The housing market in Princeton Junction, NJ (08550) is currently quite robust. The median value of homes is $804,900, significantly higher than the US median of $338,100. Furthermore, the appreciation of homes has been much stronger in this area compared to the rest of country; over the past year appreciation has been 16.62%, more than double the 8.27% seen nationally. It's clear that demand for housing in Princeton Junction remains high and that investing in property here could yield great returns over time.
The median home cost in Princeton Junction (zip 08550) is $804,900. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Princeton Junction (zip 08550) is up 18.4%.
Average Age of Homes
- The median age of Princeton Junction (zip 08550) real estate is 29 years old
The Rental Market in Princeton Junction (zip 08550)
- Renters make up 15.5% of the Princeton Junction (zip 08550) population
- 0.0% of houses and apartments in Princeton Junction (zip 08550), 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.