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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Princeton is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Princeton was a Seller's Market.

Key Takeaway

Princeton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Princeton, KY

How much do homes in Princeton, KY cost?

Median Sold Price

$215,000

$139/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$40,000(+22.9%)

Key Takeaway

Homes in Princeton have sold for 22.9% more than they did a month ago.

Summary: The median home sold price in Princeton was $215,000 in October 2024, up 22.9% from last month, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$136K
N/A
3 $175K$255K
+45.7%
4 --
N/A
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 did not change, 3 bedroom homes increased by 45.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Princeton, KY

How many homes are available in Princeton, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2725-7.4%

Summary: The Princeton real estate market had 25 homes for sale in October 2024, a 7.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1713
-23.5%
4 57
+40.0%
5+ 00
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 remained the same, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 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. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Princeton in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Princeton, KY

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, KY

Nearby Markets to Princeton, KY