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Princeton, NJ 08540 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Princeton, NJ inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.20
ActiveActive listings: 5656PendingPending sales: 1111
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): $720k$720kSoldMedian sold price (last 6 months): $935k$935k
What homes actually sell for in Princeton, NJ
Distribution of 336 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $610k to $1.35M
$385k to $712k: 98 sales98sales$385k$712k to $1.04M: 87 sales$1.04M to $1.37M: 53 sales$1.04M$1.37M to $1.69M: 19 sales$1.69M to $2.02M: 24 sales$1.69M$2.02M to $2.35M: 9 sales$2.35M to $2.67M: 9 sales$2.35M$2.67M to $3M: 4 salesMedian $935k

What the numbers say

As of October 5, 2026, Resideline is tracking 56 active listings and 11 pending sales in ZIP code 08540. That pending-to-active ratio of 0.20 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $720,000, while the median of the 336 closed sales Resideline tracked over the last six months was $935,000. 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 81 days.

Frequently asked questions

What is the median home price in 08540?

The median closed sale price in Princeton, NJ 08540 was $935,000 over the last six months, based on 336 closed sales tracked by Resideline. The middle half of those sales ranged from $610,000 to $1,350,000.

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

Resideline is currently tracking 11 pending sales against 56 active listings in 08540, a pending-to-active ratio of 0.20. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 08540 currently looks like a balanced market.

Nearby ZIP code market data

Full Princeton, NJ housing market report →

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