, NJ 08542?

As of January 2026, there are 6 active listings in PRINCETON, NJ (zip code 08542), compared to 9 the prior year.

What is the median home price in PRINCETON, NJ 08542?

The median listing price in PRINCETON, NJ 08542 is $2,625,000 as of January 2026, a 191.7% increase from $899,999 the prior year.

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

Homes in PRINCETON, NJ 08542 spend an average of 200 days on the market before going under contract, compared to 82 days the prior year.

Is it a seller's or buyer's market in PRINCETON, NJ 08542?

Based on current inventory and days-on-market data as of January 2026, PRINCETON, NJ 08542 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 200 days on market compared to 82 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 08542 save an estimated $52,500 compared to a typical 5% commission on the median listing price of $2,625,000. 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.