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Housing in Preston

24 homes sold in Preston in the last year, at a typical $231K

Redfin reports Preston’s sales by ZIP code, so these figures are for ZIP 54616, which takes in Preston and the area around it. Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Preston homes are listed.

Homes sold
24
ZIP 54616 · October 2025 to September 2026
Typical sale price
$231K
median, weighted by sales
Price per square foot
$136
Wisconsin $195
Paid vs. asking
95.4%
22% sold over asking
For sale now
10
September 2026 · 2 sold that month
What sold · last 12 months · ZIP 54616

Houses are 0% of Preston’s sales, at a typical — (year to May 2026)

24 homes sold in the year to September 2026.

14 years of sales

About as many homes sell as usual, at 2.7 times the 2016 price

24 sales in the last year, against 35 in 2024 and a low of 14 in 2018. The typical sale went from $85K in 2016 to $231K.

Homes soldTypical sale price
012253750$75K$150K$225K$300K2012: 16 sold, typical $72K’122013: 14 sold, typical $69K2014: 21 sold, typical $93K’142015: 18 sold, typical $135K2016: 27 sold, typical $85K’162017: 23 sold, typical $105K2018: 14 sold, typical $107K’182019: 17 sold, typical $94K2020: 26 sold, typical $104K’202021: 28 sold, typical $156K2022: 15 sold, typical $178K’222023: 20 sold, typical $189K2024: 35 sold, typical $178K’242025: 25 sold, typical $195KLast 12 months: 24 sold, typical $231KNow

Source: Redfin Data Center, MLS sales; for ZIP 54616, which takes in Preston and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Preston are more common than before the pandemic, but 46% fewer homes come up for sale

We read every month of home sales in ZIP 54616 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 September 2026, 24 sales.

If you’re buying in Preston

  • Shop in August. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
  • Offer under asking. Buyers paid 95.4% of the list price on average; 22% paid over.
  • You’ll usually have time. Only 39% of homes go under contract within two weeks; the typical one takes 69 days.
Best time to buy

Fall brings both the most homes and the most bidding wars

September has the most new listings (about 3 a month), and the most competition: 30% close over asking. March has the least competition (4%) but only about 2 new listings.

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 1 new listings a month, 18% sold over asking, 77 days to sellJFeb: 1 new listings a month, 11% sold over asking, 113 days to sellFMar: 2 new listings a month, 4% sold over asking, 124 days to sellMApr: 2 new listings a month, 8% sold over asking, 93 days to sellAMay: 2 new listings a month, 14% sold over asking, 85 days to sellMJun: 2 new listings a month, 18% sold over asking, 86 days to sellJJul: 2 new listings a month, 22% sold over asking, 85 days to sellJAug: 3 new listings a month, 25% sold over asking, 75 days to sellASep: 3 new listings a month, 30% sold over asking, 69 days to sellSOct: 3 new listings a month, 29% sold over asking, 67 days to sellONov: 2 new listings a month, 26% sold over asking, 66 days to sellNDec: 2 new listings a month, 23% sold over asking, 61 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Wisconsin

Preston now2017–192021 peakWI now
Sold over askingShare of sales that closed above the list price22%12%23%35%
Gone within two weeksShare of homes under contract within 14 days39%18%44%44%
Price paid vs. askingAverage sale price ÷ list price95.4%94.4%98.1%99.2%
Days to sellMedian days from listing to contract691025253
Supply

6 homes for sale on a typical day

That’s twice the 2022 low (3), 46% fewer than in 2017–19 and well under 2014’s 17.

2012: 8 for sale’122013: 8 for sale2014: 17 for sale2015: 13 for sale’152016: 11 for sale2017: 12 for sale2018: 9 for sale’182019: 9 for sale2020: 6 for sale2021: 4 for sale’212022: 3 for sale2023: 4 for sale2024: 7 for sale’242025: 7 for saleLast 12 months: 6 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 54616, which takes in Preston and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Preston home costs about $1,473 a month

Mortgage
Property tax
Insurance
Rent

Price: Preston’s typical sale, last 12 months. Property tax at Preston’s 1.4% (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.

Before you buy in Preston

Five things worth knowing

3

New listings in September

The month with the most choice. February has the fewest, about 1.

Best time to buy
1.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $231K home, about $3,210 a year.

Taxes vs. neighbors
26 min

Typical commute

The average one-way trip to work for people who live in Preston.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Black River Falls sells for less a square foot; Trempealeau, Holmen and Brice Prairie for far more

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.

SoldTypical sale$/sq ftOver askingDays to sell
Holmen214$437K$18741%44
Black River Falls56$200K$12617%56
Osseo30$253K$16231%75
Trempealeau26$351K$17849%12
Brice Prairie25$351K$20537%26
Preston (ZIP 54616)24$231K$13622%69
Galesville24$287K$16153%15

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

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, WI?

24 homes sold in the year to September 2026 at a typical $231K, $136 a square foot.

Is Preston a buyer’s or seller’s market?

A balanced market: 10 homes were for sale in September 2026 and 2 sold, about 5 months of supply. Buyers paid 95.4% of asking on average.

When is the best time to buy in Preston?

September brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Preston?

About 1.4% of a home’s value a year. On a $231K home that’s near $3,210.

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; for ZIP 54616, which takes in Preston and the area around it (each month is a 3-month rolling window, its counts divided by 3)). 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).