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Featured local agent — Princeton, TX
Sarah Mitchell
Compass Real Estate · Princeton, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Princeton, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$329,872median sale price
How is the Princeton, TX housing market right now?
The median home sale price in Princeton, TX is $329,872, down 8.5% year-over-year. Homes sell in an average of 66 days with 444 active listings. The market is currently a balanced 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, TX is currently a balanced market, based on 3.7 months of supply and homes selling in about 66 days. How we determine this →
Homes sold
119
Last 12 weeks
Days on market
66
Average pace
Active listings
444
3.7 months supply
Sale-to-list
97.7%
Below asking
What does the Princeton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $329,872 |
| Median list price | $324,900 |
| Year-over-year price change | -8.5% |
| Average days on market | 66 days |
| Active inventory | 444 listings |
| Months of supply | 3.7 months |
| Sale-to-list price ratio | 97.7% |
| Median price per sq ft | $158/sq ft |
| Homes sold (latest month) | 119 |
| New listings (latest month) | 111 |
| Listings with a price cut | 34.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Princeton by property type?
How the Princeton, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $329,872 | $158/sq ft | 119 | 66 days |
| Townhouse | $241,970 | $159/sq ft | 1 | 171 days |
Source: Redfin · Updated monthly
The Princeton housing market is currently classified as a balanced market with a median sale price of $329,872. Prices have fallen 8.5% compared to last year, with homes spending an average of 66 days on market, indicating 3.7 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 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Princeton
There are currently 444 homes listed for sale in Princeton, Texas. The median listing price is $325K.
Active listings
444
Homes on market
Median list price
$325K
Avg. days on market
66
Days until sale
New this week
111
Newly listed
Who lives in Princeton?
Population
20,966
Median income
$96,766/yr
Median age
32.9 years
Owner-occupied
80.0%
College grads
28.3%
Avg commute
33 min
Source: U.S. Census Bureau ACS
What are homes worth in Princeton?
Zillow home value
$290,139
Zillow rent index
$1,953/mo
Price-to-rent ratio
12.4x
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Princeton?
Princeton is a community of approximately 21K residents with a median age of 32.9 years.The median household income is $96,766, which reflects a relatively affluent area with strong earning potential. 28.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 33 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Princeton offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Princeton?
13 schools tracked · 8,069 students
The largest public schools serving Princeton, TX 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.
PRINCETON H S
Grades 9-12 · 1,741 students
SOUTHARD MIDDLE
Grades 6-8 · 809 students
LOWE EL
Grades PK-5 · 706 students
HARPER EL
Grades PK-5 · 696 students
SMITH EL
Grades PK-5 · 670 students
GODWIN EL
Grades PK-5 · 662 students
LACY EL
Grades PK-5 · 652 students
LOVELADY H S
Grades 9 · 637 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, TX?
Want a head-to-head view? Compare Princeton side-by-side with any other U.S. city using our market-comparison tool.
Is Princeton a good real estate investment market?
For investors evaluating Princeton, the price-to-rent ratio of 12.4x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 8.5% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Princeton's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Princeton's median home price.
Frequently asked questions
What is the average home price in Princeton?
The median home sale price in Princeton is $329,872, down 8.5% from last year.
How long do homes stay on market in Princeton?
Homes typically spend 66 days on market before going under contract.
What is the median income in Princeton?
The median household income is $96,766 per year.
Is Princeton a buyer's or seller's market?
With 3.7 months of supply, Princeton is currently a balanced market.
What is the Zillow home value estimate for Princeton?
The Zillow Home Value Index (ZHVI) for Princeton is $290,139, 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, TX is $329,872 (about $158 per square foot).
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