Preston, MO Foreclosures
Current Market Conditions in in Preston, MO As of February 2026?
In the past month, the Preston real estate market has seen slight movements, with a steady increase in home sales as buyers become more confident in the market. Listings have begun to rise as sellers respond to the increased demand, but prices remain steady as buyers navigate the competitive landscape. While still affordable, prospective buyers will need to act quickly to secure properties in this desirable area.
How much do homes sell for in Preston, MO?
The average home price is currently $255,582.
What’s the average rental cost in Preston, MO?
The average rental price in Preston is $1,140.
What is the most expensive home in Preston?
The most expensive home sold in Preston had a price of $601,873.
What is currently the cheapest priced home in Preston, MO?
The cheapest home for sale in Preston is priced at $28,489.
Living in Preston, MO
Preston, MO is a quaint town that epitomizes small-town living with its friendly community atmosphere and access to natural landscapes. Locals enjoy outdoor activities like fishing and hiking while benefiting from essential amenities within reach. This town is perfect for families and retirees seeking a peaceful lifestyle in a rural setting.
Buyer vs Seller Market in Preston, MO
The current real estate market in Preston, MO, reflects a stable trend with a balance of supply and demand. With the appeal of rural living, more buyers are gravitating towards small towns like Preston, leading to gradual price increases. Homes are still relatively affordable compared to urban areas, which draws many first-time homebuyers and investors.
Over the last year, Preston has seen an increase in demand for housing, which has resulted in a tight market. Inventory levels are lower, causing price appreciation as buyers compete for a limited selection of properties. The town's appeal, combined with favorable financing options, has reinforced the upward trajectory of home values.
Home Value Estimator For Preston, MO
There are currently 171 real estate properties
in Preston, MO,
with a median automated valuation model (AVM) price
of $220,863.00. 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, MO, 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, MO,
is $255,582.00, with the most expensive house
in Preston, MO, topping out
at $601,873.00 and the cheapest home
in Preston, MO,
clocking in at $28,489.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Preston, MO!
Rent Prices
In Preston, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Preston, MO, is on
a rollercoaster ride. The
average rent price in Preston, MO,
is $1,140.00. Indeed, when looking to rent in
Preston, MO, you can expect to pay as little
as $980.00 or as much
as $1,300.00,
with the average rent median estimated to
be $980.00. The good news is that finding
an affordable and desirable property to rent in Preston, MO
-- 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.
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