Housing in Princeton, MN

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$229,900

Median List Price

$270,000

Price Per Sq Ft

$151

Days on Market

43

Active Inventory

9

Months of Supply

3.0

Seller's market

Zillow Home Value

$355,787

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 20.6%List Price 0.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

95.5%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
22.2%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

3

Pending Sales

3

Homes Sold 25.0%New Listings 50.0%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$151

Median List $/SF

$148

Sale $/SF 21.4%List $/SF 3.5%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

$212,200

Median Rent

$953

Total Housing Units

2,134

Vacancy Rate

1.9%

Owner Occupied

57.7%

Renter Occupied

42.3%

Median Property Tax

$2,562

per year

Monthly Cost (w/ Mortgage)

$1,213

Housing Types

Single Family
65.8%
Multi-Family
30.2%
Mobile Home
3.9%

The current median sale price in Princeton, MN is $229,900 according to Redfin data. Homes spend a median of 43 days on the market. 0.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $151. The median rent is $953 per month (Census ACS). About 57.7% of housing units are owner-occupied. The median year homes were built is 1976. There are 2,134 total housing units.