Princeton, IL Housing Market
The Princeton housing market is somewhat competitive. The median sale price of a home in Princeton was $166K last month, up 3.4% since last year. The median sale price per square foot in Princeton is $127, up 11.9% since last year.
Princeton Housing Market Trends
In February 2025, Princeton home prices were up 3.4% compared to last year, selling for a median price of $166K. On average, homes in Princeton sell after 72 days on the market compared to 88 days last year. There were 4 homes sold in February this year, up from 2 last year.

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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 4% below list price and go pending in around 53 days.
- Hot homescan sell for around list price and go pending in around 42 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 50 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 6 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 46 days.
- Hot homescan sell for around list price and go pending in around 36 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 Springfield.
- 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 | Dec '24 - Feb '25 | ||
1 | 1,018 | ||
2 | 825 | ||
3 | 682 | ||
4 | 638 | ||
5 | 604 | ||
6 | 340 | ||
7 | 301 | ||
8 | 292 | ||
9 | 282 | ||
10 | 273 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Dec '24 - Feb '25 | ||
1 | 2,000 | ||
2 | 1,179 | ||
3 | 1,104 | ||
4 | 999 | ||
5 | 910 | ||
6 | 882 | ||
7 | 882 | ||
8 | 865 | ||
9 | 838 | ||
10 | 715 |
View houses in Princeton that sold recently
Recently sold homes
- $92,000 Last Sold Price3 beds1 bath1,868 sq ft521 W Central Ave, Princeton, IL 61356List Price$99,000Sale to List7% under listDays on Market127 days521 W Central Ave, Princeton, IL 61356
- $347,000 Last Sold Price3 beds2.5 baths1,846 sq ft2332 E Amelia Dr, Princeton, IL 61356List Price$364,900Sale to List5% under listDays on Market182 days2332 E Amelia Dr, Princeton, IL 61356
- $50,000—beds—baths—sq ft215 N Randolph St, Princeton, IL 61356List Price—Sale to List—Days on Market—215 N Randolph St, Princeton, IL 61356
- $84,000 Last Sold Price3 beds1 bath864 sq ft440 Pombrook Dr, Princeton, IL 61356List Price$84,000Sale to List0% over listDays on Market27 days440 Pombrook Dr, Princeton, IL 61356
- $330,000—beds—baths—sq ftIndependence Dr, Princeton, IL 61356List Price—Sale to List—Days on Market—Independence Dr, Princeton, IL 61356
- $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
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

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Moderate
Heat Factor

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