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Foreclosure Homes in Preston, CT

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Preston, CT Foreclosures

How much do homes sell for in Preston, CT?
The average home price is currently $441,650.
In Preston, CT, how many homes are available?
There are currently 5 active home listings available in Preston.
What’s the average rental cost in Preston, CT?
The average rental price in Preston is $1,851.
What is the most expensive home in Preston?
The most expensive home sold in Preston had a price of $8,000,000.
What is currently the cheapest priced home in Preston, CT?
The cheapest home for sale in Preston is priced at $15,921.

Living in Preston, CT

Preston, CT is a quaint and scenic town offering a blend of rural charm and community warmth. With plenty of outdoor activities and rich historical sites, it provides a great lifestyle for families and nature lovers alike. The town maintains a close-knit community vibe, perfect for those seeking a quieter living environment.

Current Market Conditions in Preston, CT

Currently, Preston demonstrates a balanced real estate market with moderate growth. Home prices have shown a steady increase as more buyers discover the benefits of living in this serene town, including spacious properties and beautiful natural surroundings. While inventory remains limited, demand persists, driven by the desire for a tranquil rural lifestyle with convenient access to urban amenities.

Potential buyers can expect a diverse range of properties, from classic colonial homes to modern construction, making the market attractive for various demographics. The area also sees interest from investors looking for rental properties that cater to those commuting to nearby cities.

Home Value Estimator For Preston, CT

There are currently 2,111 real estate properties in Preston, CT, with a median automated valuation model (AVM) price of $399,293.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Preston, CT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Preston, CT, is $441,650.00, with the most expensive house in Preston, CT, topping out at $8,000,000.00 and the cheapest home in Preston, CT, clocking in at $15,921.00. In other words, there’s something for every potential homebuyer or savvy investor in Preston, CT!

Rent Prices In Preston, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Preston, CT, is on a rollercoaster ride. The average rent price in Preston, CT, is $1,851.00. Indeed, when looking to rent in Preston, CT, you can expect to pay as little as $990.00 or as much as $4,000.00, with the average rent median estimated to be $1,890.00. The good news is that finding an affordable and desirable property to rent in Preston, CT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Preston, CT Foreclosures


Market Trend for Preston, CT

Total Listings Available: 5

Market Values:

Home Prices from $15,921 to $8,000,000

Average Sales Price: $441,650

Rental Values:

Rental from $990 to $4,000

Average Rent Value: $1,851 / month

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