The housing market in Preston, PA has been steadily increasing over the past year. The median value of houses in Preston is $243,300 which is significantly lower than the US median value of $338,100. Despite this difference in values, Preston has seen a higher appreciation rate of 9.37% compared to the national appreciation rate of 8.27%. This indicates that homes in Preston are becoming more valuable at a faster pace than the rest of the country, making it an attractive option for potential homeowners.
The median home cost in Preston is $243,300. Home appreciation the last 10 years has been 56.9%. Home Appreciation in Preston is up 15.2%.
Average Age of Homes
- The median age of Preston real estate is 54 years old
The Rental Market in Preston
- Renters make up 7.8% 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.