Why Live in Princeton
Princeton, Iowa, is a small town located along the Mississippi River, within 20 miles of the Quad Cities region of Iowa and Illinois. Known for its quiet streets and vintage architecture, Princeton offers a peaceful lifestyle with a strong sense of community. The town features a variety of home styles, including Craftsman, ranch-style, and hillside multi-level homes, many of which boast large, hilly backyards. The Mississippi riverfront provides housing options and piers for boating enthusiasts. Princeton's public education system is highly rated, with schools such as Virgil Grissom Elementary School, North Scott Junior High School, and North Scott Senior High School receiving commendable ratings. The high school also features strong STEM programs and a well-ranked athletics team.
Princeton's local dining scene includes Three 33 American, known for comfort foods like pizza and tacos, and Go Fish Marina Bar & Grill, which offers seafood dishes. For grocery shopping, residents can drive nearly 20 miles to Davenport's Hy-Vee supermarket or visit the new Fareway supermarket in nearby Le Claire. The town's parks, such as Clemens Park and Old School Park, provide ample opportunities for outdoor recreation, including playgrounds, sports fields, and scenic river views.
Princeton's historical roots date back to 1838, and the town has maintained its vintage aesthetic, with landmarks like its old bank and train station reflecting its past. The town's proximity to Highway 67 allows for convenient commuting to the Quad Cities, making it an attractive option for those seeking a blend of rural tranquility and access to urban amenities.
Frequently Asked Questions
What is the average home price in Princeton, IA?
Homes for sale in Princeton, IA have an average home price of $236,150.
Are home prices dropping in Princeton?
Yes, home prices in Princeton are down 34% in the last 12 months.
How many homes have sold over the last 12 months in Princeton, IA?
4 homes have sold in Princeton, IA over the last 12 months.
What are the most popular zip codes in Princeton, IA?
How much do you need to make to afford a house in Princeton?
The median home price in Princeton is $207,350. If you put a 20% down payment of $41,500 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $1,080 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $46K a year to afford the median home price in Princeton.
How are the schools in Princeton, IA?
Home Trends in Princeton, IA
On average, homes in Princeton, IA sell after 19 days on the market compared to the national average of 51 days. The median sale price for homes in Princeton, IA over the last 12 months is $201,600, down 33% from the median home sale price over the previous 12 months.
Median Sale Price
$201,600
Median Single Family Sale Price
$201,600
Average Price Per Sq Ft
$146
Last 12 months Home Sales
4
Median List Price
$207,350
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
-33%