Princeton, LA—71067
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Princeton, LA
As of Oct '25, the median home price in Princeton, LA is $190,000, with a year-over-year change of -5.7%. This indicates that home prices in Princeton, LA are decreasing. According to Zillow, the 1-year price projection is -3.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $190,000 | -5.7% |
| Single Family | $190,000 | -5.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $183,000 | -4.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Princeton, LA
As of July '25, Rentcast reports the average rent in Princeton, LA is $800, with a year-over-year rent change of -42.9%. Per bedroom, the median rent as of July '25 in Princeton, LA is 3-bedrooms: $800. The most common rental property sizes in Princeton, LA are 3-bedroom and 2-bedroom, accounting for 65.8% and 34.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $800 | $800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Princeton, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Princeton, LA is 40. This is a decrease of -15.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $334,000 | 40.0% |
Listing Count | 12 | 60.0% |
| Listings as % of Homes | 0.3% | 60.0% |
Days on Market | 40 | -15.0% |
Demographics — Princeton, LA
As of the latest ACS Survey released in 2023, Princeton, LA has a population of 3,240, which has decreased by -6.2% over the past 5 years. Princeton, LA is a popular place for families, as children make up 32.4% of the population. The area has a poorly educated workforce, with 10.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,240 | -6.2% |
% Under 18 | 32.4% | 2.2% |
% Seniors | 11.5% | -30.7% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 10.7% | 16.3% |
As of the latest ACS Survey released in 2023, Princeton, LA is a predominantly white area, with 58.1% of the population identifying as white. The white population has shrunk by 20.2% in the last 5 years. The second most common race or ethnicity in Princeton, LA is black, making up 34.3% of the population. Foreign-born residents account for 1.3% of the population in Princeton, LA, and this percentage has increased by Inf% 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 | 58.1% | -20.2% |
% Black | 34.3% | 61.0% |
% Hispanic | 7.3% | 43.1% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.3% | ∞% |
Mortgage and Risk — Princeton, LA
According to HUD data as of 2023, there were 107 mortgage originations in Princeton, LA, of which 46.0% of loans were conventional mortgages. The average loan-to-value was 88.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in Princeton, LA. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 107 |
% Conventional Loans | 46.0% |
% Government Loans | 54.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Princeton, LA
Princeton, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | $430 | $800 | $1,230 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Princeton, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $190,000 |
| Median Household Income | $40,000 |