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Why Live in Princeton

Princeton, MN, is a growing town of approximately 5,400 residents, situated along the scenic Rum River. Known for its small-town charm, Princeton has evolved from its agricultural and lumber roots into a commuter-friendly community within reach of the Twin Cities. The town features a variety of housing styles, including early 20th-century farmhouses, Craftsman-style homes, midcentury cottages, ranch-style homes, and new traditional builds. Residents enjoy ample green spaces, with Riverside Park offering campsites, a boat launch, and fishing access, while Mark Park provides a playground, splash pad, and sports courts. The Princeton Ice Arena allows for year-round ice skating, and the Kunkel Wildlife Management Area is popular for wildlife spotting and hunting. Princeton Public Schools serve the area, with Princeton High School offering six career academies. The town is well-connected via State Route 95 and U.S. Route 169, making commutes to St. Cloud, Cambridge, and the Twin Cities convenient. Local attractions include a traditional downtown area, a weekly farmers market, and popular dining spots like Merlin’s Family Restaurant. Princeton hosts several community events, such as the Rum River Festival and Light Up Princeton, fostering a strong sense of community.

Home Trends in Princeton, MN

Housing Trends

Median Sale Price
$349,900
Median Single Family Sale Price
$350,000
Median Townhouse Sale Price
$302,450
Average Price Per Sq Ft
$197
Number of Homes for Sale
25
Last 12 months Home Sales
153
Months of Supply
2.00
Median List Price
$351,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
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