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Featured local agent — Preston, TX
Sarah Mitchell
Compass Real Estate · Preston, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Preston, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$550,000median sale price
How is the Preston, TX housing market right now?
The median home sale price in Preston, TX is $550,000, up 197.3% year-over-year. Homes sell in an average of 105 days with 42 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Preston a buyer's or seller's market?
Preston, TX is currently a buyer's market, based on 8.4 months of supply and homes selling in about 105 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
105
Average pace
Active listings
42
8.4 months supply
Sale-to-list
93.5%
Below asking
What does the Preston housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $550,000 |
| Median list price | $375,000 |
| Year-over-year price change | +197.3% |
| Average days on market | 105 days |
| Active inventory | 42 listings |
| Months of supply | 8.4 months |
| Sale-to-list price ratio | 93.5% |
| Median price per sq ft | $235/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 7 |
| Listings with a price cut | 33.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Preston by property type?
How the Preston, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $550,000 | $235/sq ft | 5 | 105 days |
| Condo / Co-op | $190,000 | $152/sq ft | 1 | 20 days |
Source: Redfin · Updated monthly
The Preston housing market is currently classified as a buyer's market with a median sale price of $550,000. Prices have risen 197.3% compared to last year, with homes spending an average of 105 days on market, indicating 8.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Preston
There are currently 42 homes listed for sale in Preston, Texas. The median listing price is $375K.
Active listings
42
Homes on market
Median list price
$375K
Avg. days on market
105
Days until sale
New this week
7
Newly listed
Who lives in Preston?
Population
1,617
Median income
$64,803/yr
Median age
52 years
Owner-occupied
67.9%
College grads
11.3%
Avg commute
38.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Preston?
Preston is a community of approximately 2K residents with a median age of 52 years.The median household income is $64,803, which represents a working-class community with solid middle-income opportunities. 11.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 67.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 38.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Preston offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Preston, TX?
Want a head-to-head view? Compare Preston side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Preston?
The median home sale price in Preston is $550,000, up 197.3% from last year.
How long do homes stay on market in Preston?
Homes typically spend 105 days on market before going under contract.
What is the median income in Preston?
The median household income is $64,803 per year.
Is Preston a buyer's or seller's market?
With 8.4 months of supply, Preston is currently a buyer's market.
What is the median condo price in Preston?
The median condo/co-op sale price in Preston, TX is $190,000, compared to $550,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Preston?
The median single-family home price in Preston, TX is $550,000 (about $235 per square foot).
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