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Median Home Price in Princeton, MN

The median home value in Princeton, MN is $379,945 as of 2026-06-30, up 2.64% from a year earlier.

Median Home Value

$379,945

Year-over-Year

+2.64%

Population

5,418

Princeton ranks #45 of 112 Minnesota cities tracked here by median home value, and sits 6.3% above the state's city median of $357,406. It sits in Mille Lacs County, where the county-wide median is $317,172.

Crime in Princeton

Princeton police recorded a violent crime rate of 55 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 2,399 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

How much does a house cost in Princeton, MN?

The median home value in Princeton is $379,945. That's up 2.64% from a year earlier. That is about 6.3% above the typical county in Minnesota.

Is Princeton expensive compared to the surrounding area?

Homes in Princeton are more expensive than Mille Lacs County as a whole, where the median is $317,172 — a difference of about 19.8%.

Is Princeton a safe place to live?

Princeton police reported 55 violent crimes per 100,000 residents, covering a population of about 5,418. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.