Is Princeton, IN 47670 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Princeton is a seller’s market. With about 2.8 months of supply and 30% 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.

Competition score65/ 100

More competitive than 68% of U.S. ZIP codes, and #68 of 306 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

Months of supply2.8Under 4 months = seller’s market
Sold above original list30.2%Share of sales, last 3 months
Median sale-to-list98.8%Sold price ÷ list price
Median days on market19Listing to accepted offer
Median price per sq ft$135▲ +11.8% vs. last year

The Princeton housing market right now

In the three months ending August 31, 2026, 30% of homes in Princeton, IN 47670 sold above their list price, the typical home went under contract in 19 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 44 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 24%, homes sold faster (23 days then) and the median sale price rose 24% to $219,905. Overall, Princeton is more competitive than a year ago, so tougher for buyers.

Within Gibson County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in 62%. On our competition score, Princeton ranks #68 of 306 IN ZIP codes with enough sales (score 65 out of 100).

Nearby, buyers who want less competition could look at Griffin 47616 (0% sold over asking) or Cynthiana 47612 (0% sold over asking), while Patoka 47666 (100% sold over asking) and Fort Branch 47648 (70% sold over asking) are even more competitive.

Nearby markets

Cynthiana 47612 $115 /sq ftFort Branch 47648 $168 /sq ftFrancisco 47649Seller’s market $129 /sq ftGriffin 47616 $117 /sq ft Browse all markets →

Where Princeton is

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Questions about Princeton real estate

Is Princeton a buyer’s or seller’s market?

A seller’s market: there were 2.8 months of supply in Princeton, IN 47670 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 19 days in the latest three months.

Do homes in Princeton sell over asking?

30% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.

What are property taxes in Princeton?

About 0.72% of a home’s value a year in Gibson County, or roughly $2,880 on a $400,000 home.

What is the median home price in Princeton?

The median sale price was $219,905 in the three months ending August 31, 2026, about $135 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