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Princeton Meadows, NJ
Full City Profile · New Jersey · Mercer County County
3.6
/5.0
B+
Good
15,382
Population
6,032/sq mi density
$124,065
Median Income
$67,897 per capita
$636,300
Home Value
$681,974 Zillow
$1,937
Median Rent
23.8% income on rent
53°F
Avg Temperature
275 sunny days/yr
125
Violent Crime/100K
1,144 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$124,065 median income, 3.9% unemployment
B+
Affordability
3.8 / 5.0
$636,300 home value, $1,937/mo rent
F
Safety
1.0 / 5.0
125 violent crimes/100K
A+
Education
5.0 / 5.0
76.3% bachelor's degree or higher
Housing Overview
Median Home Value
$636,300
126% above
US avg: $281,900
Median Rent
$1,937/mo
67% above
US avg: $1,163/mo
Homeownership Rate
38.8%
41% below US avg (65.4%)
Total Housing Units
6,452
Median year built: 1986
Home Value by Source
Census Median
$636,300
Zillow (ZHVI)
$681,974
Median Sale Price
$865,500
Median List Price
$424,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
38.8%
Owner-Occupied
61.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$1,937/mo
Market Indicators (Redfin)
Median Days on Market
142 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
4.2%
of listings with price reduction
Price Per Sq Ft
$393
Active Inventory
24
homes for sale
Affordability & Housing Stock
Rent Burden
23.8%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
38.8%
Complete Housing Data
Home Values
| Census Median Value | $636,300 |
| Zillow Home Value (ZHVI) | $681,974 |
| Median Sale Price | $865,500 |
| Median List Price | $424,900 |
| Price Per Sq Ft | $393 |
Rent
| Census Median Rent | $1,937 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 142 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 4.2% |
| Homes Sold | 4 |
| Active Inventory | 24 |
| Price Per Sq Ft | $393 |
Ownership & Stock
| Owner-Occupied | 38.8% |
| Renter-Occupied | 61.2% |
| Homeownership Rate | 38.8% |
| Total Housing Units | 6,452 |
| Median Year Built | 1986 |
| Rent Burden | 23.8% |