Photo: ajay_suresh · CC BY 4.0242 homes sold in Princeton in the last year, at a typical $1.3M
About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Princeton homes are listed.
Every place Princeton homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Princeton.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
6% of Princeton’s sales are condos, at $839K less than a house
176 houses and 14 condos sold in the year to May 2026. Houses sell faster.
typical sale · 176 sold in 12 months
- Per square foot
- $556NJ $331
- Days to sell
- 50
- Sold over asking
- 51%
- Listings with a price cut
- 16%
typical sale · 14 sold in 12 months
- Per square foot
- $862NJ $450
- Days to sell
- 73
- Sold over asking
- 50%
- Listings with a price cut
- 29%
Multi-family (2–4 units): 4 sold, typical $1.9M
Townhouses: 48 sold, typical $982K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.6 times the 2016 price
242 sales in the last year, against 417 in 2021 and a low of 246 in 2024. The typical sale went from $838K in 2016 to $1.3M.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $1.3M buys in Princeton
Check a listing against what Princeton homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Princeton are more common than before the pandemic, but 54% fewer homes come up for sale
We read every month of Princeton’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 242 sales.
If you’re buying in Princeton
- Shop in March. It brings about 51 new listings a month, close to the busiest month, with fewer bidding wars (30% over asking).
- Some room to negotiate. 16% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 101.9% of the list price on average; 49% paid over.
- Move fast on good ones. 45% of homes are under contract within two weeks.
Spring brings the homes; summer brings the bidding wars
April has the most new listings (about 57 a month), but June is the most competitive: 44% of June sales close over asking. March offers nearly as much choice with fewer homes bid up (30%). February has the least competition (18%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like New Jersey as a whole
| Princeton now | 2017–19 | 2021 peak | NJ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 49% | 25% | 41% | 48% |
| Gone within two weeksShare of homes under contract within 14 days | 45% | 21% | 45% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 16% | 18% | 12% | 17% |
| Price paid vs. askingAverage sale price ÷ list price | 101.9% | 98% | 100.6% | 101.2% |
| Days to sellMedian days from listing to contract | 49 | 71 | 48 | 45 |
66 homes for sale on a typical day
That’s 1.2 times the 2023 low (57), 54% fewer than in 2017–19 and well under 2012’s 172.
1 in 6 listings has cut its price
16% in the last year, against 18% in 2017–19 and 17% across New Jersey.
Since 2019, houses are up 52%, condos 47%
A house typically sold for $1.5M in the last year (176 sales), a condo for $628K (14).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Princeton ranks 170th of 299 busy New Jersey markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Princeton is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Five things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 11.
Best time to buySchools
The schools grade for Princeton, from test results, graduation and how much students grow.
Schools in PrincetonTypical commute
The average one-way trip to work for people who live in Princeton.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Princeton Junction, Heathcote, Lawrenceville, Princeton Meadows, Monmouth Junction and Kendall Park sell for less a square foot
The busier markets within 25 miles of Princeton, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Princeton | 242 | $1.3M | $545 | 49% | 49 |
| Heathcote | 97 | $532K | $328 | 53% | 57 |
| Princeton Meadows | 96 | $553K | $362 | 30% | 72 |
| Monmouth Junction | 78 | $612K | $341 | 59% | 66 |
| Kendall Park | 72 | $695K | $361 | 58% | 68 |
| Lawrenceville | 47 | $484K | $295 | 49% | 37 |
| Princeton Junction | 33 | $785K | $457 | 58% | 44 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Princeton, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Princeton. People who follow the town see it, and so do people comparing Princeton with their own town. No commission, no listing fee.
Questions about buying a home in Princeton
What do homes sell for in Princeton, NJ?
242 homes sold in the year to May 2026 at a typical $1.3M, $545 a square foot. Houses sold for about $1.5M, condos for about $628K.
Is Princeton a buyer’s or seller’s market?
A balanced market: 82 homes were for sale in May 2026 and 17 sold, about 4.8 months of supply. Buyers paid 101.9% of asking on average, and 16% of listings cut their price.
When is the best time to buy in Princeton?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Princeton?
Zillow, Redfin, Realtor.com and Homes.com all carry Princeton’s MLS listings; the search links above open each one filtered to Princeton.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).