The housing market in Princeton, IA is thriving, with a median value of $265,300. This is significantly lower than the US House Median Value of $338,100, however it has experienced a higher rate of appreciation over the past year at 11.21%, compared to the average 8.27% across the nation. This positive trend suggests that this small town offers great potential for buyers looking for value and a strong return on investment in the housing market.
The median home cost in Princeton is $265,300. Home appreciation the last 10 years has been 54.0%. Home Appreciation in Princeton is up 12.8%.
Average Age of Homes
- The median age of Princeton real estate is 41 years old
The Rental Market in Princeton
- Renters make up 5.3% of the Princeton population
- 2.4% of houses and apartments in Princeton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.