Zip 55371 (Princeton, MN) Housing

The housing in Princeton, MN (55371) is slightly lower than the US median value. The median home value in Princeton is $304,200 while the US median home value is $338,100. However, although the housing values aren't as high as the US median they do still appreciate at a steady rate. In fact, over the last year homes have appreciated by 6.82%, which though not as high as the 8.27% national appreciation rate it is still a solid return on investment for homeowners in Princeton.

The median home cost in Princeton (zip 55371) is $304,200. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Princeton (zip 55371) is up 11.0%.

Average Age of Homes

- The median age of Princeton (zip 55371) real estate is 31 years old

The Rental Market in Princeton (zip 55371)

- Renters make up 18.1% of the Princeton (zip 55371) population
- 0.6% of houses and apartments in Princeton (zip 55371), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Princeton, Minnesota	United States
	6,777.0	139,647,020.0
	37	42
	$304,200	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$10.27	$10.98
	$2,391	$2,690
	77.5%	57.4%
	5.9%	11.2%
	16.5%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.1%	0.4%
	3.6%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	0.5%	2.4%
	0.8%	2.8%
	1.0%	3.9%
	1.3%	4.5%
	9.6%	11.3%
	21.5%	13.0%
	35.0%	20.1%
	16.3%	13.6%
	8.3%	8.3%
	2.4%	9.7%
	0.5%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	23.7%	13.6%
	23.7%	13.6%
	16.1%	13.6%
	8.0%	13.2%
	15.4%	14.8%
	16.1%	13.6%
	5.4%	10.0%
	1.9%	4.7%
	12.9%	12.2%

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