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Princeton, TX

Full City Profile · Texas · Collin County County

3.5 /5.0
B+ Good
20,966 Population 1,485/sq mi density
$96,766 Median Income $35,813 per capita
$310,700 Home Value $295,650 Zillow
$2,059 Median Rent 30.4% income on rent
65°F Avg Temperature 323 sunny days/yr
289 Violent Crime/100K 1,268 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$96,766 median income, 1.5% unemployment
A+
Affordability
4.9 / 5.0
$310,700 home value, $2,059/mo rent
F
Safety
1.0 / 5.0
289 violent crimes/100K
B
Education
3.3 / 5.0
28.3% bachelor's degree or higher

Housing Overview

Median Home Value
$310,700
10% above
US avg: $281,900
Median Rent
$2,059/mo
77% above
US avg: $1,163/mo
Homeownership Rate
80.0%
22% above US avg (65.4%)
Total Housing Units
6,041
Median year built: 2011

Home Value by Source

Census Median
$310,700
Zillow (ZHVI)
$295,650
Median Sale Price
$319,990
Median List Price
$333,740
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.0%
Owner-Occupied
20.0%
Renter-Occupied
80%
20%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $2,059/mo · Zillow rent: $1,943/mo

Market Indicators (Redfin)

Median Days on Market
84 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
103
Price Drops
39.4%
of listings with price reduction
Price Per Sq Ft
$152
Active Inventory
429
homes for sale

Affordability & Housing Stock

Rent Burden
30.4%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
2011
Average age of housing stock: 15 years
Homeownership Rate
80.0%

Complete Housing Data

Home Values

Census Median Value$310,700
Zillow Home Value (ZHVI)$295,650
Median Sale Price$319,990
Median List Price$333,740
Price Per Sq Ft$152

Rent

Census Median Rent$2,059
Zillow Rent (ZORI)$1,943
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market84
Sale-to-List Ratio1.0%
Price Drops39.4%
Homes Sold103
Active Inventory429
Price Per Sq Ft$152

Ownership & Stock

Owner-Occupied80.0%
Renter-Occupied20.0%
Homeownership Rate80.0%
Total Housing Units6,041
Median Year Built2011
Rent Burden30.4%