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Hawkeye Reporter

Friday, April 18, 2025

Princeton home prices fall in 2017

Re 9

The median sale price of a home sold in 2017 in Princeton fell by $27,875 while total sales decreased by 4.2%, according to BlockShopper.com.

From January through December of 2017, there were 23 homes sold, with a median sale price of $145,000 - a 16.1% decrease over the $172,875 median sale price for the previous year. There were 24 homes sold in Princeton in 2016.

The median sales tax in Princeton for 2017 was $2,620. In 2016, the median sales tax was $2,598. This marks an increase of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.

The following table compares Princeton to other Scott County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Eldridge111121-8.3%$255,000$260,000-1.9%
Long Grove221546.7%$255,000$239,9006.3%
Le Claire13712410.5%$248,500$224,45010.7%
Bettendorf8908257.9%$220,000$240,000-8.3%
Park View38380%$199,950$182,2509.7%
Blue Grass3546-23.9%$185,000$149,95023.4%
Walcott301776.5%$161,250$175,000-7.9%
Princeton2324-4.2%$145,000$172,875-16.1%
Donahue73133.3%$135,000$134,0000.7%
McCausland125140%$106,000$112,000-5.4%
Buffalo1617-5.9%$72,500$119,900-39.5%

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