Princeton, AL

The Princeton area is located in Shelby County, Alabama. The population of the Princeton area was 10,824 as of the 2010 census. The median household income in the Princeton area was $72,917 as of 2010.

Princeton is a suburban community located approximately 20 miles west of Birmingham and 25 miles east of Tuscaloosa. The community is bordered by Shelby County to the north and east, Limestone County to the south, and Walker County to the west. Major thoroughfares through Princeton include U.S. Route 31 (Jefferson Highway), Alabama State Route 154 (Old Montgomery Highway), and Alabama State Route 231 ( Huntsville Highway).

The history of real estate in Princeton can be traced back to 1892 when land was first surveyed for development purposes. In 1909, a plat for what would become known as Princeton was filed with the Shelby County Register of Deeds Office. The first homes were built in 1910 on land that had been donated by Drury Ladd and James Witherspoon Jr., two prominent citizens of Shelby County at that time. By 1920, there were approximately 100 homes in the community; however, due to World War I and subsequent economic conditions, development slowed down considerably during this time period.

Development resumed slowly after World War II as new home builders began to enter the market place; however, it wasn't until 1970 that significant growth occurred within Princeton due to its proximity to Birmingham and Tuscaloosa combined with its excellent schools and recreational opportunities available in nearby Lake View Park (now known as Blue Mountain Lake). As a result of this growth period, by 1990 there were 1,500 homes within Princeton's boundaries; however, since then housing prices have continued to rise while population has remained relatively stable resulting in today's population estimate of 10,824 residents residing within town limits alone!

Today's real estate market within Princeton can be classified into three primary categories: single-family detached homes/townhomes; multi-family dwellings including apartments/condos; and commercial properties including retail stores/office buildings/warehouses etc.. Single-family detached homes are typically priced between $100K-$300K while multi-family dwellings are priced between $150K-$450K per unit on average while commercial properties range from $50K-$250K per acre on average depending on location & size etc..

When considering purchasing or selling a home in any given market place it is important to consult with an experienced real estate agent who will be able to provide you with objective advice based on current market conditions & trends specific to your geographical location etc.. Additionally it is always advisable for buyers & sellers aliketo have access To pre-owned property listings which can provide an additional level of liquidity should you decide at any point during your transaction that you no longer wish or need your property(s) etc..

Overall I believe that real estate continues to be one of the most reliable investments available today due not only to historically high rates Of return but also because unlike many other forms Of investment such as stocks & bonds which tend To experience short term volatility Real Estate tends To offer stability over extended periods Of time even during difficult economic times etc...