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Princeton

Princeton

Located in Collin County

$336,884 Average Value
$175 Average Price per Sq Ft
195 Homes For Sale

Fast-growing city 40 miles northeast of Dallas

Proximity to Dallas, good schools and lower home prices than nearby suburbs are just some of the reasons that the city of Princeton has exploded in popularity. “It’s one of the fastest growing cities and has conveniences of other cities within 10 minutes,” says Vickie Mize, owner and broker at Vickie’s Real Estate Group, who has been selling real estate in Princeton for 25 years. Princeton is home to 28,000 residents--about 11,000 more than in 2020. “It's blooming with new businesses and residential developments,” says Alba Herrera Beaty, a Realtor with Coldwell Banker Apex who’s sold many homes in the area. “People used to move to McKinney, but it's become crowded, so they’re heading to Princeton instead. It’s still one of the most affordable places in the area even though it’s becoming more expensive.”

Many residents work in Dallas, about 40 miles away, Plano, 22 miles away, or McKinney, 10 miles west. Major employers in the city are the Princeton Independent School District and the City of Princeton.

Princeton aims to offer unique products and services, enhancing the community experience for everyone.
Princeton aims to offer unique products and services, enhancing the community experience for everyone.
Overall, Princeton is set to benefit greatly from these developments as they enrich local shopping options.
Overall, Princeton is set to benefit greatly from these developments as they enrich local shopping options.
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Growth brings new residential development

Aligned with its recent growth, many homes in Princeton were built in the last 20 years. Homes range from older ranch-style properties to New Traditional homes in organized developments on wide roads. Several new master planned communities have sprung up in the city, including Whitewing Trails and Forest Park. The median home price in Princeton is $345,000, lower than the Dallas-Fort Worth-Arlington area median of $399,000, according to the Texas Real Estate Research Center. Mize notes that “the cost point of the homes is the number-one reason come here. You can get a house for $350,000 in Princeton that would be $500,000 in McKinney.” Due to the explosive growth in Princeton, a 120-day moratorium on new residential development was issued in September 2024 to assess its impact on the city's infrastructure and public services.

Princeton features beautiful ranch-style homes with spacious, open layouts.
Princeton features beautiful ranch-style homes with spacious, open layouts.
Princeton’s master-planned neighborhoods offer convenience and strong amenities.
Princeton’s master-planned neighborhoods offer convenience and strong amenities.
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Local parks and nearby Lake Lavon

The City of Princeton has four parks, but a $109 million bond is set to improve the parks' infrastructure. The bond will expand green spaces, enhance existing parks, and build community spaces. J.M. Caldwell Sr. Community Park has a disc golf course, basketball court and dog park. The park also hosts a big 4th of July event. Other parks include Princeton Municipal Park, with a catch-and-release fishing pond and walking trails, and Parkview Heights with a playground and a basketball court. Princeton is next door to Lake Lavon for fishing, beaches, campgrounds, boat docks and hiking trails.

Veterans Memorial Park in Princeton has pathways to walk and view the memorial monuments.
Veterans Memorial Park in Princeton has pathways to walk and view the memorial monuments.
Local athletes of Princeton enjoy training at J.M. Caldwell St. Community Park.
Local athletes of Princeton enjoy training at J.M. Caldwell St. Community Park.
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Students served by the well-rated Princeton Independent School District

The Princeton Independent School District serves students in Princeton. The district earns an overall A-minus grade from Niche, including an A grade for diversity and an A-minus mark for college prep. Princeton ISD offers students a variety of fine arts and has been recognized on both the state and national levels. The district is planning to open new schools through 2034 to avoid overcrowding in schools due to population growth.

James Godwin Elementary in Princeton serves students Pre-K through 5th grade in Collin County.
James Godwin Elementary in Princeton serves students Pre-K through 5th grade in Collin County.
Students might attend Southard Middle School in Princeton.
Students might attend Southard Middle School in Princeton.
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Shopping and dining at nearby Historic Downtown McKinney

Historic Downtown McKinney is a 9-mile drive from Princeton and is one of the largest historic districts in Texas. The area has over 170 unique shops, from art galleries to home décor shops, and more than two dozen places to grab a bite. Dining in Princeton can be found along U.S. Highway 380, including national chains like Wingstop and Dominos and local spots like Scrambler Café and Jocy’s Restaurant.

