Princeton, WV housing market
The typical Princeton home is worth about $174,000, up 1.9% in a year, close to the West Virginia typical home.
Home values, sales, trends and how Princeton compares with the towns next door — updated as new data is published.
Princeton at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Princeton | West Virginia |
|---|---|---|
| 2017 | $102,000 | $114,000 |
| 2018 | $103,000 | $116,000 |
| 2019 | $107,000 | $120,000 |
| 2020 | $107,000 | $122,000 |
| 2021 | $121,000 | $137,000 |
| 2022 | $134,000 | $149,000 |
| 2023 | $153,000 | $158,000 |
| 2024 | $159,000 | $163,000 |
| 2025 | $171,000 | $175,000 |
| 2026 | $166,000 | $176,000 |
| August 2026 | $174,000 | $180,000 |
No new homes permitted in 2025
No permits for new homes were issued in Princeton in 2025. The last year with any was 2024 (5 new homes).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Princeton's population fell by 560 even though 28 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 5 | 0 | 5 | $400,000 |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 5 | 0 | 5 | $400,000 |
| 2023 | 6 | 1 | 5 | $350,000 |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 1 | 1 | 0 | $200,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 7 | 1 | 6 | $526,000 |
| 2015 | 3 | 1 | 2 | $226,000 |
| 2014 | 3 | 1 | 2 | $226,000 |
| 2013 | 7 | 7 | 0 | $485,000 |
| 2012 | 4 | 0 | 4 | $240,000 |
| 2011 | 4 | 0 | 4 | $240,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 6 | 6 | 0 | $541,000 |
| 2008 | 9 | 9 | 0 | $811,000 |
| 2007 | 2 | 2 | 0 | $105,000 |
| 2006 | 9 | 9 | 0 | $683,000 |
| 2005 | 10 | 10 | 0 | $1.8 million |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 5 | 5 | 0 | $443,000 |
| 2000 | 11 | 4 | 7 | $826,000 |
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.
4 years of income
The typical Princeton home costs about 4 years of the town's median household income, more than across West Virginia (3 years).
How Princeton ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $880
HUD's Fair Market Rent for a two-bedroom in Princeton is $880 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Princeton pay a median of $747, so moving in tends to cost more than staying put. A two-bedroom takes about 24% of the town's median household income.
Studio $610 · 4 bedrooms $1,250
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (24739, 24740; Mercer County, WV), 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, May 2026. 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.