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Preforeclosure Homes in Princeton, MN

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View this home at 6th Ave N Princeton MN 55371
Preforeclosure
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$145,201 EMV
6th Ave N
Princeton, MN 55371
Single-Family
EST. RENT: $1,151
|
AUCTION: 05-23-2024
Single-Family
5 View this home at 16th St N Princeton MN 55371
Preforeclosure
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$262,986 EMV
16th St N
Princeton, MN 55371
Single-Family
|
2 |
1
|
1,232
EST. RENT: $1,580
|
AUCTION: 04-30-2024
Single-Family
|
2 |
1
|
1,232
5 View this home at Woodland Dr Princeton MN 55371
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$257,373 EMV
Woodland Dr
Princeton, MN 55371
Single-Family
|
4 |
2
|
1,092
EST. RENT: $1,550
|
AUCTION: 04-23-2024
Single-Family
|
4 |
2
|
1,092
6 View this home at 80th Ave Princeton MN 55371
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$265,090 EMV
80th Ave
Princeton, MN 55371
Single-Family
960
EST. RENT: $1,408
|
AUCTION: 04-25-2024
Single-Family
960
View this home at 4th Ave N Princeton MN 55371
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$278,000 EMV
4th Ave N
Princeton, MN 55371
Single-Family
EST. RENT: $1,710
|
AUCTION: 05-02-2024
Single-Family
View this home at 300th Ave Princeton MN 55371
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$376,117 EMV
300th Ave
Princeton, MN 55371
Single-Family
|
3 |
2
EST. RENT: $1,800
|
AUCTION: 05-01-2024
Single-Family
|
3 |
2
View this home at Brickton Rd Princeton MN 55371
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$273,961 EMV
Brickton Rd
Princeton, MN 55371
Single-Family
EST. RENT: $1,870
|
AUCTION: 05-09-2024
Single-Family
View this home at 128th St Nw Princeton MN 55371
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$573,643 EMV
128th St Nw
Princeton, MN 55371
EST. RENT: $2,410
|
AUCTION: 04-16-2024
3 View this home at 3rd Ave S Princeton MN 55371
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$114,987 EMV
3rd Ave S
Princeton, MN 55371
Single-Family
|
2 |
1
EST. RENT: $1,241
|
AUCTION: 04-18-2024
Single-Family
|
2 |
1
5 View this home at 12th St N Princeton MN 55371
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$191,750 EMV
12th St N
Princeton, MN 55371
Single-Family
|
2 |
1
|
678
EST. RENT: $1,311
|
AUCTION: 04-23-2024
Single-Family
|
2 |
1
|
678
Displaying 1 - 10 of 16
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Home Value Estimator For Princeton, MN

There are currently 5,735 real estate properties in Princeton, MN, with a median automated valuation model (AVM) price of $334,339.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Princeton, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Princeton, MN, is $350,470.00, with the most expensive house in Princeton, MN, topping out at $1,423,295.00 and the cheapest home in Princeton, MN, clocking in at $12,050.00. In other words, there’s something for every potential homebuyer or savvy investor in Princeton, MN!


Rent Prices In Princeton, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Princeton, MN, is on a rollercoaster ride. The average rent price in Princeton, MN, is $1,555.00. Indeed, when looking to rent in Princeton, MN, you can expect to pay as little as $500.00 or as much as $3,080.00, with the average rent median estimated to be $1,510.00. The good news is that finding an affordable and desirable property to rent in Princeton, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Princeton, MN In 2024

Princeton is located in Mille Lacs, Minnesota, with an estimated municipal population of 4,729 residents. All of the best foreclosed homes for sale in Princeton are located in the following zip code areas on Foreclosure.com: 55371. The estimated population per square kilometer (.62 miles) in Princeton is 383.


Cost Of Living In Princeton, MN

So, about how much do homes cost in Princeton? The most recent median value of resident-owned homes in Princeton is 134,763. An estimated 54.7 percent of households in Princeton own their homes, with an average family size of 3.06. The median household income in Princeton is 36,201, with12.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Princeton, the median commute time of resident workers (in minutes) is 27.7. And last, but certainly not least, are you looking for homes to rent in Princeton? If so, the average rent price paid by renters in Princeton is 675, according to recent statistics.


Diversity And Demographics In Princeton, Minnesota

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Princeton, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Princeton is 32.8, split between 42.7 percent male versus 57.3 female. The percentage of residents who report being married in Princeton is 35.3, with an average family size of 3.06.

The percentage of residents who report their race in Princeton is as follows:

White 94.5%
Black / African American 0.4%
Asian 0.9%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0.2%
Multi-racial 3.2%
Other 0.6%

Looking for family-friendly neighborhoods in and/or near Princeton? Or maybe you are searching for 55+ active adult communities in and/or near Princeton?

The percentage of residents who report their age in Princeton is as follows:

Under 10 19.4%
Aged 10-19 7.4%
20s 17%
30s 12.7%
40s 7.6%
50s 9.7%
60s 10.6%
70s 8.3%
80+ 7.1%

Best Schools In Princeton, Minnesota

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Princeton with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Princeton.


Pros And Cons Of Living In Princeton, Minnesota

How do you know that living in -- or moving to -- Princeton is right where you need to be? Perhaps you grew up in Princeton or already live nearby; therefore, the decision to buy a home in Princeton is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Princeton for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Princeton:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Princeton.


Reasons To Move To Princeton, Minnesota, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Princeton can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Princeton, meanwhile, can field multiple offers from more qualified buyers.

Princeton, MN Preforeclosure Homes


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