The housing in Princeton Junction, NJ is quite expensive compared to the national median value of $338,100. However, the median value for homes in Princeton Junction has appreciated significantly over the last year, with values increasing by 16.62% - well above the national average appreciation rate of 8.27%. This trend of higher than average appreciation could be indicative of a growing demand and an increasingly attractive market for residential buyers in Princeton Junction.
The median home cost in Princeton Junction is $765,100. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Princeton Junction is up 18.4%.
Average Age of Homes
- The median age of Princeton Junction real estate is 47 years old
The Rental Market in Princeton Junction
- Renters make up 26.1% of the Princeton Junction population
- 0.0% of houses and apartments in Princeton Junction, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.