Princeton, IN—47666
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Princeton, IN
Home Price Trends — Princeton, IN
Princeton, IN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $162,000 | 2.9% |
| Single Family | $162,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $138,000 | 3.0% |
3 Bed | $184,000 | 2.8% |
4 Bed | $241,000 | 3.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Princeton, IN
Princeton, IN 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, IN
Princeton, IN lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | 0.1% | N/A |
Days on Market | N/A | N/A |
Demographics — Princeton, IN
As of the latest ACS Survey released in 2023, Princeton, IN has a population of 1,410, which has decreased by -23.4% over the past 5 years. Princeton, IN is a popular place for families, as children make up 27.6% of the population. The area has a poorly educated workforce, with 9.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,410 | -23.4% |
% Under 18 | 27.6% | 1.8% |
% Seniors | 10.1% | -22.9% |
% WFH | 1.6% | ∞% |
% w/ College Degree | 9.8% | -28.5% |
As of the latest ACS Survey released in 2023, Princeton, IN is a predominantly white area, with 81.5% of the population identifying as white. The white population has shrunk by 12.6% in the last 5 years. The second most common race or ethnicity in Princeton, IN is hispanic, making up 1.8% of the population. Foreign-born residents account for 0.7% of the population in Princeton, IN, and this percentage has decreased by 30.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.5% | -12.6% |
% Black | 0.6% | 50.0% |
% Hispanic | 1.8% | -52.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.7% | -30.0% |
Mortgage and Risk — Princeton, IN
According to HUD data as of 2023, there were 56 mortgage originations in Princeton, IN, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Princeton, IN. Investor activity is low, as 0.0% 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 | 56 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Princeton, IN
Princeton, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,230 |
Affordability — Princeton, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $162,000 |
| Median Household Income | $63,500 |