Housing in Preston Heights, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$204,500

Median List Price

$234,000

Price Per Sq Ft

$190

Days on Market

109

Active Inventory

11

Months of Supply

5.5

Balanced market

Price Trends

Source: Redfin
Sale Price 31.2%List Price 23.5%Apr 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

71.4%

Sale-to-List Ratio

100.0%

Seller's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
71.4%
Listings with Price Drops
18.2%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

5

Pending Sales

7

Homes Sold 100.0%New Listings 25.0%Pending 250.0%Apr 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$190

Median List $/SF

$173

Sale $/SF 0.5%List $/SF 21.8%Apr 24Jan 26

Preston Heights vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Preston Heights is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$141,400

Median Rent

$1,232

Total Housing Units

1,025

Vacancy Rate

6.3%

Owner Occupied

58.6%

Renter Occupied

41.4%

Median Property Tax

$1,942

per year

Monthly Cost (w/ Mortgage)

$1,048

Housing Types

Single Family
69.2%
Multi-Family
19.0%
Mobile Home
11.8%

The current median sale price in Preston Heights, IL is $204,500 according to Redfin data. Homes spend a median of 109 days on the market. 0.0% of homes sold above asking price. The market has 5.5 months of supply. The median price per square foot is $190. The median rent is $1,232 per month (Census ACS). About 58.6% of housing units are owner-occupied. The median year homes were built is 1966. There are 1,025 total housing units.