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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Princeton is a neutral's market

Buyer's
Market

Difference Since August 2021

At the same time last year, Princeton was a Seller's Market.

Key Takeaway

Princeton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Princeton, MA cost?

Median Sold Price

$545,000

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$97,500(+21.8%)

Key Takeaway

Homes in Princeton have sold for 21.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 --
N/A
2 $329K$385K
+17.0%
3 $445K$495K
+11.2%
4 $506K$671K
+32.6%
5+ $665K$858.5K
+29.1%

Median Sold Price Compared To Nearby Cities

Princeton
+21.8%
Hubbardston
+16.8%
Jefferson
+14.7%
Westminster
+11.3%
Sterling
+5.6%

How many homes are available in Princeton, MA?

Number of Homes For Sale

Jul 2022Aug 2022%
1012+20.0%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 23
+50.0%
5+ 12
+100.0%

Number of Homes Sold

Jul 2022Aug 2022%
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
42 Days17 Days-58.7%

Breakdown of Home Sale Times

2 Homes Were 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.

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

About Princeton, MA

Princeton, MA has 12 homes for sale to choose from. The number of listings in Princeton, MA increased by 20% between July 2022 and August 2022. While the average time on the market in August 2022 was 17 days, the median list price was $545,000. Real estate listing prices changed between July 2022 and August 2022: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 17%, prices of 3 bedrooms properties went up by 11.2%, prices of 4 bedrooms properties went up by 32.6%, 5 bedrooms properties became 29.1% more expensive. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes have not changed, number of 3 bedrooms homes remained the same, number of 4 bedrooms homes increased by 50%, the quantity of 5 bedrooms homes went up by 100%. Over 0 listings were sold over their listed price in August 2022 in Princeton, MA. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price.

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