Preston, OK Foreclosures
How much do homes sell for in Preston, OK?
The average home price is currently $136,440.
What’s the average rental cost in Preston, OK?
The average rental price in Preston is $1,052.
What is the most expensive home in Preston?
The most expensive home sold in Preston had a price of $232,481.
What is currently the cheapest priced home in Preston, OK?
The cheapest home for sale in Preston is priced at $65,175.
Living in Preston, OK
Preston, OK is a quaint small town offering a serene lifestyle perfect for families and retirees alike. With its beautiful natural surroundings and a strong sense of community, Preston boasts essential amenities that cater to daily needs. The town's friendly atmosphere and low cost of living make it a sought-after location for those seeking peace and tranquility.
Current Market Conditions in Preston, OK
The current real estate market in Preston, OK is characterized by a mix of stable pricing and modest appreciation rates. While the market is not overly saturated, homes tend to sell relatively quickly, indicating a demand for housing in the area. Specific segments, particularly affordable single-family homes and investment properties, are gaining popularity among buyers, reflecting the community's attraction for young families and retirees alike.
In recent months, there has been an increase in the number of properties available for sale, providing buyers with more options. However, inventory remains limited compared to other regions, which continues driving prices upward but at a manageable pace.
Home Value Estimator For Preston, OK
There are currently 18 real estate properties
in Preston, OK,
with a median automated valuation model (AVM) price
of $127,420.00. 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, OK, 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, OK,
is $136,440.00, with the most expensive house
in Preston, OK, topping out
at $232,481.00 and the cheapest home
in Preston, OK,
clocking in at $65,175.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Preston, OK!
Rent Prices
In Preston, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Preston, OK, is on
a rollercoaster ride. The
average rent price in Preston, OK,
is $1,052.00. Indeed, when looking to rent in
Preston, OK, you can expect to pay as little
as $840.00 or as much
as $1,290.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Preston, OK
-- 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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