Living in Preston, MS
Preston, MS, is a quaint Southern town that offers a warm community atmosphere and a range of outdoor activities. Known for its scenic beauty and rich history, Preston is ideal for those seeking a peaceful lifestyle with access to nature. The town balances small-town charm with convenient amenities, making it an attractive place to call home.
Current Market Conditions in Preston, MS
The real estate market in Preston has shown signs of stability over the past few years, with a steady demand for affordable homes. As more individuals and families look to escape the hustle and bustle of larger cities, Preston's charm is becoming increasingly attractive. Housing prices remain relatively low compared to urban areas, making it an enticing opportunity for first-time buyers and investors alike.
Current trends indicate a growing interest in rural properties, particularly among those looking for more land. Many buyers are seeking homes with outdoor space, leading to a surge in demand for properties that can accommodate such requests. This trend may contribute to gradual price appreciations in the coming years.
Home Value Estimator For Preston, MS
There are currently 417 real estate properties
in Preston, MS,
with a median automated valuation model (AVM) price
of $110,208.00. 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, MS, 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, MS,
is $135,556.00, with the most expensive house
in Preston, MS, topping out
at $634,000.00 and the cheapest home
in Preston, MS,
clocking in at $31,238.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Preston, MS!
Rent Prices
In Preston, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Preston, MS, is on
a rollercoaster ride. The
average rent price in Preston, MS,
is $913.00. Indeed, when looking to rent in
Preston, MS, you can expect to pay as little
as $530.00 or as much
as $1,880.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Preston, MS
-- 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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