Princeton, IL Housing Market
The Princeton housing market is somewhat competitive. The median sale price of a home in Princeton was $240K last month, up 150.7% since last year. The median sale price per square foot in Princeton is $92, up 47.2% since last year.
Princeton Housing Market Trends
In January 2025, Princeton home prices were up 150.7% compared to last year, selling for a median price of $240K. On average, homes in Princeton sell after 120 days on the market compared to 60 days last year. There were 5 homes sold in January this year, down from 6 last year.
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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 6 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 55 days.
- Hot homescan sell for around list price and go pending in around 43 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 about 2% below list price and go pending in around 49 days.
- Hot homescan sell for about 2% above list price and go pending in around 39 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 9 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 43 days.
- Hot homescan sell for about 2% above list price and go pending in around 31 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 New York and St. Louis.
- 85% of Princeton homebuyers searched to stay within the Princeton metropolitan area.
- Cape Coral was the most popular destination among Princeton homebuyers followed by Sarasota and Phoenix.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Nov '24 - Jan '25 | ||
1 | 1,030 | ||
2 | 867 | ||
3 | 769 | ||
4 | 633 | ||
5 | 604 | ||
6 | 342 | ||
7 | 302 | ||
8 | 268 | ||
9 | 236 | ||
10 | 233 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Nov '24 - Jan '25 | ||
1 | 1,776 | ||
2 | 1,017 | ||
3 | 961 | ||
4 | 889 | ||
5 | 842 | ||
6 | 827 | ||
7 | 732 | ||
8 | 671 | ||
9 | 663 | ||
10 | 639 |
View houses in Princeton that sold recently
Recently sold homes
- $330,000 Last Sold Price3 beds2.5 baths2,249 sq ft716 Independence Dr, Princeton, IL 61356List Price$357,500Sale to List8% under listDays on Market104 days716 Independence Dr, Princeton, IL 61356
- $360,000 Last Sold Price5 beds4.5 baths3,500 sq ft13336 Lovers Lane Rd, Princeton, IL 61356List Price$370,000Sale to List3% under listDays on Market118 days13336 Lovers Lane Rd, Princeton, IL 61356
- $215,000 Last Sold Price4 beds2 baths1,792 sq ft778 Mayfair Dr, Princeton, IL 61356List Price$215,000Sale to List0% over listDays on Market88 days778 Mayfair Dr, Princeton, IL 61356
- $369,500 Last Sold Price2 beds2 baths1,670 sq ft1025 S Sixth St #1, Princeton, IL 61356List Price$369,500Sale to List0% over listDays on Market84 days1025 S Sixth St #1, Princeton, IL 61356
- $110,000—beds—baths—sq ft103 N Church St, Princeton, IL 61356List Price—Sale to List—Days on Market—103 N Church St, Princeton, IL 61356
- $117,000 Last Sold Price3 beds1 bath864 sq ft16 N 1st St, Princeton, IL 61356List Price$130,000Sale to List10% under listDays on Market64 days16 N 1st St, Princeton, IL 61356
- $225,000—beds—baths—sq ft1715 Deerfield Rd, Princeton, IL 61356List Price—Sale to List—Days on Market—1715 Deerfield Rd, Princeton, IL 61356
- $100,000—beds—baths—sq ft25580 US Highway 6, Princeton, IL 61356List Price—Sale to List—Days on Market—25580 US Highway 6, 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 | 203 Students | 1 reviews |
3/10 Logan Junior High School Public • 5-8 | 433 Students | 8 reviews |
NR Jefferson Elementary School Public • K-3 | 221 Students | 1 reviews |
NR Douglas Elementary School Public • PreK-K | 202 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
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Fire Factor - Moderate
Fire Factor
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Wind Factor - Minor
Wind Factor
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Heat Factor - Moderate
Heat Factor
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