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ZIP 08540 in Princeton, NJ: housing market trends

The median home sale price in ZIP 08540 in Princeton, NJ was $994,708 for the three-month period ending September 2026. Sale prices were 13.9% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$994,708
three-month period ending September 2026
Median sale price per sq ft
$417.94
three-month period ending September 2026
Active listings
316
three-month period ending September 2026
Typical monthly rent
$3,503
Rent index · August 2026

How is housing inventory changing?

There were 316 active listings for the three-month period ending September 2026. Active listings were 4.3% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 54 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 08540 in Princeton, NJ
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$994,708$417.94136
Single-familySeptember 2026$1,099,723$445.60102
TownhousesSeptember 2026$813,001$372.9923
Condos / co-opsSeptember 2026$444,987$366.6611
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 08540 in Princeton, NJ
MarketMedian sale priceReporting period / source
Princeton, NJ$1,369,3483 months ending September 2026 · Redfin
Rocky Hill, NJ$929,5573 months ending September 2026 · Redfin
Plainsboro, NJUnavailableMonth ending unavailable date · Zillow
Monmouth Junction, NJ$662,6843 months ending September 2026 · Redfin
Skillman, NJ$684,6743 months ending September 2026 · Redfin
Hopewell, NJ$737,9383 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 08540 in Princeton, NJ
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$994,708$417.94316
August 2026$1,050,000$432.48340
July 2026$962,500$419.83354
June 2026$966,000$417.65353
May 2026$850,000$389.39308
April 2026$865,519$378.59263
March 2026$781,500$380.43219
February 2026$860,519$386.47203
January 2026$850,000$393.54222
December 2025$835,000$382.65239
November 2025$759,085$389.37264
October 2025$805,000$394.47285
September 2025$873,000$405.27303
August 2025$970,000$422.60317
July 2025$975,000$423.86330
June 2025$975,000$426.38349
May 2025$881,000$409.28316
April 2025$847,000$394.69282
March 2025$808,087$377.58225
February 2025$886,500$379.68189
January 2025$880,000$380.96180
December 2024$885,000$388.44190
November 2024$830,000$387.07214
October 2024$880,000$388.95245

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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