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Median Home Price in Princeton, NJ

The median home value in Princeton, NJ is $987,049 as of 2026-06-30, up 2.52% from a year earlier.

Median Home Value

$987,049

Year-over-Year

+2.52%

Population

30,838

Princeton ranks #32 of 184 New Jersey cities tracked here by median home value, and sits 60.6% above the state's city median of $614,590. It sits in Mercer County, where the county-wide median is $453,317.

Crime in Princeton

Princeton police recorded a violent crime rate of 49 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 717 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Princeton

How much does a house cost in Princeton, NJ?

The median home value in Princeton is $987,049. That's up 2.52% from a year earlier. That is about 60.6% above the typical county in New Jersey.

Is Princeton expensive compared to the surrounding area?

Homes in Princeton are more expensive than Mercer County as a whole, where the median is $453,317 — a difference of about 117.7%.

Is Princeton a safe place to live?

Princeton police reported 49 violent crimes per 100,000 residents, covering a population of about 30,838. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.