Housing Prices in Prestonwood, TX

How much do homes in Prestonwood, TX cost?

Median List Price

$699,000

$269/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$49,000(+7.5%)

Key Takeaway

The list price of homes in Prestonwood has increased by 7.5% since last year.

Summary: The median home list price in Prestonwood was $699,000 in November 2024, up 7.5% from the previous year, and the median price per square foot was $269.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $179K$182K
+1.7%
2 $215K$215K
0.0%
3 $549K$612.4K
+11.6%
4 $799K$750K
-6.1%
5+ $862.5K$937.5K
+8.7%

Summary: Prestonwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes did not change, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 8.7%.

Median List Price Compared To Nearby Neighborhoods

Prestonwood Estates
+7.8%
Prestonwood
+7.5%
North Dallas
0.4%

Housing Supply in Prestonwood, TX

How many homes are available in Prestonwood, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3738+2.7%

Summary: The Prestonwood real estate market had 38 homes for sale in November 2024, a 2.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 56
+20.0%
3 77
0.0%
4 1819
+5.6%
5+ 54
-20.0%

Summary: The Prestonwood 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 increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 20%.

Days on Market for Prestonwood, TX

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

Average Listing Age

Nov 2023Nov 2024CHANGE
88 Days79 Days-9.9%

Summary: Homes in Prestonwood had an average listing age of 79 days in Nov 2024, down by 9.9% compared to the previous year.

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

Report Updated 21 Days Ago

Newest Listings in Prestonwood, TX

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