Preston, IA Foreclosures
How much do homes sell for in Preston, IA?
The average home price is currently $250,140.
In Preston, IA, how many homes are available?
There are currently 10 active home listings available in Preston.
What’s the average rental cost in Preston, IA?
The average rental price in Preston is $1,366.
What is the most expensive home in Preston?
The most expensive home sold in Preston had a price of $5,090,200.
What is currently the cheapest priced home in Preston, IA?
The cheapest home for sale in Preston is priced at $14,560.
Living in Preston, IA
Preston, IA, is a quaint small town known for its community spirit and outdoor activities. With a peaceful ambiance, it offers a great quality of life away from the hustle of urban areas. Key amenities and recreational options contribute to a comfortable lifestyle for families and individuals alike.
Current Market Conditions in Preston, IA
The Preston real estate market is characterized by stable prices and a variety of housing options ranging from quaint single-family homes to larger properties with land. Due to the town's small size, there are fewer homes on the market, which often leads to a competitive environment for buyers. The local housing market is noted for its affordability compared to larger urban centers in Iowa, making it attractive to first-time homebuyers and retirees alike.
Overall, current market conditions in Preston suggest a healthy balance between supply and demand, with homes selling relatively quickly. The trend indicates that there is interest in the area, driven by its community amenities and the appeal of rural living.
Home Value Estimator For Preston, IA
There are currently 649 real estate properties
in Preston, IA,
with a median automated valuation model (AVM) price
of $202,514.00. 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, IA, 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, IA,
is $250,140.00, with the most expensive house
in Preston, IA, topping out
at $5,090,200.00 and the cheapest home
in Preston, IA,
clocking in at $14,560.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Preston, IA!
Rent Prices
In Preston, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Preston, IA, is on
a rollercoaster ride. The
average rent price in Preston, IA,
is $1,366.00. Indeed, when looking to rent in
Preston, IA, you can expect to pay as little
as $890.00 or as much
as $3,240.00,
with the average rent median estimated to
be $1,320.00. The good news is that finding
an affordable and desirable property to rent in Preston, IA
-- 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.
Learn more on Foreclosure homes
