Preston, MN is a small town located in Minnesota with a median housing value of $225,300. This is significantly less than the US median housing value of $338,100. Over the past year, house appreciation in Preston has been 6.78%, which is about two points lower than the US 1 year House Appreciation of 8.27%. Despite this discrepancy, residents of Preston can be confident that their investments in their homes will continue to appreciate at a steady rate.
The median home cost in Preston is $225,300. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Preston is up 11.4%.
Average Age of Homes
- The median age of Preston real estate is 62 years old
The Rental Market in Preston
- Renters make up 19.6% of the Preston population
- 1.2% of houses and apartments in Preston, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.