Commercial Real Estate Market in Princeton, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 95 off-market properties in Princeton, MA.
Market Trends
Princeton, MA spans 35.4 square miles in Worcester County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Princeton, MA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Princeton, MA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Princeton, MA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Princeton, MA asks $216/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 99.1%
- Industrial 0.8%
- Commercial 0.1%
Largest Zones share of zoned land by district
Residential Agricultural
Business Industrial
Business
Princeton, MA zones 45,276 acres across 3 districts. Commercial zoning covers 0.1% of zoned land, residential 99.1% and industrial 0.8%. The largest single district is Residential Agricultural at 99.1%. For commercial buyers the practical constraint is that only 0.9% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Princeton, MA has 3,495 residents in 1,409 households. Density runs 99 people per square mile. Median household income here is $150,577 and median gross rent $921 a month.
3,495
Population
1,409
Households
2.5
Avg Household Size
49
Median Age
62%
College-Educated
99%
High-School Grad
35.4 sq mi
ZIP Area
99
Density / Sq Mi
$150,577
Median Household Income
$71,212
Median Earnings
$921
Median Rent
$496,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sterling | — | — |
| Rutland | — | — |
| West Boylston | — | $12.33 |
| Hubbardston | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Princeton?
Princeton, MA zones 45,276 acres across 3 districts, of which 0.1% is commercial and 0.8% industrial. The largest single district is Residential Agricultural at 99.1% of zoned land. Residential zoning covers 99.1% and open space 0%.
Where does Realmo's Princeton market data come from?
Realmo compiles Princeton, MA figures from 5 active sale listings, 95 tracked off-market properties, the current Princeton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Princeton, MA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 45,276 zoned acres across 3 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
