Is Preston, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Preston is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Preston was a Seller's Market.

Key Takeaway

Preston is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Preston, WI

How much do homes in Preston, WI cost?

Median Sold Price

$200,000

$125/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$90,000(-31.0%)

Key Takeaway

Homes in Preston have sold for 31% less than they did a month ago.

Summary: The median home sold price in Preston was $200,000 in November 2024, down 31% from last month, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $176K-
N/A
3 $290K-
N/A
4 -$200K
N/A
5+ --
N/A

Summary: Preston housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Preston, WI

How many homes are available in Preston, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1412-14.3%

Summary: The Preston real estate market had 12 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 77
0.0%
4 11
0.0%
5+ 00
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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Preston, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Preston in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Preston, WI

We’re sorry, we don't have information for this market at the moment

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 Preston, WI

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