Housing Prices in Prestonwood, TX

How much do homes in Prestonwood, TX cost?

Median List Price

$699,000

$266/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$49,500(+7.6%)

Key Takeaway

The list price of homes in Prestonwood has increased by 7.6% since last year.

Summary: The median home list price in Prestonwood was $699,000 in October 2024, up 7.6% from the previous year, and the median price per square foot was $266.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $179K$177K
-1.1%
2 $215K$215K
0.0%
3 $549.5K$597K
+8.6%
4 $795K$750K
-5.7%
5+ $936.5K$1.0M
+8.1%

Summary: Prestonwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes did not change, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 8.1%.

Median List Price Compared To Nearby Neighborhoods

Prestonwood
+7.6%
Prestonwood Estates
+4.5%
North Dallas
+2.3%

Housing Supply in Prestonwood, TX

How many homes are available in Prestonwood, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2937+27.6%

Summary: The Prestonwood real estate market had 37 homes for sale in October 2024, a 27.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 44
0.0%
3 66
0.0%
4 1421
+50.0%
5+ 24
+100.0%

Summary: The Prestonwood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Days on Market for Prestonwood, TX

How long does it take to sell a home in Prestonwood, TX?

Average Listing Age

Oct 2023Oct 2024CHANGE
79 Days66 Days-16.0%

Summary: Homes in Prestonwood had an average listing age of 66 days in Oct 2024, down by 16% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Prestonwood, TX

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