Princeton, KY—42445
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Princeton, KY
Princeton, KY lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $133,000 | 1.2% |
| Single Family | $133,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $92,000 | -3.2% |
3 Bed | $164,000 | 1.2% |
4 Bed | $211,000 | 1.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Princeton, KY
Princeton, KY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Princeton, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Princeton, KY is 72. This is a decrease of -8.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $176,000 | 3.0% |
Listing Count | 42 | 36.0% |
| Listings as % of Homes | 0.5% | 36.0% |
Days on Market | 72 | -8.0% |
Demographics — Princeton, KY
As of the latest ACS Survey released in 2023, Princeton, KY has a population of 10,400, which has decreased by -3.5% over the past 5 years. Princeton, KY is a moderately popular place for families, as children make up 22.3% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,400 | -3.5% |
% Under 18 | 22.3% | -1.3% |
% Seniors | 22.6% | 10.2% |
% WFH | 7.5% | 257.1% |
% w/ College Degree | 16.9% | 2.4% |
As of the latest ACS Survey released in 2023, Princeton, KY is a predominantly white area, with 88.0% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Princeton, KY is black, making up 5.9% of the population. Foreign-born residents account for 2.5% of the population in Princeton, KY, and this percentage has increased by 525.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.0% | -2.2% |
% Black | 5.9% | -21.3% |
% Hispanic | 2.9% | 38.1% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.5% | 525.0% |
Mortgage and Risk — Princeton, KY
According to HUD data as of 2023, there were 159 mortgage originations in Princeton, KY, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Princeton, KY. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 159 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 5.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Princeton, KY
Princeton, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 156 |
Total Units Section 8 | 51 |
% Rentals under Section 8 | 3.7% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | N/A | N/A | $1,130 |
| 3 Bedroom | N/A | N/A | $1,580 |
| 4 Bedroom | N/A | N/A | $1,910 |
Affordability — Princeton, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $133,000 |
| Median Household Income | $54,000 |