The fun of McKinney's downtown shops and cafes is easily reached from Princeton.
The fun of McKinney's downtown shops and cafes is easily reached from Princeton.
Jocy's Restaurant is a where all the local residents of Princeton recommend to grab lunch.
Jocy's Restaurant is a where all the local residents of Princeton recommend to grab lunch.
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Near McKinney and Greenville

U.S. Highway 380 bisects the area and runs west to McKinney and east to Greenville. While there is no traditional public transportation in Princeton, those who qualify can use the Collin County Transit Program, which connects them to local grocery stores, senior centers, libraries, hospitals and more. Downtown Dallas is 40 miles from Princeton, while Downtown Fort Worth is about a 65-mile drive. The Dallas Fort Worth International Airport and Dallas Love Field Airport are about 40 miles away. The nearest hospital is Medical City McKinney, 11 miles away.

Princeton's weather

According to the 11th National Risk Assessment, Princeton has a significant wind factor. The city is also at risk of wildfires, with 100% of properties in Princeton being at some risk of being affected. The city also has extreme heat during the summer months but mild winter temperatures.

Princeton's crime

According to Princeton Police Department reporting, in December 2023, the violent crime rate was 73 offenses per 100,000 residents, lower than the state and national averages. Over that same span, they reported a property crime rate of 69 offenses per 100,000 residents, also lower than the state and national averages.

Kevin Haswell
Written By
Kevin Haswell
Adam Jebbeh
Photography Contributed By
Adam Jebbeh
Grace Kim
Video By
Grace Kim

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

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Princeton Housing Trends

Housing Trends

Median List Price
$354,000
Median Sale Price
$340,000
Median Single Family Sale Price
$342,990
Median Townhouse Sale Price
$309,999
Median Change From 1st List Price
0%
Last 12 months Home Sales
2,123
Median Home Sale Price YoY Change
5%
Average Price Per Sq Ft
$175

Neighborhood Facts

Number of Homes in Neighborhood
6,929
Number of Homes for Sale
195
Median Year Built
2017
Months of Supply
1.10
Average Single Family Home Size Sq Ft
1,923
On par with the national average
1,924
Average Townhouse Size Sq Ft
1,579
Median Lot Size Sq Ft
6,098

Open Houses

  • 1112 Quaint Meadow Dr, Princeton, TX 75407

    $330,000

    • 4 Beds
    • 2 Baths
    • 1,653 Sq Ft
    • 1112 Quaint Meadow Dr
    • New 14 days ago

    Beautiful and well-maintained open-concept home in the Winchester Crossing community of Princeton. This master-planned community offers wonderful amenities, including walking trails, a community pool, and a fishing pond.The property is ideally situated on a desirable corner lot and features 4 bedrooms and 2 bathrooms. This immaculate home also boasts a variety of additional amenities that

    Agent Photo
    Lori Lovelace
    United Real Estate Frisco
    (469) 437-8770
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  • 329 Stone Ct, Princeton, TX 75407

    $309,999

    • 3 Beds
    • 2.5 Baths
    • 1,537 Sq Ft
    • 329 Stone Ct
    • New 7 days ago

    Location, Luxury, and Like-new! North facing and only minutes from HWY 75 and US-380! SECURITY CAMERA, WASHER, DRYER, and SS REFRIGERATOR to CONVEY with this barely lived in townhome! Phenomenal opportunity to purchase a beautifully maintained, upgraded, townhome in South Park Meadows! This light and bright, 3-bedroom, 2.5 bath floor plan offers a spacious and savvy layout. The chef's kitchen

    Agent Photo
    Kristen Bangs
    Coldwell Banker Apex, REALTORS
    (469) 535-9641
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  • Saturday, Aug 9
    Open Sat 2PM - 4PM

    906 Bluewood St, Princeton, TX 75407

    $325,000

    • 3 Beds
    • 2 Baths
    • 1,873 Sq Ft
    • 906 Bluewood St
    • New 21 days ago

    Welcome to your next home in the heart of Arcadia Farms! This beautifully maintained Lennar Onyx plan features a charming brick-and-stone exterior, a welcoming front porch, Ring doorbell, and a smart garage door system. Inside, enjoy soaring 11-foot ceilings, elegant gray tile flooring, fresh interior paint, and an open-concept layout ideal for everyday living and entertaining.The kitchen

    Agent Photo
    Tonya Peek
    Coldwell Banker Realty Frisco
    (469) 698-4454
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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Princeton Has More Owners

Demographics

Total Population
28,335
Median Age
34
Population under 18
30.3%
Above the national average
23.8%
Population over 65
10.9%
Below the national average
19.1%

Finances

Median Household Income
$86,005
Above the national average
$71,702
Average Household Income
$95,346

Education and Workforce

High School Graduates
86.7%
College Graduates
24.6%
Below the national average
34.1%
Advanced Degrees
5.7%
% Population in Labor Force
74.8%
Above the national average
65.1%

Weather

Annual Precipitation
42''
Average Winter Low Temperature
34°F
Average Summer High Temperature
95°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

34 / 100

Car-Dependent

Walk Score®®

36 / 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