The housing market in Preston, MO is thriving. The median value of a house in the area is $161,300, which is significantly less than the US house median value of $338,100. However, what really sets Preston apart from other places is its impressive 1 year house appreciation rate of 16.70%, which is nearly double the US average of 8.27%. This shows that there are great financial opportunities to be had in the area by investing in property.
The median home cost in Preston is $161,300. Home appreciation the last 10 years has been 92.0%. Home Appreciation in Preston is up 20.0%.
Average Age of Homes
- The median age of Preston real estate is 35 years old
The Rental Market in Preston
- Renters make up 27.9% of the Preston population
- 0.0% 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.