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PRINCETON, IL 61356

Real Estate Market Report  ·  Bureau County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The PRINCETON, IL real estate market (61356) currently shows 32 active listings, with 14 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 46 days on market compared to 26 days last year.

The median listing price has risen 9.2% year-over-year, from $231,125 to $252,500.

Whether you are buying or selling in PRINCETON, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 10,959  ·  Density: 22.3/mi²  ·  Median household income: $63,405

Typical home value: $150,406  ·  Homeownership: 75.1%

Market Overview

Active Listings
32
⇧ 18.5% vs 27 last year
Pending
14
44% pending ratio
Median Price
$252,500
⇧ 9.2% vs $231,125 last year
Average Price
$255,080
⇧ 9.9% vs $232,074 last year
Days on Market
46
⇧ 76.9% vs 26 days last year

Price Per Square Foot

Median $/sqft
$133
⇧ 11.8% vs $119/sqft last year
Median Home Size
1,692 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 32 this year vs 27 last year
  • Days on market: 46 now vs 26 last year

Median & Average Pricing

Year over Year
  • Median: $252,500 (+9.2% YoY)
  • Average: $255,080 (+9.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.0 miles — 76 listings ($15,206,954 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61356Princeton, IL 613560.0 mi25$5,434,450$207,675$217,378
61337Malden, IL 613376.9 mi2$504,500$252,250$252,250
61379Wyanet, IL 613799.2 mi5$803,960$168,975$160,792
61349Ohio, IL 6134911.3 mi1$127,000$127,000$127,000
61329Ladd, IL 6132911.8 mi2$559,000$279,500$279,500
61327Hennepin, IL 6132712.9 mi4$630,668$138,000$157,667
61376Walnut, IL 6137613.8 mi5$662,375$132,475$132,475
61314Buda, IL 6131414.0 mi1$0$0$0
61326Granville, IL 6132614.5 mi3$869,751$253,750$289,917
61363Standard, IL 6136316.1 mi0$0$69,900$69,900
61301La Salle, IL 6130118.4 mi26$5,147,350$167,250$197,975
61335McNabb, IL 6133518.9 mi1$259,900$259,900$259,900
61372Troy Grove, IL 6137219.0 mi1$208,000$208,000$208,000

Frequently Asked Questions

How many homes are for sale in PRINCETON, IL 61356?

As of April 2026, there are 32 active listings in PRINCETON, IL (zip code 61356), compared to 27 the prior year.

What is the median home price in PRINCETON, IL 61356?

The median listing price in PRINCETON, IL 61356 is $252,500 as of April 2026, a 9.2% increase from $231,125 the prior year.

How long do homes stay on the market in PRINCETON, IL?

Homes in PRINCETON, IL 61356 spend an average of 46 days on the market before going under contract, compared to 26 days the prior year.

Is it a seller's or buyer's market in PRINCETON, IL 61356?

Based on current inventory and days-on-market data as of April 2026, PRINCETON, IL 61356 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 46 days on market compared to 26 days last year.

How much can I save on real estate commission in PRINCETON, IL?

With SELL123.com's maximum 3% commission, sellers in PRINCETON, IL 61356 save an estimated $5,050 compared to a typical 5% commission on the median listing price of $252,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.