Princeton, MN Home Values & Market Trends

Real estate market trends reflect that there have been 253 transactions over the past year in Princeton. The median value for residential home transactions that occurred over the previous year is $341,801.58. The number of current listings in Princeton is 14, and the percentage of properties for sale in the city is 14.00%. Princeton, MN currently has 13 properties in foreclosure, 0 bank owned properties, 13 properties headed for auction, and 14 properties for sale.

Princeton, MN Real Estate Market Overview

ZipMedian Est. Value
55371

$ 352,400

$ 167/sqft

Housing Market Summary for Princeton, MN

Apr 2023March 2024Change
Median Listing Price$324.9K$327.4K0.77%
Median Sold Price$320K$327.4K2.31%
Homes For Sale111536.36%
Homes Sold10515547.62%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Princeton, MN

Princeton home values range from $22,097 to $1,336,459. The median estimated value of a home in Princeton is $341,801.58. The median list price of a home is 352,400, and the total count of properties in the city is 5,881.

Foreclosure
There is 1 zips within Princeton, MN; within this zips, the median estimated home value for homes in foreclosure ranges from $580,624 in 55371 to the lowest value of $175,065 in 55371. Foreclosure homes account for 0.00% of properties in Princeton, MN with 55371 containing 13 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Princeton, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Princeton, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Princeton, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Princeton, MN. There is 1 zips within Princeton, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    55371 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Princeton, MN. Auction homes and other auction properties account for 0.22% of all properties in Princeton, MN. There is 1 zips within Princeton, MN; of that zips, the median estimated home value for homes going to auction ranges from $580,624 in 55371 to the lowest value of $175,065 in 55371.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.24% of residential properties in Princeton, MN with 55371 containing 14 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Princeton, MN; homes for sale in that zips, have a range of median values from $486,595 in 55371 to the lowest value of $224,534 in 55371.
    Sold Homes
    The median value for recently sold homes ranges from $1,031,655 in 55371 to the lowest price of $23,452 in 55371. There is 1 zips within Princeton, MN. 55371 has 141 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.40% of properties in Princeton, MN.

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      Guide for Princeton, MN

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
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      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Recently Listed Homes Princeton, MN

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