Why Live in Princeton Estates
Princeton Estates, a suburb in Kentwood, Michigan, established in 1965, is known for its quiet residential streets and proximity to walking trails and public parks. The neighborhood has seen a resurgence of young families in recent years. Homes in Princeton Estates, built primarily between the 1960s and '90s, include minimalist raised and single-story ranch-style, Colonial Revival, and custom contemporary designs, many featuring three to five bedrooms, attached garages, and spacious yards. The Kentwood Public School District serves the area, with highly rated schools such as Discovery Elementary School, Pinewood Middle School, and East Kentwood High School, which is noted for its strong athletic program. Pinewood Park, located in the heart of the neighborhood, offers trails, athletic fields, skate ramps, a playground, and a seasonal splash pad. Stauffer Station Park provides access to the Paul Henry Thornapple Trail system. The neighborhood's southwest corner along Kalamazoo Avenue features a small shopping and dining corridor, including Clock Tower Center and familiar chain eateries. Princeton Estates is 2 miles from downtown Kentwood, which hosts a community farmers market and an annual Tree Lighting Ceremony. The neighborhood's proximity to Grand Rapids, just over 12 miles away, allows easy access to cultural events like Art Prize. Residents can also travel internationally via Gerald R. Ford International Airport, located 6 miles west. Princeton Estates is considered safer than the national average, making it a practical choice for families.
Frequently Asked Questions
Is Princeton Estates a good place to live?
Princeton Estates is a good place to live. Princeton Estates is considered car-dependent and somewhat bikeable. Princeton Estates is a suburban neighborhood. Princeton Estates has 6 parks for recreational activities. It is fairly sparse in population with 5.2 people per acre and a median age of 39. The average household income is $116,829 which is above the national average. College graduates make up 45.1% of residents. A majority of residents in Princeton Estates are home owners, with 11.7% of residents renting and 88.3% of residents owning their home. A
local real estate agent serving Princeton Estates can help you decide if this neighborhood is the right one for you. Learn more on our
Princeton Estates neighborhood guide.
How much do you need to make to afford a house in Princeton Estates?
The median home price in Princeton Estates is $440,500. If you put a 20% down payment of $88,100 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,280 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $98K a year to afford the median home price in Princeton Estates. The average household income in Princeton Estates is $117K.
What are the best public schools in Princeton Estates?
The best public schools that serve Princeton Estates are:
What are the best private schools in Princeton Estates?
The best private schools that serve Princeton Estates are:
What are the most popular zip codes in Princeton Estates, Kentwood, MI?
What are the most popular neighborhoods near Princeton Estates, Kentwood, MI?
Home Trends in Princeton Estates, MI
On average, homes in Princeton Estates, Kentwood sell after 81 days on the market compared to the national average of 70 days. The median sale price for homes in Princeton Estates, Kentwood over the last 12 months is $440,500, up 13% from the median home sale price over the previous 12 months.
Median Sale Price
$440,500
Median Single Family Sale Price
$448,000
Median Townhouse Sale Price
$685,000
Median 2 Bedroom Sale Price
$685,000
Average Price Per Sq Ft
$316
Number of Homes for Sale
4
Last 12 months Home Sales
68
Median List Price
$440,500
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
13%