Princeton, MA—01541
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Princeton, MA
As of Nov '25, the median home price in Princeton, MA is $622,000, with a year-over-year change of 1.9%. This indicates that home prices in Princeton, MA are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $622,000 | 1.9% |
| Single Family | $624,000 | 1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $451,000 | 2.5% |
3 Bed | $586,000 | 1.4% |
4 Bed | $723,000 | 1.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Princeton, MA
As of July '25, Rentcast reports the average rent in Princeton, MA is $3,500, with a year-over-year rent change of 14.8%. Per bedroom, the median rent as of July '25 in Princeton, MA is 3-bedrooms: $3,500. The most common rental property sizes in Princeton, MA are 3-bedroom and 1-bedroom, accounting for 56.5% and 32.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,500 | $3,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Princeton, MA
As of Nov '25, Realtor.com reports that the median days on market for a home in Princeton, MA is 98. This is a increase of 4.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $650,000 | 0.0% |
Listing Count | 12 | 28.0% |
| Listings as % of Homes | 0.4% | 28.0% |
Days on Market | 98 | 4.0% |
Demographics — Princeton, MA
As of the latest ACS Survey released in 2023, Princeton, MA has a population of 3,500, which has increased by 1.7% over the past 5 years. Princeton, MA is a moderately popular place for families, as children make up 20.8% of the population. The area has a highly educated workforce, with 62.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,500 | 1.7% |
% Under 18 | 20.8% | -0.5% |
% Seniors | 20.3% | -1.0% |
% WFH | 25.4% | 167.4% |
% w/ College Degree | 62.1% | -2.1% |
As of the latest ACS Survey released in 2023, Princeton, MA is a predominantly white area, with 92.9% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Princeton, MA is hispanic, making up 2.2% of the population. Foreign-born residents account for 3.8% of the population in Princeton, MA, and this percentage has decreased by 11.6% 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 | 92.9% | 0.8% |
% Black | 0.3% | -62.5% |
% Hispanic | 2.2% | -31.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 3.8% | -11.6% |
Mortgage and Risk — Princeton, MA
According to HUD data as of 2023, there were 84 mortgage originations in Princeton, MA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Princeton, MA. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 84 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Rentals and Section 8 — Princeton, MA
Princeton, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 12.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,270 |
| 2 Bedroom | N/A | N/A | $1,640 |
| 3 Bedroom | -$1,500 | $3,500 | $2,000 |
| 4 Bedroom | N/A | N/A | $2,210 |
Affordability — Princeton, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $622,000 |
| Median Household Income | $151,000 |