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Foreclosures in Preston, WA

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Preston, WA Foreclosures

How much do homes sell for in Preston, WA?
The average home price is currently $1,266,204.
In Preston, WA, how many homes are available?
There are currently 1,565 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 $2,777,862.
What is currently the cheapest priced home in Preston, WA?
The cheapest home for sale in Preston is priced at $289,858.

Living in Preston, WA

Preston, WA, offers a serene lifestyle amidst beautiful natural surroundings, making it an excellent choice for those seeking tranquility while remaining accessible to urban conveniences. With its outdoor recreational opportunities, family-friendly community, and unique local shops, Preston is a hidden gem in King County.

Current Market Conditions in Preston, WA

The Preston real estate market has seen a steady increase in both home values and demand over the past few months. As more buyers are attracted to the peaceful and scenic environment, inventory remains relatively low, prompting competitive bidding for available properties.

The trend towards remote working and the desire for more spacious living environments has pushed potential homeowners to seek properties in suburban areas like Preston. This shifting demographic has contributed to an uptick in market activity, with homes selling faster than in previous years.

Home Value Estimator For Preston, WA

There are currently 99 real estate properties in Preston, WA, with a median automated valuation model (AVM) price of $1,130,388.00. 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 $1,266,204.00, with the most expensive house in Preston, WA, topping out at $2,777,862.00 and the cheapest home in Preston, WA, clocking in at $289,858.00. 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


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