Housing · Princeton

Princeton, KY housing market

The typical Princeton home is worth about $144,000, down 6.5% in a year, 38% below the Kentucky typical home.

Home values, sales, trends and how Princeton compares with the towns next door — updated as new data is published.

The market right now

Princeton at a glance

Typical home value
$144K
▼ 6.5% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

PrincetonKentucky
$75K$100K$125K$150K$175K$200K$225K$250K 20182020202220242026 Princeton $144K Kentucky $233K
Show as a table
JanuaryPrincetonKentucky
2017$89,000$131,000
2018$99,000$138,000
2019$104,000$146,000
2020$104,000$155,000
2021$115,000$173,000
2022$128,000$191,000
2023$139,000$207,000
2024$147,000$216,000
2025$151,000$229,000
2026$144,000$233,000
August 2026$144,000$233,000
New construction

No new homes permitted in 2025

No permits for new homes were issued in Princeton in 2025. The last year with any was 2021 (9 new homes).

New homes, 2025
0
0 in 2024
2026 so far
0
Jan–Aug
Single-familyTwo or more homes per building2026 so far
0102030 2000: 27 homes 2000 2001: 28 homes 2002: 5 homes 2003: 6 homes 2004: 7 homes 2005: 8 homes 2005 2006: 7 homes 2007: 6 homes 2008: 4 homes 2009: 3 homes 2010: 3 homes 2010 2011: 3 homes 2012: 3 homes 2013: 3 homes 2014: 3 homes 2015: 7 homes (3 single-family, 4 in buildings with 2+ homes) 2015 2016: 0 homes 2017: 0 homes 2018: 2 homes 2019: 3 homes 2020: 7 homes 2020 2021: 9 homes 2022: 0 homes 2023: 0 homes 2024: 0 homes 2025: 0 homes 2025 2026 so far: 0 homes

Homes vs. people, 2010–2020

Residents−59
New homes+27

Between the 2010 and 2020 censuses, Princeton's population fell by 59 even though 27 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Kentucky: 1.6 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022000—
2021990$1.9 million
2020770$1.5 million
2019330$481,000
2018220$255,000
2017000—
2016000—
2015734$365,000
2014330$365,000
2013330$365,000
2012330$365,000
2011330$365,000
2010330$365,000
2009330$365,000
2008440$487,000
2007660$731,000
2006770$853,000
2005880$974,000
2004770$853,000
2003660$731,000
2002550$609,000
200128280$1.8 million
200027270$1.7 million

Princeton's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

How Princeton ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

3 years of income

The typical Princeton home costs about 3 years of the town's median household income, less than across Kentucky (3.7 years).

How Princeton ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
52.8%
Kentucky: 68.3%
Median tax bill
$535
Kentucky: $1,544
Median rent
$762
Kentucky: $967
Typical home built
1969
Kentucky: 1982

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,110

HUD's Fair Market Rent for a two-bedroom in Princeton is $1,110 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Princeton pay a median of $762, so moving in tends to cost more than staying put. A two-bedroom takes about 28% of the town's median household income.

1 bedroom
$880
a month, with utilities
2 bedrooms
$1,110
a month, with utilities
3 bedrooms
$1,550
a month, with utilities
Share of income
28%
2 bedrooms ÷ median income

Studio $830 · 4 bedrooms $1,860

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (42445; Clarksville, TN-KY HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01