Housing in Preston, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$176,000
Median List Price
$284,999
Price Per Sq Ft
$139
Days on Market
115
Active Inventory
1
Months of Supply
1.0
Seller's market
Zillow Home Value
$245,023
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
100.6%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$139
Median List $/SF
$93
Preston vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Preston 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
$169,600
Median Rent
$649
Total Housing Units
622
Vacancy Rate
8.2%
Owner Occupied
72.8%
Renter Occupied
27.1%
Median Property Tax
$1,825
per year
Monthly Cost (w/ Mortgage)
$942
Housing Types
The current median sale price in Preston, MN is $176,000 according to Redfin data. Homes spend a median of 115 days on the market. 100.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $139. The median rent is $649 per month (Census ACS). About 72.8% of housing units are owner-occupied. The median year homes were built is 1962. There are 622 total housing units.