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Princeton, NJ 08540 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Princeton, NJ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.15
ActiveActive listings: 6060PendingPending sales: 99
Princeton, NJ: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $717k$717kSoldMedian sold price (last 6 months): $950k$950k
What homes actually sell for in Princeton, NJ
Distribution of 313 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $635k to $1.37M
$398k to $724k: 89 sales89sales$398k$724k to $1.05M: 83 sales$1.05M to $1.37M: 49 sales$1.05M$1.37M to $1.7M: 20 sales$1.7M to $2.02M: 20 sales$1.7M$2.02M to $2.35M: 8 sales$2.35M to $2.67M: 9 sales$2.35M$2.67M to $3M: 4 salesMedian $950k

What the numbers say

As of October 26, 2026, Resideline is tracking 60 active listings and 9 pending sales in ZIP code 08540. That pending-to-active ratio of 0.15 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $717,000, while the median of the 313 closed sales Resideline tracked over the last six months was $950,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 08540 for 92 days.

Frequently asked questions

What is the median home price in 08540?

The median closed sale price in Princeton, NJ 08540 was $950,000 over the last six months, based on 313 closed sales tracked by Resideline. The middle half of those sales ranged from $635,000 to $1,370,000.

Is 08540 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 60 active listings in 08540, a pending-to-active ratio of 0.15. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 08540 is currently a faster-moving market.

Nearby ZIP code market data

Full Princeton, NJ housing market report →

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