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Princeton, WV

Full City Profile · West Virginia · Mercer County County

2.9 /5.0
C+ Fair
5,780 Population 1,920/sq mi density
$44,428 Median Income $25,185 per capita
$115,800 Home Value $162,691 Zillow
$830 Median Rent 33.8% income on rent
52°F Avg Temperature 318 sunny days/yr
761 Violent Crime/100K 3,493 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$44,428 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$115,800 home value, $830/mo rent
F
Safety
1.0 / 5.0
761 violent crimes/100K (100% above avg)
C+
Education
2.5 / 5.0
19.2% bachelor's degree or higher

Housing Overview

Median Home Value
$115,800
59% below
US avg: $281,900
Median Rent
$830/mo
29% below
US avg: $1,163/mo
Homeownership Rate
54.0%
17% below US avg (65.4%)
Total Housing Units
3,297
Median year built: 1958

Home Value by Source

Census Median
$115,800
Zillow (ZHVI)
$162,691
Median Sale Price
$130,000
Median List Price
$164,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

54.0%
Owner-Occupied
46.0%
Renter-Occupied
54%
46%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$714/mo
1 Bedroom
$766/mo
2 Bedroom
$945/mo
3 Bedroom
$1,231/mo
4 Bedroom
$1,380/mo
Census median rent: $830/mo · Zillow rent: $854/mo

Market Indicators (Redfin)

Median Days on Market
14 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
31.3%
of listings with price reduction
Price Per Sq Ft
$131
Active Inventory
16
homes for sale

Affordability & Housing Stock

Rent Burden
33.8%
of renters spending 30%+ of income on housing
9% above US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
54.0%

Complete Housing Data

Home Values

Census Median Value$115,800
Zillow Home Value (ZHVI)$162,691
Median Sale Price$130,000
Median List Price$164,500
Price Per Sq Ft$131

Rent

Census Median Rent$830
Zillow Rent (ZORI)$854
FMR Studio$714
FMR 1-Bedroom$766
FMR 2-Bedroom$945
FMR 3-Bedroom$1,231
FMR 4-Bedroom$1,380

Market

Days on Market14
Sale-to-List Ratio1.0%
Price Drops31.3%
Homes Sold2
Active Inventory16
Price Per Sq Ft$131

Ownership & Stock

Owner-Occupied54.0%
Renter-Occupied46.0%
Homeownership Rate54.0%
Total Housing Units3,297
Median Year Built1958
Rent Burden33.8%