Housing in Preston, TX

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$989,500

Median List Price

$499,900

Price Per Sq Ft

$301

Days on Market

123

Active Inventory

24

Months of Supply

12.0

Buyer's market

Price Trends

Source: Redfin
Sale Price 70.6%List Price 35.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

97.9%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
33.3%
Listings with Price Drops
16.7%

Market Activity

Source: Redfin

Homes Sold

2

New Listings

5

Pending Sales

3

Homes Sold 33.3%New Listings 61.5%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$301

Median List $/SF

$205

Sale $/SF 23.6%List $/SF 4.1%Mar 24Jan 26

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

$184,600

Median Rent

$1,704

Total Housing Units

1,336

Vacancy Rate

45.9%

Owner Occupied

67.9%

Renter Occupied

32.1%

Median Property Tax

$1,327

per year

Monthly Cost (w/ Mortgage)

$1,002

Housing Types

Single Family
55.2%
Multi-Family
1.4%
Mobile Home
43.4%

The current median sale price in Preston, TX is $989,500 according to Redfin data. Homes spend a median of 123 days on the market. 0.0% of homes sold above asking price. The market has 12.0 months of supply. The median price per square foot is $301. The median rent is $1,704 per month (Census ACS). About 67.9% of housing units are owner-occupied. The median year homes were built is 1992. There are 1,336 total housing units.