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Foreclosure Homes in Preston, IA 52069

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Preston, IA Foreclosures

How much do homes sell for in Preston, IA?
The average home price is currently $272,323.
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, a small town in eastern Iowa, offers a peaceful, rural lifestyle with a close-knit community. Surrounded by beautiful landscapes and farmland, it is perfect for those seeking tranquility away from urban hustle. Residents enjoy a variety of outdoor activities and access to essential amenities within a short drive.

Current Market Conditions in Preston, IA

The real estate market in Preston has seen a modest increase in interest recently, driven by individuals seeking affordable housing options in rural areas. Properties in the town are generally priced to attract first-time homebuyers and retirees looking for a quieter lifestyle away from more densely populated urban centers.

The trend towards remote work has also contributed to a steady demand for homes in Preston, as people can work from home while enjoying the peace and tranquility of rural living. Many buyers appreciate the small-town charm and the opportunity to own larger properties at reasonable prices.

Home Value Estimator For Preston, IA

There are currently 763 real estate properties in Preston, IA, with a median automated valuation model (AVM) price of $215,793.00. 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 $272,323.00, 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.

Preston, IA 52069 Foreclosures


Market Trend for Preston, IA

Total Listings Available: 10

Market Values:

Home Prices from $14,560 to $5,090,200

Average Sales Price: $272,323

Rental Values:

Rental from $890 to $3,240

Average Rent Value: $1,366 / month

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