Princeton Manor, Knightdale NC: Neighborhood Guide and Homes for Sale

Caul Group Residential, brokered by eXp Realty

Princeton Manor is a neighborhood of single-family homes in Knightdale, east of Raleigh. Wake County records show 401 homes on Princeton Manor plats, built from 2004 to 2022, with a median of about 2,662 heated square feet on lots of about a fifth of an acre. The 11 recorded sales from October 2025 through September 2026 had a median of $490,500, and every one was a resale.

Here is where Princeton Manor is, what the homes are like, recent sale prices, the owners association and pool, and how to check school assignment.

Where Princeton Manor is

Princeton Manor is inside the Town of Knightdale, in the 27545 ZIP code (Wake County property records).

Road distances from the neighborhood bath house at 1003 Primrose Cottage Lane (OpenStreetMap routing, October 2026):

  • Knightdale Town Hall: 3.9 miles
  • Knightdale Station Park: 4.5 miles
  • WakeMed Raleigh Campus: 6.1 miles
  • NC State Capitol, downtown Raleigh: 9.1 miles
  • Triangle Town Center: 9.9 miles
  • RDU Airport: 24.5 miles
  • Research Triangle Park: 25.9 miles

A short history

Wake County records show the first Princeton Manor homes in 2004. 172 were built from 2004 to 2009, 209 from 2010 to 2019 and 20 from 2020 to 2022. No homes are recorded as built in 2025 or later (Wake County property records).

The pool and common areas

County records show a bath house built in 2005 at 1003 Primrose Cottage Lane, on a parcel owned by the Princeton Manor Property Owners Association, and about two dozen other common area parcels owned by the association. A swim school page describes the Princeton Manor pool as for members only, so ask the association how pool access works for a specific home.

Homes in Princeton Manor

Across the 401 homes (Wake County property records, October 2026):

  • Year built: 2004 at the 10th percentile, 2012 median, 2019 at the 90th percentile
  • Heated area: 2,148 square feet at the 10th percentile, 2,662 median, 3,311 at the 90th percentile
  • Lot size: 0.21 acres median, 0.16 to 0.32 acres for the middle 80%

All 401 are recorded as detached homes. County records list some homes as owned by single-family rental companies.

Recent sale prices

Wake County records show 11 recorded sales from October 2025 through September 2026. The median was $490,500, the middle 80% ranged from about $415,000 to $555,000, and the range ran from $407,500 to $618,000. All 11 were resales (Wake County property records).

HOA

The Princeton Manor Property Owners Association owns the pool parcel and common areas (Wake County property records). Ask for the dues, any special assessments and the resale fees for a specific home on the NC Residential Property and Owners' Association Disclosure Statement.

The Princeton Manor market right now

For the 27545 ZIP code, which covers Knightdale, Redfin reports for the three months ending September 2026:

  • Median sale price: $369,886, down 6.1% year over year
  • Median days on market: 50, compared with 42 a year earlier
  • Homes sold in September: 157, compared with 193 a year earlier
  • Sale-to-list price: 98.9%
  • Homes sold above list price: 9.1%
  • Homes with a price drop: 39.9%

What it means: the 27545 median was down about 6% from a year ago and homes took about 50 days to sell. Princeton Manor sells above the ZIP median, and with few sales a year, a well-prepared resale gets close attention from buyers comparing it with new construction nearby.

Assigned schools

The Wake County Public School System assigns by address. For 2026-27, all 60 sampled Princeton Manor addresses were zoned for Hodge Road Elementary on a year-round calendar, Neuse River Middle and Knightdale High, both on a modified calendar (WCPSS). None of the three was listed as capped. Check a specific address with the WCPSS address lookup tool.

Things to do nearby

  • The neighborhood pool, for association members.
  • Knightdale Station Park, about 4.5 miles away.
  • WakeMed Raleigh Campus, about 6.1 miles away.
  • Triangle Town Center and downtown Raleigh, each about 9 to 10 miles away.

Buying in Princeton Manor: what to check

  • Year built, roof and HVAC age, and updates.
  • Lot size and backyard.
  • Pool membership and HOA dues.
  • How the price compares with new homes nearby.
  • School assignment and calendar by exact address.

See our buyer services page for how we help buyers.

Selling in Princeton Manor: what buyers ask about

  • Updates you have made and the age of major systems.
  • Recent comparable Princeton Manor sales.
  • HOA dues and pool access.
  • Commute times to Raleigh.
  • School assignment and calendar.

See how we sell homes, or start with a home value estimate.

Princeton Manor FAQs

Where is Princeton Manor?

Princeton Manor is in the Town of Knightdale, ZIP 27545, about 9.1 miles by road from downtown Raleigh.

How many homes are in Princeton Manor?

Wake County records show 401 homes on Princeton Manor plats, all detached homes built from 2004 to 2022.

What do homes in Princeton Manor cost?

Wake County records show 11 sales from October 2025 through September 2026, with a median of $490,500 and a range of $407,500 to $618,000.

Does Princeton Manor have a pool?

Yes. County records show a bath house built in 2005 at 1003 Primrose Cottage Lane on a parcel owned by the Princeton Manor Property Owners Association.

Is there an HOA in Princeton Manor?

Yes. The Princeton Manor Property Owners Association owns the pool parcel and common areas. Ask for dues and fees on the disclosure statement.

Which schools serve Princeton Manor?

For 2026-27, all 60 sampled addresses were zoned for Hodge Road Elementary, Neuse River Middle and Knightdale High. Confirm any address with the WCPSS address lookup.

Are new homes being built in Princeton Manor?

No. County records show the last homes were built in 2022, so homes for sale are resales.

Thinking of selling in Princeton Manor?

Princeton Manor homes are all resales, so buyers compare year built, updates, lot and price against nearby new construction. We price from recent Princeton Manor sales and similar Knightdale resales.

Caul Group Residential is the #1 Resale Team in the Triangle. Our office is at 201 Shannon Oaks Circle, Suite 200, Cary, NC 27511. RealTrends Verified 2026 (based on 2025 sales) ranks our team, "Caul Team," #1 in Raleigh by sides and by volume. See the RealTrends profile. We have 5.0 stars on Zillow from 1,200+ reviews (Oct 2026). Read the reviews.

More on the area: Knightdale, Wendell, Wendell Falls, Raleigh and our Raleigh agents.