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Foreclosure Homes in Preston, WA

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Preston, WA Foreclosures

Current Market Conditions in in Preston, WA As of March 2026?
Over the past month, the Preston real estate market has seen a slight uptick in home prices, as more buyers enter the market taking advantage of the favorable interest rates. Inventory remains low, which is continuing to drive prices up and making it a seller's market. Days on the market have decreased, suggesting heightened competition among buyers.
How much do homes sell for in Preston, WA?
The average home price is currently $1,320,356.
In Preston, WA, how many homes are available?
There are currently 1,542 active home listings available in Preston.
What’s the average rental cost in Preston, WA?
The average rental price in Preston is $2,754.
What is the most expensive home in Preston?
The most expensive home sold in Preston had a price of $7,870,434.
What is currently the cheapest priced home in Preston, WA?
The cheapest home for sale in Preston is priced at $280,468.

Living in Preston, WA

Preston, WA is a peaceful and picturesque town known for its beautiful natural landscape and family-friendly atmosphere. It provides an array of outdoor activities and is set within a thriving school district, making it an excellent choice for families. The community boasts easy access to major highways and is just a short drive from the vibrant city of Seattle.

Buyer vs Seller Market in Preston, WA

The real estate market in Preston, WA is currently characterized by a strong demand for homes, driven by its proximity to Seattle and its appealing rural lifestyle. Homes are being sold quickly, often above the asking price, reflecting a competitive market. Investors and families alike are showing interest, contributing to the area’s growth.

As the demand continues to rise, new developments are being planned to accommodate the influx of new residents. However, inventory remains tight, pushing potential homebuyers to act swiftly when they find a property that suits their needs.

Home Value Estimator For Preston, WA

There are currently 107 real estate properties in Preston, WA, with a median automated valuation model (AVM) price of $1,150,853.00. 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, WA, 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, WA, is $1,320,356.00, with the most expensive house in Preston, WA, topping out at $7,870,434.00 and the cheapest home in Preston, WA, clocking in at $280,468.00. In other words, there’s something for every potential homebuyer or savvy investor in Preston, WA!

Rent Prices In Preston, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Preston, WA, is on a rollercoaster ride. The average rent price in Preston, WA, is $2,754.00. Indeed, when looking to rent in Preston, WA, you can expect to pay as little as $1,670.00 or as much as $4,370.00, with the average rent median estimated to be $2,710.00. The good news is that finding an affordable and desirable property to rent in Preston, WA -- 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, WA Foreclosures


Market Trend for Preston, WA

Total Listings Available: 1,542

Market Values:

Home Prices from $280,468 to $7,870,434

Average Sales Price: $1,320,356

Rental Values:

Rental from $1,670 to $4,370

Average Rent Value: $2,754 / month

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