Princeton, IL Housing Market
The Princeton housing market is somewhat competitive. The median sale price of a home in Princeton was $225K last month, up 87.5% since last year. The median sale price per square foot in Princeton is $122, up 25.8% since last year.
Princeton Housing Market Trends
In November 2025, Princeton home prices were up 87.5% compared to last year, selling for a median price of $225K. On average, homes in Princeton sell after 39 days on the market compared to 60 days last year. There were 9 homes sold in November this year, up from 7 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 5% below list price and go pending in around 42 days.
- Hot homescan sell for about 1% below list price and go pending in around 33 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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% below list price and go pending in around 37 days.
- Hot homescan sell for about 1% above list price and go pending in around 12 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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 52 days.
- Hot homescan sell for about 1% above list price and go pending in around 37 days.
Princeton Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Princeton from outside metros.
- Rockford homebuyers searched to move into Princeton more than any other metro followed by Peoria and Springfield.
- 82% of Princeton homebuyers searched to stay within the Princeton metropolitan area.
- Phoenix was the most popular destination among Princeton homebuyers followed by Milwaukee and Cape Coral.
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '25 - Nov '25 | ||
| 1 | 1,242 | ||
| 2 | 797 | ||
| 3 | 705 | ||
| 4 | 632 | ||
| 5 | 617 | ||
| 6 | 416 | ||
| 7 | 374 | ||
| 8 | 312 | ||
| 9 | 278 | ||
| 10 | 229 | ||
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '25 - Nov '25 | ||
| 1 | 4,434 | ||
| 2 | 1,912 | ||
| 3 | 1,449 | ||
| 4 | 943 | ||
| 5 | 877 | ||
| 6 | 823 | ||
| 7 | 821 | ||
| 8 | 713 | ||
| 9 | 700 | ||
| 10 | 669 | ||
View houses in Princeton that sold recently
Recently sold homes
- $223,200 Last Sold Price3 beds2 baths1,799 sq ft815 W Hudson St, Princeton, IL 61356List Price$230,000Sale to List3% under listDays on Market50 days815 W Hudson St, Princeton, IL 61356
- $118,500 Last Sold Price2 beds1 bath845 sq ft120 W Marquette St, Princeton, IL 61356List Price$115,000Sale to List3% over listDays on Market35 days120 W Marquette St, Princeton, IL 61356
- $105,000 Last Sold Price3 beds2 baths1,656 sq ft432 S 1st St, Princeton, IL 61356List Price$110,000Sale to List5% under listDays on Market40 days432 S 1st St, Princeton, IL 61356
- $178,000 Last Sold Price3 beds1.5 baths1,586 sq ft15 S Vernon St, Princeton, IL 61356List Price$195,000Sale to List9% under listDays on Market45 days15 S Vernon St, Princeton, IL 61356
- $155,000 Last Sold Price2 beds1.5 baths2,149 sq ft625 S 5th Avenue Dr, Princeton, IL 61356List Price$160,000Sale to List3% under listDays on Market83 days625 S 5th Avenue Dr, Princeton, IL 61356
- $220,000 Last Sold Price4 beds3 baths2,428 sq ft836 Park Ave W, Princeton, IL 61356List Price$250,000Sale to List12% under listDays on Market34 days836 Park Ave W, Princeton, IL 61356
- $100,000 Last Sold Price2 beds1 bath1,296 sq ft810 W Railroad Ave, Princeton, IL 61356List Price$114,950Sale to List13% under listDays on Market251 days810 W Railroad Ave, Princeton, IL 61356
- $178,900 Last Sold Price2 beds2 baths1,504 sq ft507 S 9th St, Princeton, IL 61356List Price$178,900Sale to List0% over listDays on Market31 days507 S 9th St, 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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