Princeton, IN 47670 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Princeton, IN—47670

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$191,000

5.2% YoY Growth

Household Income

$65,900

32.7% YoY Growth

Days on Market

24.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$1,640

63.5% YoY Growth

1-Bed Rent

$925

47.3% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

$1,640

13.7% YoY Growth

Other Zip Codes in Princeton, IN

47666

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	$191,000	5.2%
Single Family	$191,000	5.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	$97,000	3.2%

Rental Trends — Princeton, IN

As of July '25, Rentcast reports the average rent in Princeton, IN is $1,440, with a year-over-year rent change of 63.5%. Per bedroom, the median rent as of July '25 in Princeton, IN is 1-bedrooms: $925, 3-bedrooms: $1,640, 4-bedrooms: $1,750. The most common rental property sizes in Princeton, IN are 2-bedroom and 3-bedroom, accounting for 42.2% and 27.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,640	$1,440
Studio Rent	N/A	N/A
1 Bed Rent	$925	$925
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,640	$1,640
4 Bed Rent	$1,750	$1,750

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% of Rental Stock

Studio

5.4%

1 Bedroom

21.1%

2 Bedrooms

42.2%

3 Bedrooms

27.9%

4 Bedrooms

1.6%

5+ Bedrooms

1.8%

Property Listings — Princeton, IN

As of May '26, Realtor.com reports that the median days on market for a home in Princeton, IN is 43. This is a decrease of -24.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$225,000	14.0%
Listing Count	42	-1.0%
Listings as % of Homes	0.3%	-1.0%
Days on Market	43	-24.0%

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Demographics — Princeton, IN

As of the latest ACS Survey released in 2023, Princeton, IN has a population of 11,600, which has decreased by -3.5% over the past 5 years. Princeton, IN is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 12.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	11,600	-3.5%
% Under 18	24.7%	6.0%
% Seniors	17.4%	-5.9%
% WFH	2.0%	100.0%
% w/ College Degree	12.8%	-9.9%

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As of the latest ACS Survey released in 2023, Princeton, IN is a predominantly white area, with 85.2% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Princeton, IN is black, making up 5.3% of the population. Foreign-born residents account for 3.3% of the population in Princeton, IN, and this percentage has increased by 37.5% 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	85.2%	-6.2%
% Black	5.3%	10.4%
% Hispanic	4.2%	110.0%
% Asian	1.0%	900.0%
% Foreign Born	3.3%	37.5%

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Mortgage and Risk — Princeton, IN

According to HUD data as of 2023, there were 210 mortgage originations in Princeton, IN, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Princeton, IN. Investor activity is low, as 6.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	210
% Conventional Loans	70.0%
% Government Loans	30.0%
% Investor Loans	6.0%
% Second Loans	0.0%
% Cash Out Refinance	18.0%

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Rentals and Section 8 — Princeton, IN

Princeton, IN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	277
Total Units Section 8	265
% Rentals under Section 8	N/A
% Occupied Section 8	92.7%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$175	$925	$750
2 Bedroom	N/A	N/A	$960
3 Bedroom	-$440	$1,640	$1,200
4 Bedroom	-$480	$1,750	$1,270

Princeton, IN—47670

Key Metrics at a Glance

Other Zip Codes in Princeton, IN

Home Price Trends — Princeton, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Princeton, IN

% of Rental Stock

Property Listings — Princeton, IN

Demographics — Princeton, IN

Race and Ethnicity

Mortgage and Risk — Princeton, IN

Mortgages

Rentals and Section 8 — Princeton, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Princeton, IN

Home Price to Income Ratio

Princeton, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Princeton, IN

Fort Branch, IN

Francisco, IN

Decker, IN

Decker, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.4
Median Home Price	$191,000
Median Household Income	$65,900

Princeton, IN—47670

Key Metrics at a Glance

Other Zip Codes in Princeton, IN

Home Price Trends — Princeton, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Princeton, IN

% of Rental Stock

Property Listings — Princeton, IN

Demographics — Princeton, IN

Race and Ethnicity

Mortgage and Risk — Princeton, IN

Mortgages

Rentals and Section 8 — Princeton, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Princeton, IN

Home Price to Income Ratio

Princeton, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Princeton, IN

Fort Branch, IN

Francisco, IN

Decker, IN

Decker, IN

Frequently Asked Questions

What is the average home price in Princeton, IN 47670?

How have home prices in Princeton, IN 47670 changed over the past year?

What is the home price projection for Princeton, IN 47670?

What are the demographics of Princeton, IN 47670?

How long does it take homes to sell in Princeton, IN 47670?

What is the average rent price in Princeton, IN 47670?