Home prices
The median home price in Princeton is $59,900. In comparison to the surrounding areas this is approximately $18,580 (44%) higher.In comparison to the rest of the nation it is about $157,600 (72%) lower, and compared to the city of Des Moines is approximately $73,300 (55%) lower.
Rents
The median rent in Princeton is $519 a month. It is about $25 (5%) higher in comparison to its nearby areas.It is about $543 (51%) lower in comparison to the country as a whole, and is about $336 (39%) lower compared to the city of Des Moines.
Nearby places
Mercer
Mercer is about 8 miles north of Princeton. Housing prices there are fairly similar. The median home value in Mercer is $60,000, which is very similar to Princeton. Its rents are a lot less expensive. The median monthly rent in Mercer is $294, which works out to $225 (76%) lower than Princeton.
Cainsville
Cainsville is about 8 miles west from Princeton. The housing prices there are a lot less expensive. Cainsville's median home cost is $37,500, which is $22,400 (59%) lower than Princeton. Its rents are significantly less expensive. Cainsville's median rent is $333 per month, which is $186 (55%) lower than Princeton.
Spickard
Spickard is about 10 miles south of Princeton. The housing prices there are significantly less expensive. Spickard's median home cost is $27,500, which comes out to $32,400 (117%) lower than Princeton. Its rents are somewhat less expensive. In Spickard the median monthly rent is $481, which comes out to $38 (7%) lower than Princeton.
Newtown
Newtown is approximately 11 miles east from Princeton. The real estate prices there are significantly less expensive. The median home in Newtown costs $37,200, which comes out to $22,700 (61%) lower than Princeton. Its rents are a lot more expensive. In Newtown the median monthly rent is $875, which works out to $356 (40%) higher than Princeton.
Lineville
Lineville is approximately 13 miles north of Princeton. The housing prices there are substantially less expensive. The cost of the median home in Lineville is $44,400, which works out to $15,500 (34%) lower than Princeton. Rents there are somewhat less expensive. In Lineville the median rent is $486 a month, which is $33 (6%) lower than Princeton.
