Princeton, IL Housing Market
The Princeton housing market is somewhat competitive. The median sale price of a home in Princeton was $164K last month, down 13.5% since last year. The median sale price per square foot in Princeton is $109, down 3.5% since last year.
Princeton Housing Market Trends
In October 2025, Princeton home prices were down 13.5% compared to last year, selling for a median price of $164K. On average, homes in Princeton sell after 48 days on the market compared to 53 days last year. There were 11 homes sold in October 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 4% below list price and go pending in around 42 days.
- Hot homescan sell for around list price and go pending in around 16 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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% below list price and go pending in around 27 days.
- Hot homescan sell for around list price and go pending in around 11 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 2% below list price and go pending in around 47 days.
- Hot homescan sell for about 2% above list price and go pending in around 27 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 | Aug '25 - Oct '25 | ||
| 1 | 1,092 | ||
| 2 | 828 | ||
| 3 | 644 | ||
| 4 | 608 | ||
| 5 | 587 | ||
| 6 | 272 | ||
| 7 | 272 | ||
| 8 | 252 | ||
| 9 | 248 | ||
| 10 | 210 | ||
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '25 - Oct '25 | ||
| 1 | 4,122 | ||
| 2 | 1,984 | ||
| 3 | 1,441 | ||
| 4 | 1,037 | ||
| 5 | 918 | ||
| 6 | 880 | ||
| 7 | 875 | ||
| 8 | 855 | ||
| 9 | 826 | ||
| 10 | 788 | ||
View houses in Princeton that sold recently
Recently sold homes
- $225,000 Last Sold Price3 beds3 baths1,722 sq ft465 Prouty Dr, Princeton, IL 61356List Price$235,000Sale to List4% under listDays on Market39 days465 Prouty Dr, Princeton, IL 61356
- $150,000 Last Sold Price3 beds1 bath864 sq ft127 N Beech St, Princeton, IL 61356List Price$159,900Sale to List6% under listDays on Market58 days127 N Beech St, Princeton, IL 61356
- $42,000 Last Sold Price2 beds1.5 baths954 sq ft210 N Church St, Princeton, IL 61356List Price$49,900Sale to List16% under listDays on Market52 days210 N Church St, Princeton, IL 61356
- $75,000 Last Sold Price2 beds1 bath1,094 sq ft702 N Vernon St, Princeton, IL 61356List Price$89,000Sale to List16% under listDays on Market27 days702 N Vernon St, Princeton, IL 61356
- $122,000 Last Sold Price2 beds1 bath1,202 sq ft9 S Randolph St, Princeton, IL 61356List Price$127,000Sale to List4% under listDays on Market42 days9 S Randolph St, Princeton, IL 61356
- $100,000 Last Sold Price—beds—baths—sq ft13200 2155 East St, Princeton, IL 61356List Price$120,000Sale to List17% under listDays on Market47 days13200 2155 East St, Princeton, IL 61356
- $260,000 Last Sold Price3 beds2 baths1,800 sq ft778 W Boyd Ave, Princeton, IL 61356List Price$250,000Sale to List4% over listDays on Market38 days778 W Boyd Ave, Princeton, IL 61356
- $235,000 Last Sold Price3 beds1.5 baths1,765 sq ft1428 S Church St, Princeton, IL 61356List Price$250,000Sale to List6% under listDays on Market59 days1428 S Church 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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