Princeton, MN Foreclosures
How much do homes sell for in Princeton, MN?
The average home price is currently $382,500.
In Princeton, MN, how many homes are available?
There are currently 44 active home listings available in Princeton.
What’s the average rental cost in Princeton, MN?
The average rental price in Princeton is $1,554.
What is the most expensive home in Princeton?
The most expensive home sold in Princeton had a price of $1,781,915.
What is currently the cheapest priced home in Princeton, MN?
The cheapest home for sale in Princeton is priced at $12,050.
Living in Princeton, MN
Princeton, MN is a charming small town that offers a family-friendly atmosphere with modern amenities. Known for its outdoor activities and community events, it provides a great quality of life for residents. Close to the Rum River and equipped with good schools, Princeton combines the best of rural living with easy access to urban conveniences.
Current Market Conditions in Princeton, MN
The real estate market in Princeton, MN, has shown steady growth over the past few months. Home prices are increasing due to a desirable lifestyle that combines quiet living with access to nature and community resources. There is an influx of families moving to the area, drawn by good schools and affordable housing options that make it attractive for first-time homebuyers.
Despite a slight uptick in inventory, homes in Princeton are selling quickly, often at or above list price. The demand for single-family homes remains strong, particularly those near schools and parks, which are high on buyers' priority lists. As a result, local real estate professionals are optimistic about continued growth in the market in the coming year.
Home Value Estimator For Princeton, MN
There are currently 5,755 real estate properties
in Princeton, MN,
with a median automated valuation model (AVM) price
of $365,207.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Princeton, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Princeton, MN,
is $382,500.00, with the most expensive house
in Princeton, MN, topping out
at $1,781,915.00 and the cheapest home
in Princeton, MN,
clocking in at $12,050.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Princeton, MN!
Rent Prices
In Princeton, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Princeton, MN, is on
a rollercoaster ride. The
average rent price in Princeton, MN,
is $1,554.00. Indeed, when looking to rent in
Princeton, MN, you can expect to pay as little
as $500.00 or as much
as $3,080.00,
with the average rent median estimated to
be $1,510.00. The good news is that finding
an affordable and desirable property to rent in Princeton, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
