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 20 Days Ago

Newest Listings in Prestonwood, TX

Nearby Markets to Prestonwood, TX