Is Princeton, LA 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, LA

How much do homes in Princeton, LA cost?

Median Sold Price

$202,475

$160/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$72,475(+55.8%)

Key Takeaway

Homes in Princeton have sold for 55.8% more than they did a month ago.

Summary: The median home sold price in Princeton was $202,475 in April 2024, up 55.8% from last month, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$202.4K
N/A
4 $130K-
N/A
5+ --
N/A

Summary: Princeton housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Princeton, LA

How many homes are available in Princeton, LA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
43-25.0%

Summary: The Princeton real estate market had 3 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Princeton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Princeton, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Princeton in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Princeton, LA

How long does it take to sell a home in Princeton, LA?

Average Sale Time

Mar 2024Apr 2024CHANGE
264 Days1 Day-99.6%

Summary: Homes in Princeton had an average of 1 days on market in Apr 2024, down by 99.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Princeton are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Princeton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 9 Days Ago

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