Preston, TX Housing Market & Real Estate

Buyer's market-40.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Preston, TX is $190,000, down 40.3% year-over-year. Homes sell in an average of 20 days with 27 active listings. The market is currently a buyer's market.

$190,000median sale price

Is Preston a buyer's or seller's market?

Buyer's market27.0 months of supply20 avg. days on market

Preston, TX is currently a buyer's market, based on 27.0 months of supply and homes selling in about 20 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

20

Fast-moving

Active listings

27

27.0 months supply

Sale-to-list

96.5%

Below asking

Preston, TX market data

Current housing market statistics for Preston, TX
MetricValue
Median sale price$190,000
Median list price$362,450
Year-over-year price change-40.3%
Average days on market20 days
Active inventory27 listings
Months of supply27.0 months
Sale-to-list price ratio96.5%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Preston housing market is currently classified as a buyer's market with a median sale price of $190,000. Prices have fallen 40.3% compared to last year, with homes spending an average of 20 days on market, indicating 27.0 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 27 homes listed for sale in Preston, Texas. The median listing price is $362K.

Active listings

27

Homes on market

Median list price

$362K

Avg. days on market

20

Days until sale

New this week

8

Newly listed

Price drops:22.2%of listings
Sale-to-list:96.5%

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Frequently asked questions

What is the average home price in Preston?

The median home sale price in Preston is $190,000, down 40.3% from last year.

How long do homes stay on market in Preston?

Homes typically spend 20 days on market before going under contract.

Is Preston a buyer's or seller's market?

With 27.0 months of supply, Preston is currently a buyer's market.

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