Why Live in Princeton
Princeton, MN, is a growing town of approximately 5,400 residents, situated along the scenic Rum River. Known for its small-town charm, Princeton has evolved from its agricultural and lumber roots into a commuter-friendly community within reach of the Twin Cities. The town features a variety of housing styles, including early 20th-century farmhouses, Craftsman-style homes, midcentury cottages, ranch-style homes, and new traditional builds. Residents enjoy ample green spaces, with Riverside Park offering campsites, a boat launch, and fishing access, while Mark Park provides a playground, splash pad, and sports courts. The Princeton Ice Arena allows for year-round ice skating, and the Kunkel Wildlife Management Area is popular for wildlife spotting and hunting. Princeton Public Schools serve the area, with Princeton High School offering six career academies. The town is well-connected via State Route 95 and U.S. Route 169, making commutes to St. Cloud, Cambridge, and the Twin Cities convenient. Local attractions include a traditional downtown area, a weekly farmers market, and popular dining spots like Merlin’s Family Restaurant. Princeton hosts several community events, such as the Rum River Festival and Light Up Princeton, fostering a strong sense of community.
Home Trends in Princeton, MN
On average, homes in Princeton, MN sell after 27 days on the market compared to the national average of 70 days. The median sale price for homes in Princeton, MN over the last 12 months is $350,000, down 18% from the median home sale price over the previous 12 months.
Median Sale Price
$350,000
Median Single Family Sale Price
$400,000
Median Townhouse Sale Price
$265,000
Average Price Per Sq Ft
$240
Number of Homes for Sale
4
Last 12 months Home Sales
98
Median List Price
$399,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-18%