$1,413 Closing Credit*
$119,000
1,296 SqFt
3 Beds
•2 Full Baths
Dana Olson, Listing Office: Gateway Realty Group
Housing Prices in Preston, IA
How much do homes in Preston, IA cost?
Median List Price
$154,900
$89/sqft
Based on all homes listed in the last 12 months.
Difference Since December 2023
-$35,050(-18.5%)
Key Takeaway
The list price of homes in Preston has decreased by 18.5% since last year.
Summary: The median home list price in Preston was $154,900 in December 2024, down 18.5% from the previous year, and the median price per square foot was $89.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $35K | $151.9K | +334.1% |
| 3 Bedrooms | $212.5K | $145.4K | -31.6% |
| 4 Bedrooms | $288.5K | $189.9K | -34.2% |
| 5+ Bedrooms | $204.9K | - | N/A |
Summary: Preston housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 334.1%, 3 bedroom homes decreased by 31.6%, 4 bedroom homes decreased by 34.2%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Van Buren Township | $166K | $145.4K | -12.4% |
| Preston | $189.9K | $154.9K | -18.5% |
Housing Supply in Preston, IA
How many homes are available in Preston, IA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Summary: The Preston real estate market had 7 homes for sale in December 2024, a 40.0% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Preston housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Days on Market for Preston, IA
How long does it take to sell a home in Preston, IA?
Average Listing Age
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 158 Days | 60 Days | -61.9% |
Summary: Homes in Preston had an average listing age of 60 days in Dec 2024, down by 61.9% compared to the previous year.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.