Is Princeton, NC 27569 a buyer’s or seller’s market?
Princeton is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 23% of U.S. ZIP codes, and #258 of 424 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Princeton housing market right now
In the three months ending August 31, 2026, 15% of homes in Princeton, NC 27569 sold above their list price, the typical home went under contract in 76 days and there were 5.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 42 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold more slowly (59 days then) and the median sale price rose 4% to $334,755. Overall, Princeton is less competitive than a year ago, which gives buyers more room.
Within Johnston County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 75%. On our competition score, Princeton ranks #258 of 424 NC ZIP codes with enough sales (score 27 out of 100).
Nearby, buyers who want less competition could look at Micro 27555 (0% sold over asking) or Smithfield 27577 (8% sold over asking), while Selma 27576 (19% sold over asking) is even more competitive.
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Nearby markets
Benson 27504Balanced $187 /sq ftClayton 27520Seller’s market $187 /sq ftClayton 27527Balanced $179 /sq ftFour Oaks 27524Balanced $188 /sq ft Browse all markets →Towns like Princeton nearby
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Questions about Princeton real estate
Is Princeton a buyer’s or seller’s market?
A balanced market: there were 5.5 months of supply in Princeton, NC 27569 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 76 days in the latest three months.
Do homes in Princeton sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.
What are property taxes in Princeton?
About 0.62% of a home’s value a year in Johnston County, or roughly $2,480 on a $400,000 home.
What is the median home price in Princeton?
The median sale price was $334,755 in the three months ending August 31, 2026, about $183 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology