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Featured local agent — Princeton Junction, NJ
Sarah Mitchell
Compass Real Estate · Princeton Junction, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Princeton Junction, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$920,000median sale price
How is the Princeton Junction, NJ housing market right now?
The median home sale price in Princeton Junction, NJ is $920,000, down 1.8% year-over-year. Homes sell in an average of 11 days with 4 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Princeton Junction a buyer's or seller's market?
Princeton Junction, NJ is currently a strong seller's market, based on 1.3 months of supply and homes selling in about 11 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
11
Fast-moving
Active listings
4
1.3 months supply
Sale-to-list
111.6%
Above asking
What does the Princeton Junction housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $920,000 |
| Median list price | $707,000 |
| Year-over-year price change | -1.8% |
| Average days on market | 11 days |
| Active inventory | 4 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 111.6% |
| Median price per sq ft | $435/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 4 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Princeton Junction by property type?
How the Princeton Junction, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $920,000 | $435/sq ft | 3 | 11 days |
| Condo / Co-op | $699,990 | $511/sq ft | 1 | 60 days |
| Townhouse | $785,000 | $475/sq ft | 1 | 89 days |
Source: Redfin · Updated monthly
The Princeton Junction housing market is currently classified as a strong seller's market with a median sale price of $920,000. Prices have fallen 1.8% compared to last year, with homes spending an average of 11 days on market, indicating 1.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.7x provides context for how home values compare to local earning capacity.
Homes for sale in Princeton Junction
There are currently 4 homes listed for sale in Princeton Junction, New Jersey. The median listing price is $707K.
Active listings
4
Homes on market
Median list price
$707K
Avg. days on market
11
Days until sale
New this week
4
Newly listed
Who lives in Princeton Junction?
Population
1,842
Median income
$219,375/yr
Median age
50.3 years
Owner-occupied
79.7%
College grads
79.5%
Avg commute
31.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Princeton Junction?
Zillow home value
$1.02M
Price-to-income
4.7x
Source: Zillow Research
What is it like to live in Princeton Junction?
Princeton Junction is a community of approximately 2K residents with a median age of 50.3 years.The median household income is $219,375, which reflects a relatively affluent area with strong earning potential. 79.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 79.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Princeton Junction offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Princeton Junction, NJ?
Want a head-to-head view? Compare Princeton Junction side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Princeton Junction?
The median home sale price in Princeton Junction is $920,000, down 1.8% from last year.
How long do homes stay on market in Princeton Junction?
Homes typically spend 11 days on market before going under contract.
What is the median income in Princeton Junction?
The median household income is $219,375 per year.
Is Princeton Junction a buyer's or seller's market?
With 1.3 months of supply, Princeton Junction is currently a strong seller's market.
What is the Zillow home value estimate for Princeton Junction?
The Zillow Home Value Index (ZHVI) for Princeton Junction is $1.02M, representing the typical home value in the area.
What is the median condo price in Princeton Junction?
The median condo/co-op sale price in Princeton Junction, NJ is $699,990, compared to $920,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Princeton Junction?
The median single-family home price in Princeton Junction, NJ is $920,000 (about $435 per square foot).
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