$8,905 Closing Credit*
$749,900
2,712 SqFt
4 Beds
•2 Full Baths, 1 Partial
#73312764, Laurie Kraemer, Listing Office: OPEN DOOR Real Estate
Is Princeton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 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, MA
How much do homes in Princeton, MA cost?
Median Sold Price
$618,000
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,000(+2.1%)
Key Takeaway
Homes in Princeton have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Princeton was $618,000 in October 2024, up 2.1% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $462.5K | $442.5K | -4.3% |
| 3 Bedrooms | $580K | $557.5K | -3.9% |
| 4 Bedrooms | $700K | $755K | +7.9% |
| 5+ Bedrooms | $825K | - | N/A |
Summary: Princeton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Sterling | $510.4K | $600K | +17.5% |
| Hubbardston | $398.2K | $445K | +11.7% |
| Jefferson | $407.5K | $441K | +8.2% |
| Princeton | $605K | $618K | +2.1% |
| Westminster | $549.5K | $502.5K | -8.6% |
Housing Supply in Princeton, MA
How many homes are available in Princeton, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The Princeton real estate market had 16 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 0 | 0 | 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Princeton, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Princeton in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Princeton, MA
How long does it take to sell a home in Princeton, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 20 Days | +2.3% |
Summary: Homes in Princeton had an average of 20 days on market in Oct 2024, up by 2.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Princeton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Princeton; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
