Housing in Princeton, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$157,000

Median List Price

$294,950

Price Per Sq Ft

$82

Days on Market

72

Active Inventory

19

Months of Supply

9.5

Buyer's market

Zillow Home Value

$163,209

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 8.5%List Price 103.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

98.2%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
33.3%
Listings with Price Drops
21.1%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

6

Pending Sales

6

Homes Sold 75.0%New Listings 14.3%Pending 40.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$82

Median List $/SF

$105

Sale $/SF 6.8%List $/SF 19.3%Mar 24Jan 26

Princeton vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Princeton is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$131,300

Median Rent

$739

Total Housing Units

3,746

Vacancy Rate

8.1%

Owner Occupied

71.4%

Renter Occupied

28.6%

Median Property Tax

$2,489

per year

Monthly Cost (w/ Mortgage)

$929

Housing Types

Single Family
75.0%
Multi-Family
21.0%
Mobile Home
4.0%

The current median sale price in Princeton, IL is $157,000 according to Redfin data. Homes spend a median of 72 days on the market. 0.0% of homes sold above asking price. The market has 9.5 months of supply. The median price per square foot is $82. The median rent is $739 per month (Census ACS). About 71.4% of housing units are owner-occupied. The median year homes were built is 1963. There are 3,746 total housing units.