Is Princeton, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
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.
How much do homes in Princeton, NC cost?
Median Sold Price
$327,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
+$77,100(+30.9%)
Key Takeaway
Homes in Princeton have sold for 30.9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $157K | $141K | -10.2% |
| 3 Bedrooms | $257.4K | $292K | +13.4% |
| 4 Bedrooms | $230K | $365K | +58.7% |
| 5+ Bedrooms | $277K | $435K | +57.0% |
Median Sold Price Compared To Nearby Cities
| Princeton | $249.9K | $327K | +30.9% |
| Boon Hill Township | $236K | $300K | +27.1% |
How many homes are available in Princeton, NC?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 36 | 30 | -16.7% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 25 | 22 | -12.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Princeton, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.
How long does it take to sell a home in Princeton, NC?
How long does it take to sell a home in Princeton, NC?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 1 Day | 50 Days | +4992.3% |
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Princeton are selling fast, if you're buying plan to act quickly.
Copyright © 2023 Triangle MLS, Inc. of North Carolina. All rights reserved. 
The data relating to real estate for sale on this web site comes in part from the Longleaf Pine REALTORS®, Inc. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor Longleaf Pine REALTORS®, Inc. shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2023 Longleaf Pine REALTORS®, Inc. All rights reserved.