House Prices

House Prices & Home Values Princeton, MN 2026


Average Data

average house price$259,313
average size per house1468 ft²
average price per ft²177 $ / ft²

04/16/2026 - The value range (VR) for house prices in Princeton, MN is $175/ sqft to $175/ sqft. An average home with 1468 sqft costs approximately $256,900 to $256,900. Princeton, MN includes 1 ZIP codes and it is located in Mille Lacs county. The lowest prices are found in ZIP 55371, while the highest are in ZIP 55371. The average price per sqare feet is $177. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Princeton

55371160 $ / ft²




Historical development of home values in Princeton

Year Estimated value (USD) Change vs. 2025
2010 $120,430 -53.6%
2011 $115,773 -55.4%
2012 $115,461 -55.5%
2013 $119,777 -53.8%
2014 $125,732 -51.5%
2015 $132,185 -49.0%
2016 $139,084 -46.4%
2017 $146,591 -43.5%
2018 $154,695 -40.3%
2019 $161,868 -37.6%
2020 $170,236 -34.4%
2021 $193,625 -25.3%
2022 $225,723 -13.0%
2023 $238,035 -8.2%
2024 $251,806 -2.9%
2025 $259,313 0.0%

Graph: estimated home values in Princeton over time (USD)



Example: 100% financing house in Princeton

Loan amount: $259,313

Interest rate: 6.00%

Fixed monthly payment: $1,554.71

Breakdown in the 1st month:
Interest portion: $1,296.57  –  Principal portion: $258.15

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $15,472.16 $3,184.39 $256,128.61
2 $15,275.75 $3,380.80 $252,747.81
3 $15,067.23 $3,589.32 $249,158.48
4 $14,845.85 $3,810.70 $245,347.78
5 $14,610.81 $4,045.74 $241,302.04
6 $14,361.28 $4,295.27 $237,006.77
7 $14,096.36 $4,560.19 $232,446.58
8 $13,815.09 $4,841.46 $227,605.12
9 $13,516.48 $5,140.07 $222,465.06
10 $13,199.46 $5,457.09 $217,007.96
11 $12,862.87 $5,793.68 $211,214.29
12 $12,505.53 $6,151.02 $205,063.27
13 $12,126.15 $6,530.40 $198,532.87
14 $11,723.37 $6,933.18 $191,599.69
15 $11,295.75 $7,360.80 $184,238.89
16 $10,841.75 $7,814.80 $176,424.09
17 $10,359.75 $8,296.80 $168,127.29
18 $9,848.02 $8,808.53 $159,318.76
19 $9,304.73 $9,351.82 $149,966.94
20 $8,727.93 $9,928.62 $140,038.32
21 $8,115.55 $10,541.00 $129,497.32
22 $7,465.41 $11,191.14 $118,306.18
23 $6,775.16 $11,881.39 $106,424.80
24 $6,042.35 $12,614.20 $93,810.59
25 $5,264.33 $13,392.22 $80,418.37
26 $4,438.33 $14,218.22 $66,200.15
27 $3,561.38 $15,095.17 $51,104.98
28 $2,630.34 $16,026.21 $35,078.77
29 $1,641.88 $17,014.67 $18,064.10
30 $592.45 $18,064.10 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Princeton, MN


1500 sqft3900 sqft
Ø selling price$321,255$683,397
Ø fast selling$292,050$615,058
Ø high price sale$350,460$751,737

In 2026, houses in Princeton, MN will be offered at an average price of $177 per square foot. A 1,500 sqft home priced at $321,255 is 20.98% more expensive per square foot than a 3,900 sqft home priced at $683,397. Home prices in Princeton, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $473,122. Sellers who can wait longer may achieve a higher price of up to $578,259.


Discover Princeton, MN

Located on the scenic Rum River, Princeton, MN blends small-town charm with easy access to outdoor adventure.
This central Minnesota city spans Mille Lacs County and Sherburne County and delivers a friendly, close-knit community atmosphere.

Location & Access

Just off US-169, Princeton Minnesota offers convenient commuting to the Twin Cities while maintaining a relaxed pace of life.
Its historic downtown features local shops, cafes, and services that make everyday errands simple and walkable.

Outdoor Recreation & Events

Outdoor enthusiasts enjoy riverside parks, trails, and nearby wildlife areas for fishing, paddling, hiking, and year-round outdoor recreation.
Seasonal fun includes the Mille Lacs County Fair and events at the Princeton Speedway, drawing visitors from across the region.

Schools & Community

Families appreciate the strong programs in Princeton Public Schools (ISD 477) and an active network of youth sports and community groups.
Health care, light manufacturing, retail, and agriculture anchor the local economy, with many residents also employed in nearby job centers.

Housing & Lifestyle

Homebuyers find a mix of historic houses, new construction, and acreage properties, all offering good value within Princeton?s welcoming neighborhoods.
Whether you are planning a weekend visit or a permanent move, Princeton, MN delivers a balanced lifestyle, abundant nature, and genuine Minnesota hospitality.



FAQ – Home Values in Princeton

What is the median home value in Princeton in 2026?

In 2026, the typical home value in Princeton is about $259,313 for an average home size of 1468 square feet. This corresponds to an average price of roughly $177 per square foot.

What is the average cost per square foot in Princeton?

In 2026, homes in Princeton sell for an average of around $177 per square foot, with a typical range between $175 and $175 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Princeton is about 1468 square feet, with an estimated 2026 value around $259,313.



Locations close to Princeton, MN

Prior Lake, MN171 $ / ft²
Rockford, MN191 $ / ft²
Rogers, MN172 $ / ft²
Plato, MN145 $ / ft²
Osseo, MN192 $ / ft²
Norwood Young America, MN673 $ / ft²
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