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Multi-family Foreclosures in Preston, MS

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Preston, MS Foreclosures

Current Market Conditions in in Preston, MS As of February 2026?
Over the past month, Preston's real estate market has shown signs of both resilience and modest growth. With several homes being sold significantly above the asking price, the demand has prompted sellers to be more strategic about listing prices. New listings are getting snapped up quickly, indicating a healthy level of interest from prospective buyers. Open houses and showings have increased, highlighting a revitalized enthusiasm in the market among both buyers and sellers alike.
How much do homes sell for in Preston, MS?
The average home price is currently $135,643.
What’s the average rental cost in Preston, MS?
The average rental price in Preston is $914.
What is the most expensive home in Preston?
The most expensive home sold in Preston had a price of $634,000.
What is currently the cheapest priced home in Preston, MS?
The cheapest home for sale in Preston is priced at $31,238.

Living in Preston, MS

Preston, MS, is a quaint small town that offers a peaceful lifestyle characterized by friendly neighbors and a close-knit community. Surrounded by scenic countryside, Preston is ideal for those seeking tranquility and outdoor adventures in nature. The town's charm lies in its historical roots and family values.

Buyer vs Seller Market in Preston, MS

The real estate market in Preston has remained stable over the past few months, with a steady demand for affordable housing options. Homes in Preston are often appealing to first-time buyers and families looking for a peaceful lifestyle. Prices have seen a slight increase due to low inventory, making it competitive but still accessible for many.

Currently, Preston is experiencing a trend towards more families moving into the area, seeking the community's charm and safety. The local markets have seen increased interest, leading to a market that is slowly shifting towards favoring sellers.

Home Value Estimator For Preston, MS

There are currently 467 real estate properties in Preston, MS, with a median automated valuation model (AVM) price of $105,965.00. 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 $135,643.00, 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 $914.00. 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 $880.00. 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.

Preston, MS Multi-family Homes


Market Trend for Preston, MS

Total Listings Available: 0

Market Values:

Home Prices from $31,238 to $634,000

Average Sales Price: $135,643

Rental Values:

Rental from $530 to $1,880

Average Rent Value: $914 / month

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