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Princeton

Princeton

Located in Bureau County

$186,789 Average Value
$108 Average Price per Sq Ft
14 Homes For Sale

Princeton is an active town in central Illinois

The charming central Illinois city of Princeton is known for its historic architecture and community activity. This community keeps a busy year-round schedule of events and boasts two historic Main Street commercial districts. Princeton is also the county seat of Bureau County. Traditionally an agricultural community, it is surrounded by farmland while being conveniently located to Interstate 80. “It’s a really friendly town,” says Roxana Noble of BHHS Central Illinois Realtors, who lives in Princeton and is a lifelong resident of the area. “If you don’t know people when you come here, you sure will in a week. Princeton has a lot of things going for everyone. We have art exhibits, a beautiful library and fairgrounds that have lots of different activities and attractions from spring through the fall. It’s a medium-sized town that has an intimate feel or can feel like you are in the city.”

Historic architecture stands out

The community features a collection of mostly older homes, several of which have recently been renovated. The Colonial Revival style is most common, and bungalows are also prominent. However, Victorian-style homes stand out the most for their striking architecture. Most homes are found on traditional neighborhood streets shaded by mature trees. Midcentury ranch-style homes and contemporary homes with driveways and attached garages are found in other residential settings, including dedicated subdivisions. Acreage homes and manufactured homes can be found on the outskirts of town, and multi-family alternatives include townhouses and condos. Prices typically start around $90,000 and can approach $400,000. Residents can expect a climate featuring hot, humid summers and cold, snowy winters.

Homestead Festival celebrates the community's roots

The signature event here is the annual Homestead Festival, a week that honors Reverend Owen Lovejoy, a noted abolitionist and key figure in the growth of the Republican Party on the state and national level. “It’s kind of a celebration of the founding of our town,” Noble says. “There’s huge parade, and lunch in the park by the courthouse.” Lovejoy’s Princeton home, a stop on the Underground Railroad, is now a museum. The community is also home to the Bureau County Historical Society. Other popular Princeton events include the Bureau County Fair and the Z Tour Bike Ride, a charity fundraiser that begins and ends at Zearing Park. Proceeds benefit the Zearing Child Enrichment Center. Several cultural events are sponsored by the Prairie Arts Center.

Main Street features two commercial districts

Local stores and restaurants are concentrated along Main Street. “There’s the north end district and the south end district,” Noble says. “The north end is more historic. It has shops that cater to people who come in from the city. They sell a lot of unique items, and the shopkeepers highlight a lot of the town’s history. The south end is more of a modern commercial district.” The south end of Main Street is anchored by a town square that is the site of the county courthouse and Soldiers and Sailors Park. More shopping and dining options can be found north of downtown heading toward Interstate 80.

Parks, nearby river are popular destinations

Zearing Park features athletic fields and a fishing pond. The pool at Alexander Park is a popular seasonal attraction. Bureau County Metro Center offers even more recreational amenities in an indoor setting. Big Bureau Creek and the Illinois River are local waterways that cater to anglers and other outdoors enthusiasts. Golfers can play on nearby courses.

School district includes five community schools

“We have a wonderful school system,” says Noble, a retired teacher. “There are multiple elementary schools, a junior high, and a high school with lots of sports activities.” Douglas Elementary and Jefferson Elementary school, which serves students through second grade, do not have Niche scores. Lincoln Elementary School, which serves third and fourth graders, earns a B from Niche, and Logan Junior High, which serves fifth through eighth graders, earns a C-plus. Those four make up Princeton Elementary School District 115, rated B-minus by Niche. Princeton Township High School, which also earns a B, is rated as the second-best high school in Bureau County. Students can transfer out of district, but parents would have to cover the costs, including transportation and tuition fees.

Amtrak connection to Chicago is a popular amenity

OSF Saint Clare Medical Center is a convenient community hospital. I-80 and nearby I-39 provide access to points of interest nearby, such as the La Salle-Peru region. Peoria is a little over 50 miles away via Illinois Route 29. That city is home to General Wayne A. Downing Peoria International Airport. I-80 offers access to Chicago, about 115 miles away. The city is also an Amtrak stop. “We can hop on the train and be in Chicago in about an hour and 45 minutes,” Noble says. “The ladies love it, because they can go there for shopping and be back the same day.”

Matt Pallister
Written By
Matt Pallister

Interested in learning more about homes in this area? Reach out to Kyle Cortez, an experienced agent in this area.

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Princeton Housing Trends

Housing Trends

Median List Price
$174,950
Median Sale Price
$170,000
Median Single Family Sale Price
$164,750
Median Townhouse Sale Price
$197,500
Median 2 Bedroom Sale Price
$233,225
Median Change From 1st List Price
5%
Last 12 months Home Sales
82
Median Home Sale Price YoY Change
5%
Average Price Per Sq Ft
$108

Area Facts

Number of Homes
1,582
Number of Homes for Sale
14
Median Year Built
1999
Months of Supply
2.00
Average Single Family Home Size Sq Ft
1,936
On par with the national average
1,926
Average Townhouse Size Sq Ft
1,382
Average 2 Bedroom Size Sq Ft
1,416
Average 1 Bedroom Size Sq Ft
1,461
Median Lot Size Sq Ft
15,028

Open Houses

  • Sunday, Oct 19
    Open Sun 12PM - 1PM

    725 Independence Dr, Princeton, IL 61356

    $319,900

    • 2 Beds
    • 2 Baths
    • 1,656 Sq Ft
    • 725 Independence Dr

    Beautiful, well-maintained home in the highly sought after (55 and older) Villas Community of Liberty Village. Open floor plan and extra-wide hallways allow for accessibility throughout. This home offers vaulted ceilings and spacious rooms as well as a large kitchen (stainless steel appliances) that opens up to the family room. A bonus room right off of the family room allows for an office or

    Kimberly Scott Success Realty Property Management, LLC

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Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
38''
Average Winter Low Temperature
14°F
Average Summer High Temperature
84°F
Annual Snowfall
19''

Area Factors

Somewhat Bikeable

Bike Score®®

46 / 100

Somewhat Walkable

Walk Score®®

62 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Princeton
Kyle Cortez
Right Start Realty LLC
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