33 homes sold in Preston in the last year, at a typical $396K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Preston homes are listed.
Every place Preston homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Preston.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 88% of Preston’s sales, at a typical $440K
33 homes sold in the year to May 2026.
typical sale · 29 sold in 12 months
- Per square foot
- $219TX $173
- Days to sell
- 81
- Sold over asking
- 7%
- Listings with a price cut
- 27%
Condos: 4 sold, typical $211K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 3.6 times the 2016 price
33 sales in the last year, against 63 in 2019 and a low of 28 in 2012. The typical sale went from $110K in 2016 to $396K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in Preston
Check a listing against what Preston homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Preston are back to pre-pandemic levels, and more homes are for sale
We read every month of Preston’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 33 sales.
If you’re buying in Preston
- Shop in March. It brings about 8 new listings a month, close to the busiest month, with fewer bidding wars (10% over asking).
- You can negotiate. 27% of listings have cut their price, against 23% before the pandemic.
- Offer under asking. Buyers paid 94.6% of the list price on average; 6% paid over.
- You’ll usually have time. Only 30% of homes go under contract within two weeks; the typical one takes 97 days.
Spring brings both the most homes and the most bidding wars
March has the most new listings (about 8 a month), but May is the most competitive: 21% of May sales close over asking. August has the least competition (4%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Texas
| Preston now | 2017–19 | 2021 peak | TX now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 6% | 9% | 20% | 12% |
| Gone within two weeksShare of homes under contract within 14 days | 30% | 23% | 49% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 27% | 23% | 19% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 94.6% | 93.1% | 96.6% | 96.9% |
| Days to sellMedian days from listing to contract | 97 | 98 | 41 | 71 |
34 homes for sale on a typical day
That’s 2.4 times the 2021 low (14), 35% more than in 2017–19 and well under 2013’s 44.
1 in 4 listings has cut its price
27% in the last year, against 23% in 2017–19 and 30% across Texas.
Since 2019, houses are up 216%, condos 46%
A house typically sold for $440K in the last year (29 sales), a condo for $211K (4).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Preston home costs about $2,245 a month
Price: Preston’s typical sale, last 12 months. Property tax at Preston’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Preston is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. November has the fewest, about 4.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $396K home, about $2,150 a year.
Taxes vs. neighborsSchools
The schools grade for Preston, from test results, graduation and how much students grow.
Schools in PrestonCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Pottsboro, Denison, Sherwood Shores, Colbert, Calera and Sherman sell for less a square foot
The busier markets within 25 miles of Preston, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Sherman | 736 | $282K | $156 | 11% | 83 |
| Denison | 367 | $220K | $152 | 17% | 85 |
| Pottsboro | 56 | $407K | $195 | 7% | 85 |
| Calera | 36 | $216K | $154 | 22% | 61 |
| Preston | 33 | $396K | $206 | 6% | 97 |
| Sherwood Shores | 27 | $177K | $160 | 4% | 119 |
| Colbert | 22 | $177K | $134 | 18% | 175 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Preston, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Preston. People who follow the town see it, and so do people comparing Preston with their own town. No commission, no listing fee.
Questions about buying a home in Preston
What do homes sell for in Preston, TX?
33 homes sold in the year to May 2026 at a typical $396K, $206 a square foot.
Is Preston a buyer’s or seller’s market?
A buyer’s market: 42 homes were for sale in May 2026 and 5 sold, about 8.4 months of supply. Buyers paid 94.6% of asking on average, and 27% of listings cut their price.
When is the best time to buy in Preston?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Preston?
About 0.5% of a home’s value a year. On a $396K home that’s near $2,150.
Where can I see homes for sale in Preston?
Zillow, Redfin, Realtor.com and Homes.com all carry Preston’s MLS listings; the search links above open each one filtered to Preston.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).