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Featured local agent — Princeton, IA
Sarah Mitchell
Compass Real Estate · Princeton, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Princeton, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$424,900median sale price
How is the Princeton, IA housing market right now?
The median home sale price in Princeton, IA is $424,900. Homes sell in an average of 1 days with 2 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Princeton a buyer's or seller's market?
Princeton, IA is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 1 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
1
Fast-moving
Active listings
2
2.0 months supply
Sale-to-list
101.2%
Above asking
What does the Princeton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $424,900 |
| Median list price | $150,000 |
| Average days on market | 1 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 101.2% |
| Median price per sq ft | $259/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 50.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Princeton by property type?
How the Princeton, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $424,900 | $259/sq ft | 1 | 1 days |
| Townhouse | $165,000 | $124/sq ft | 1 | 75 days |
Source: Redfin · Updated monthly
The Princeton housing market is currently classified as a strong seller's market with a median sale price of $424,900. Prices have fallen 0.0% compared to last year, with homes spending an average of 1 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Princeton
There are currently 2 homes listed for sale in Princeton, Iowa. The median listing price is $150K.
Active listings
2
Homes on market
Median list price
$150K
Avg. days on market
1
Days until sale
New this week
1
Newly listed
Who lives in Princeton?
Population
875
Median income
$80,714/yr
Median age
47.5 years
Owner-occupied
79.1%
College grads
20.3%
Avg commute
24.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Princeton?
Zillow home value
$343,311
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Princeton?
Princeton is a community of approximately 1K residents with a median age of 47.5 years.The median household income is $80,714, which reflects a relatively affluent area with strong earning potential. 20.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 79.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Princeton offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Princeton?
1 schools tracked · 177 students
The largest public schools serving Princeton, IA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Virgil Grissom Elementary School
Grades PK-6 · 177 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Princeton, IA?
Want a head-to-head view? Compare Princeton side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Princeton?
The median home sale price in Princeton is $424,900, down 0.0% from last year.
How long do homes stay on market in Princeton?
Homes typically spend 1 days on market before going under contract.
What is the median income in Princeton?
The median household income is $80,714 per year.
Is Princeton a buyer's or seller's market?
With 2.0 months of supply, Princeton is currently a strong seller's market.
What is the Zillow home value estimate for Princeton?
The Zillow Home Value Index (ZHVI) for Princeton is $343,311, representing the typical home value in the area.
How much does a single-family home cost in Princeton?
The median single-family home price in Princeton, IA is $424,900 (about $259 per square foot).
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