Is Princeton, TX 75407 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 3.3 months of supply and 7% 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 score28/ 100

More competitive than 23% of U.S. ZIP codes, and #350 of 868 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 supply3.3Under 4 months = seller’s market
Sold above original list7.2%Share of sales, last 3 months
Median sale-to-list97.5%Sold price ÷ list price
Median days on market54Listing to accepted offer
Median price per sq ft$152▼ −6.5% vs. last year

The Princeton housing market right now

In the three months ending August 31, 2026, 7% of homes in Princeton, TX 75407 sold above their list price, the typical home went under contract in 54 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 486 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (6% then), homes sold more slowly (41 days then) and the median sale price fell 7% to $280,129. Overall, Princeton is about as competitive as it was a year ago.

Within Collin County, homes here sell more slowly than in 52% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Princeton ranks #350 of 868 TX ZIP codes with enough sales (score 28 out of 100).

Nearby, buyers who want less competition could look at Lavon 75166 (3% sold over asking) or Blue Ridge 75424 (3% sold over asking), while Plano 75074 (20% sold over asking) and Plano 75023 (20% sold over asking) are even more competitive.

Nearby markets

Allen 75002Seller’s market $218 /sq ftAllen 75013Seller’s market $223 /sq ftAnna 75409Balanced $166 /sq ftBlue Ridge 75424Balanced $184 /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 3.3 months of supply in Princeton, TX 75407 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 54 days in the latest three months.

Do homes in Princeton sell over asking?

7% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.

What are property taxes in Princeton?

About 1.58% of a home’s value a year in Collin County, or roughly $6,320 on a $400,000 home.

What is the median home price in Princeton?

The median sale price was $280,129 in the three months ending August 31, 2026, about $152 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