Is Princeton, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Princeton is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Princeton has remained a Seller's Market.

Key Takeaway

Princeton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Princeton, IN

How much do homes in Princeton, IN cost?

Median Sold Price

$263,500

$117/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$103,250(+64.4%)

Key Takeaway

Homes in Princeton have sold for 64.4% more than they did a month ago.

Summary: The median home sold price in Princeton was $263,500 in October 2024, up 64.4% from last month, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$74.5K
N/A
2 $111K$145K
+30.6%
3 $197.5K$289K
+46.3%
4 $142.5K$292.9K
+105.5%
5+ --
N/A

Summary: Princeton housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.6%, 3 bedroom homes increased by 46.3%, 4 bedroom homes increased by 105.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Princeton
+64.4%
Patoka Township
+38.3%

Housing Supply in Princeton, IN

How many homes are available in Princeton, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5761+7.0%

Summary: The Princeton real estate market had 61 homes for sale in October 2024, a 7.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1420
+42.9%
3 2625
-3.8%
4 1312
-7.7%
5+ 22
0.0%

Summary: The Princeton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1814-22.2%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Princeton, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Princeton in October 2024, down by 22.2% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.

Days on Market for Princeton, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Princeton, IN

Nearby Markets to Princeton, IN

What housing markets are near Princeton, IN?