Commercial Real Estate Market in Princeton, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
164 active listings and 405 off-market properties in Princeton, TX. Commercial property asks $116/SF to buy and $21.56/SF/Yr to lease.
Market Trends
Princeton, TX spans 49.9 square miles in Collin County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Princeton, TX asks $381/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Princeton, TX asks $764/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Princeton, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Princeton, TX asks $244/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Planned_development 66.4%
- Residential 16.8%
- Agricultural 10.3%
- Commercial 6%
- Industrial 0.5%
Largest Zones share of zoned land by district
Agricultural
Planned Development Whitewing Trails
Planned Development Eastridge
Single Family Residential 1
Planned Development Sicily
Agricultural (AG)
It is intended to apply to land situated on the fringe of an urban area, used for agricultural purposes, and which may become an urban area in the future.
Market overview
Demographics & Economy
Princeton, TX has 25,738 residents in 10,095 households. Density runs 515 people per square mile. Median household income here is $92,076 and median gross rent $1,867 a month.
25,738
Population
10,095
Households
2.5
Avg Household Size
32
Median Age
25%
College-Educated
89%
High-School Grad
49.9 sq mi
ZIP Area
515
Density / Sq Mi
$92,076
Median Household Income
$48,912
Median Earnings
$1,867
Median Rent
$307,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| McKinney | — | $27.17 |
| Fairview | — | — |
| Lucas | — | — |
| Farmersville | — | $19.83 |
Commercial property in Princeton, TX asks $116/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Princeton?
Commercial property in Princeton, TX asks an average of $116 per square foot. Retail carries the highest asking price at $764/SF.
How much does it cost to lease commercial space in Princeton?
Asking lease rates in Princeton, TX average $21.56 per square foot per year.
Where does Realmo's Princeton market data come from?
Realmo compiles Princeton, TX figures from 149 active sale listings, 15 active lease listings, 405 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 149 active for-sale and 15 active for-lease listings in Princeton, TX. 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: 9,296 zoned acres across 62 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 South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South 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
