Preston, ID Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Preston, ID is $355,000, up 2.3% year-over-year. Homes sell in an average of 188 days with 22 active listings. The market is currently a buyer's market.
$355,000median sale price
Is Preston a buyer's or seller's market?
Preston, ID is currently a buyer's market, based on 7.3 months of supply and homes selling in about 188 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
188
Average pace
Active listings
22
7.3 months supply
Sale-to-list
98.5%
Below asking
Preston, ID market data
| Metric | Value |
|---|---|
| Median sale price | $355,000 |
| Median list price | $365,000 |
| Year-over-year price change | +2.3% |
| Average days on market | 188 days |
| Active inventory | 22 listings |
| Months of supply | 7.3 months |
| Sale-to-list price ratio | 98.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Preston housing market is currently classified as a buyer's market with a median sale price of $355,000. Prices have risen 2.3% compared to last year, with homes spending an average of 188 days on market, indicating 7.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Preston
There are currently 22 homes listed for sale in Preston, Idaho. The median listing price is $365K.
Active listings
22
Homes on market
Median list price
$365K
Avg. days on market
188
Days until sale
New this week
3
Newly listed
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Frequently asked questions
What is the average home price in Preston?
The median home sale price in Preston is $355,000, up 2.3% from last year.
How long do homes stay on market in Preston?
Homes typically spend 188 days on market before going under contract.
Is Preston a buyer's or seller's market?
With 7.3 months of supply, Preston is currently a buyer's market.
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