Plainsboro, NJ—08536
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Plainsboro, NJ
As of Oct '25, the median home price in Plainsboro, NJ is $660,000, with a year-over-year change of 5.1%. This indicates that home prices in Plainsboro, NJ are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $660,000 | 5.1% |
| Single Family | $865,000 | 2.9% |
| Condos | $357,000 | 6.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $277,000 | 3.7% |
2 Bed | $394,000 | 3.7% |
3 Bed | $678,000 | 3.5% |
4 Bed | $1,016,000 | 3.0% |
| 5 Bed | $1,328,000 | 3.1% |
% of Housing Stock
Rental Trends — Plainsboro, NJ
As of July '25, Rentcast reports the average rent in Plainsboro, NJ is $2,580, with a year-over-year rent change of 15.2%. Per bedroom, the median rent as of July '25 in Plainsboro, NJ is studios: $1,820, 1-bedrooms: $2,060, 2-bedrooms: $2,480, 3-bedrooms: $3,780, 4-bedrooms: $5,460. The most common rental property sizes in Plainsboro, NJ are 1-bedroom and 2-bedroom, accounting for 45.8% and 37.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,260 | $2,580 |
| Studio Rent | $1,720 | $1,820 |
| 1 Bed Rent | $2,140 | $2,060 |
| 2 Bed Rent | $2,450 | $2,480 |
| 3 Bed Rent | $3,550 | $3,780 |
| 4 Bed Rent | $5,000 | $5,460 |
% of Rental Stock
Property Listings — Plainsboro, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Plainsboro, NJ is 55. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $697,000 | -9.0% |
Listing Count | 58 | 16.0% |
| Listings as % of Homes | 0.3% | 16.0% |
Days on Market | 55 | 12.0% |
Demographics — Plainsboro, NJ
As of the latest ACS Survey released in 2023, Plainsboro, NJ has a population of 20,600, which has increased by 3.9% over the past 5 years. Plainsboro, NJ is a moderately popular place for families, as children make up 23.2% of the population. The area has a highly educated workforce, with 79.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 32.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,600 | 3.9% |
% Under 18 | 23.2% | -11.5% |
% Seniors | 9.2% | 33.3% |
% WFH | 32.1% | 453.4% |
% w/ College Degree | 79.2% | 4.8% |
As of the latest ACS Survey released in 2023, Plainsboro, NJ is a predominantly asian area, with 60.0% of the population identifying as asian. The asian population has grown by 2.9% in the last 5 years. The second most common race or ethnicity in Plainsboro, NJ is white, making up 25.8% of the population. Foreign-born residents account for 51.3% of the population in Plainsboro, NJ, and this percentage has decreased by 0.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 25.8% | -14.9% |
% Black | 7.4% | 25.4% |
% Hispanic | 4.9% | 113.0% |
% Asian | 60.0% | 2.9% |
% Foreign Born | 51.3% | -0.4% |
Mortgage and Risk — Plainsboro, NJ
According to HUD data as of 2023, there were 227 mortgage originations in Plainsboro, NJ, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Plainsboro, NJ. Investor activity is low, as 5.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 227 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Plainsboro, NJ
As of 2024, the percent of homes in Plainsboro, NJ under the Section 8 program is 1.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Plainsboro, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 60 |
Total Units Section 8 | 60 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | 99.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$330 | $2,140 | $1,810 |
| 2 Bedroom | -$180 | $2,450 | $2,270 |
| 3 Bedroom | -$810 | $3,550 | $2,740 |
| 4 Bedroom | -$1,990 | $5,000 | $3,010 |
Affordability — Plainsboro, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $660,000 |
| Median Household Income | $128,000 |