Princeton, NJ Housing Market
The Princeton housing market is somewhat competitive. Homes in Princeton receive 9 offers on average and sell in around 31 days. The median sale price of a home in Princeton was $830K last month, down 9.29% since last year. The median sale price per square foot in Princeton is $452, up 1.6% since last year.
Princeton Housing Market Trends
In April 2024, Princeton home prices were down 9.29% compared to last year, selling for a median price of $830K. On average, homes in Princeton sell after 31 days on the market compared to 70 days last year. There were 16 homes sold in April this year, up from 13 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Princeton housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 4% above list price and go pending in around 35 days.
- Hot homescan sell for about 11% above list price and go pending in around 17 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for about 3% above list price and go pending in around 41 days.
- Hot homescan sell for about 9% above list price and go pending in around 17 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for about 5% above list price and go pending in around 16 days.
- Hot homescan sell for about 9% above list price and go pending in around 10 days.
Princeton Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Princeton from outside metros.
- Peoria homebuyers searched to move into Princeton more than any other metro followed by Walla Walla and Lincoln.
- 69% of Princeton homebuyers searched to stay within the Princeton metropolitan area.
- Miami was the most popular destination among Princeton homebuyers followed by Philadelphia and Washington.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 5 | ||
2 | 5 | ||
3 | 3 | ||
4 | 1 | ||
5 | 1 | ||
6 | 1 | ||
7 | 0 | ||
8 | 0 | ||
9 | 0 | ||
10 | 0 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 6,427 | ||
2 | 4,068 | ||
3 | 3,393 | ||
4 | 3,037 | ||
5 | 2,791 | ||
6 | 2,083 | ||
7 | 1,825 | ||
8 | 1,664 | ||
9 | 1,615 | ||
10 | 1,436 |
Home offer insights for Princeton
Recent offers
View houses in Princeton that sold recently
Recently sold homes
- $1,613,000 Last Sold Price5 beds3 baths3,104 sq ft174 Bertrand Dr, Princeton, NJ 08540(609) 921-1411List Price$1,450,000Sale to List11% over listDays on Market79 days174 Bertrand Dr, Princeton, NJ 08540
- $3,210,000 Last Sold Price6 beds7 baths7,052 sq ft28 Audubon Ln, Princeton, NJ 08540(609) 924-1600List Price$3,295,000Sale to List3% under listDays on Market110 days28 Audubon Ln, Princeton, NJ 08540
- $1,750,000 Last Sold Price4 beds4 baths—sq ft25 Brearly Rd, Princeton, NJ 08540(609) 921-1050List Price$1,750,000Sale to List0% over listDays on Market42 days25 Brearly Rd, Princeton, NJ 08540
- $3,025,000 Last Sold Price5 beds4 baths—sq ft34 Allison Rd, Princeton, NJ 08540(609) 921-1050List Price$2,975,000Sale to List2% over listDays on Market46 days34 Allison Rd, Princeton, NJ 08540
- $701,100 Last Sold Price3 beds2.5 baths—sq ft76 Castleton Rd, Princeton, NJ 08540(609) 921-1050List Price$630,000Sale to List11% over listDays on Market92 days76 Castleton Rd, Princeton, NJ 08540
- $1,700,000 Last Sold Price4 beds2.5 baths2,601 sq ft69 Balsam Ln, Princeton, NJ 08540(609) 924-5353List Price$1,599,000Sale to List6% over listDays on Market41 days69 Balsam Ln, Princeton, NJ 08540
- $700,000 Last Sold Price3 beds2.5 baths1,500 sq ft60A Lafayette Ct, Princeton, NJ 08540(609) 710-2021List Price$599,000Sale to List17% over listDays on Market233 days60A Lafayette Ct, Princeton, NJ 08540
- $325,000 Last Sold Price1 bed1 bath986 sq ft2420 Windrow Dr, Princeton, NJ 08540(609) 520-3700List Price$365,000Sale to List11% under listDays on Market183 days2420 Windrow Dr, Princeton, NJ 08540
See all recently sold homes in Princeton.
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Schools in Princeton
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Riverside Elementary School Public • PreK-5 | 289 Students | 4 reviews |
8/10 Community Park Elementary School Public • PreK-5 | 332 Students | 13 reviews |
8/10 Littlebrook School Public • PreK-5 | 342 Students | 6 reviews |
7/10 Johnson Park School Public • PreK-5 | 329 Students | 6 reviews |
3/10 Maurice Hawk Elementary School Public • PreK-3 | 723 Students | 8 reviews |
Climate's impact on Princeton housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Princeton.
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Wind likelihood over time
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Transportation in Princeton
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