Princeton, IL Housing Market
The Princeton housing market is somewhat competitive. The median sale price of a home in Princeton was $180K last month, up 5.8% since last year. The median sale price per square foot in Princeton is $117, up 6.4% since last year.
Princeton Housing Market Trends
In June 2025, Princeton home prices were up 5.8% compared to last year, selling for a median price of $180K. On average, homes in Princeton sell after 57 days on the market compared to 51 days last year. There were 7 homes sold in June this year, down from 9 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Princeton housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 49 days.
- Hot homescan sell for around list price and go pending in around 36 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 54 days.
- Hot homescan sell for about 3% above list price and go pending in around 31 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 44 days.
- Hot homescan sell for about 3% above list price and go pending in around 26 days.
Princeton Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Princeton from outside metros.
- Peoria homebuyers searched to move into Princeton more than any other metro followed by Rockford and New York.
- 84% of Princeton homebuyers searched to stay within the Princeton metropolitan area.
- Cape Coral was the most popular destination among Princeton homebuyers followed by Phoenix and Sarasota.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 1,034 | ||
2 | 992 | ||
3 | 916 | ||
4 | 738 | ||
5 | 732 | ||
6 | 452 | ||
7 | 447 | ||
8 | 431 | ||
9 | 290 | ||
10 | 249 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '25 - Apr '25 | ||
1 | 1,949 | ||
2 | 1,618 | ||
3 | 1,171 | ||
4 | 1,145 | ||
5 | 1,076 | ||
6 | 1,038 | ||
7 | 1,016 | ||
8 | 1,005 | ||
9 | 922 | ||
10 | 785 |
View houses in Princeton that sold recently
Recently sold homes
- $255,000 Last Sold Price3 beds2 baths1,700 sq ft940 Sunshine Dr, Princeton, IL 61356List Price$269,000Sale to List5% under listDays on Market93 days940 Sunshine Dr, Princeton, IL 61356
- $79,000 Last Sold Price2 beds1 bath840 sq ft220 First St N, Princeton, IL 61356List Price$84,000Sale to List6% under listDays on Market44 days220 First St N, Princeton, IL 61356
- $160,000 Last Sold Price4 beds2 baths1,540 sq ft426 W Putnam St, Princeton, IL 61356List Price$166,500Sale to List4% under listDays on Market64 days426 W Putnam St, Princeton, IL 61356
- $255,000 Last Sold Price2 beds2.5 baths1,700 sq ft245 N Linn St, Princeton, IL 61356List Price$259,900Sale to List2% under listDays on Market47 days245 N Linn St, Princeton, IL 61356
- $231,000 Last Sold Price3 beds1 bath1,440 sq ft20763 2215 East St, Princeton, IL 61356List Price$240,000Sale to List4% under listDays on Market226 days20763 2215 East St, Princeton, IL 61356
- $172,500 Last Sold Price2 beds2 baths1,452 sq ft116 N Beech St, Princeton, IL 61356List Price$172,500Sale to List0% over listDays on Market50 days116 N Beech St, Princeton, IL 61356
- $151,800 Last Sold Price3 beds1 bath1,298 sq ft520 W Crown St, Princeton, IL 61356List Price$144,800Sale to List5% over listDays on Market152 days520 W Crown St, Princeton, IL 61356
- $265,000 Last Sold Price3 beds3 baths2,152 sq ft854 King's Cv, Princeton, IL 61356List Price$265,000Sale to List0% over listDays on Market46 days854 King's Cv, Princeton, IL 61356
See all recently sold homes in Princeton.
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Schools in Princeton
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Lincoln Elementary School Public • 3-4 | 218 Students | 1 reviews |
3/10 Logan Junior High School Public • 5-8 | 424 Students | 8 reviews |
NR Jefferson Elementary School Public • K-3 | 205 Students | 1 reviews |
NR Douglas Elementary School Public • PreK-K | 221 Students | N/A |
Climate's impact on Princeton housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Princeton.
Flood Factor - Moderate
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Moderate
Heat Factor

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