Preston, ID

Buyer's market+2.3% YoY

Housing market overview · Updated weekly

$355,000median sale price

Homes sold

3

Last 12 weeks

Days on market

188

Average pace

Active listings

22

7.3 months supply

Sale-to-list

98.5%

Below asking

The Preston housing market is currently classified as a buyer's market with a median sale price of $355,000. Prices have risen 2.3% compared to last year, with homes spending an average of 188 days on market, indicating 7.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Preston?

The median home sale price in Preston is $355,000, up 2.3% from last year.

How long do homes stay on market in Preston?

Homes typically spend 188 days on market before going under contract.

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

With 7.3 months of supply, Preston is currently a buyer's market.

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