$3,859 Closing Credit*
$325,000
2,657 SqFt
4 Beds
•4 Baths
#100481857, Listing Office: RE/MAX Southland Realty II
Is Princeton, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 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, NC
How much do homes in Princeton, NC cost?
Median Sold Price
$320,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$1,000(-0.3%)
Key Takeaway
The sold price of homes in Princeton has remained the same since last year.
Summary: The median home sold price in Princeton was $320,000 in December 2024, down 0.3% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $278.2K | $219.9K | -20.9% |
| 3 Bedrooms | $299.9K | $319.9K | +6.7% |
| 4 Bedrooms | $365K | $390K | +6.8% |
| 5+ Bedrooms | - | $400K | N/A |
Summary: Princeton housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.9%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Boon Hill Township | $300K | $319.7K | +6.6% |
| Princeton | $321K | $320K | -0.3% |
Housing Supply in Princeton, NC
How many homes are available in Princeton, NC?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 60 | 46 | -23.3% |
Summary: The Princeton real estate market had 46 homes for sale in December 2024, a 23.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 42 | 32 | -23.8% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Princeton housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 14 | 3 | -78.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Princeton, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Princeton in December 2024, down by 78.6% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Princeton, NC
How long does it take to sell a home in Princeton, NC?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 84 Days | 34 Days | -59.1% |
Summary: Homes in Princeton had an average of 34 days on market in Dec 2024, down by 59.1% compared to last year.
Breakdown of Home Sale Times
2 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 December 2024, 3 homes were sold in Princeton; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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