Preston, TX Housing Market & Real Estate
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?
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
| Metric | Value |
|---|---|
| Median sale price | $190,000 |
| Median list price | $362,450 |
| Year-over-year price change | -40.3% |
| Average days on market | 20 days |
| Active inventory | 27 listings |
| Months of supply | 27.0 months |
| Sale-to-list price ratio | 96.5% |
| 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 $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
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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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