Is Princeton, MA 01541 a buyer’s or seller’s market?
Princeton is a seller’s market. With about 2.4 months of supply and 42% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Princeton housing market right now
In the three months ending August 31, 2026, 42% of homes in Princeton, MA 01541 sold above their list price, the typical home went under contract in 25 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 54%, homes sold more slowly (22 days then) and the median sale price rose 27% to $697,198. Overall, Princeton is less competitive than a year ago, which gives buyers more room.
Within Worcester County, homes here sell more slowly than in 66% of the county’s ZIP codes, and sell less often over asking than in 66%.
Nearby, buyers who want less competition could look at Fayville 01745 (0% sold over asking) or Worcester 01608 (0% sold over asking), while Leicester 01524 (80% sold over asking) and Cherry Valley 01611 (71% sold over asking) are even more competitive.
Run the numbers for 01541
Nearby markets
Ashburnham 01430Seller’s market $275 /sq ftAthol 01331Seller’s market $248 /sq ftAuburn 01501Seller’s market $299 /sq ftBaldwinville 01436Buyer’s market $277 /sq ft Browse all markets →Towns like Princeton nearby
Find towns like Princeton in other states →Where Princeton is
Loading map…
Questions about Princeton real estate
Is Princeton a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Princeton, MA 01541 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Princeton?
The typical home went under contract in 25 days in the latest three months.
Do homes in Princeton sell over asking?
42% of homes sold above their original list price, and the typical sale closed at 101.6% of the list price.
What are property taxes in Princeton?
About 1.28% of a home’s value a year in Worcester County, or roughly $5,120 on a $400,000 home.
What is the median home price in Princeton?
The median sale price was $697,198 in the three months ending August 31, 2026, about $284 per square foot.
Local agents
See all agents in 01541 →No sponsored agents in 01541 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 01541
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology