$891 Closing Credit*
$75,000
1,848 SqFt
4 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
$159,950
$91/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
-$30,000(-15.8%)
Key Takeaway
The list price of homes in Preston has decreased by 15.8% since last year.
Summary: The median home list price in Preston was $159,950 in November 2024, down 15.8% from the previous year, and the median price per square foot was $91.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $35K | $151.9K | +334.1% |
| 3 Bedrooms | $212.5K | $154.9K | -27.1% |
| 4 Bedrooms | $288.5K | $189.9K | -34.2% |
| 5+ Bedrooms | $204.9K | - | N/A |
Summary: Preston housing prices by bedroom type for November 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 27.1%, 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 | $159.9K | -15.8% |
Housing Supply in Preston, IA
How many homes are available in Preston, IA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Summary: The Preston real estate market had 5 homes for sale in November 2024, a 66.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Preston housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 158 Days | 83 Days | -47.2% |
Summary: Homes in Preston had an average listing age of 83 days in Nov 2024, down by 47.2% compared to the previous year.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.