Preston, IA Foreclosures
How much do homes sell for in Preston, IA?
The average home price is currently $246,667.
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 $5,115,400.
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 tight-knit community that offers a peaceful small-town lifestyle with access to stunning outdoor spaces and recreational activities. The area is known for its friendly residents and local events that foster community spirit. With convenient access to nearby larger cities, Preston combines the tranquility of rural living with modern amenities.
Current Market Conditions in Preston, IA
The real estate market in Preston has been steadily improving, with increasing interest from buyers looking for affordable homes in a friendly community. Homes here typically sell at reasonable prices compared to larger urban areas, making it an attractive option for first-time homebuyers, retirees, and families.
Over the past few months, the demand for homes in Preston has increased as families seek more space and a quieter lifestyle away from the hustle and bustle of city life. This trend has created a favorable market for sellers, and properties are selling faster as buyers compete for available listings.
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 $201,742.00. 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 $246,667.00, with the most expensive house
in Preston, IA, topping out
at $5,115,400.00 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
