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Median Home Price in Princeton, IL

The median home value in Princeton, IL is $177,161 as of 2026-07-31, up 6.9% from a year earlier.

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Median Home Value

$177,161

Year-over-Year

+6.9%

Population

7,661

Princeton ranks #223 of 279 Illinois cities tracked here by median home value, and sits 44.5% below the state's city median of $319,026. It sits in Bureau County, where the county-wide median is $154,318.

Housing affordability in Princeton

Median household income in Princeton is $61,946, so the typical home value is about 2.9× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Princeton

Princeton police recorded a violent crime rate of 0 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 1,684 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Princeton

What is the average home price in Princeton, IL?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Princeton, that value is $177,161. That's up 6.9% from a year earlier. It is about 44.5% below the typical Illinois city tracked here.

Is Princeton expensive compared to the surrounding area?

Homes in Princeton are more expensive than Bureau County as a whole, where the median is $154,318 — a difference of about 14.8%.

Is Princeton affordable?

Median household income here is $61,946, so the typical home value is about 2.9× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Princeton a safe place to live?

Princeton police reported 0 violent crimes per 100,000 residents, covering a population of about 7,661. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.