The Disappearing $1M Home in Princeton
In 2000, over 200 single-family homes in Princeton sold for under $1 million.
In 2025, just 33.
This isn’t just price appreciation — it’s a long-term supply shift. Fewer entry-level single-family homes are trading hands, and new construction has not kept pace with ownership demand.
Multifamily development continues, but it does not replace opportunities for buyers trying to enter the equity ladder.
If you want to understand how Princeton’s affordability dynamics have changed over the past 25 years, this chart tells the story clearly.
