Preston, MN Housing Market

Homes for sale

The Preston housing market is somewhat competitive. The median sale price of a home in Preston was $211K last month, down 28.4% since last year. The median sale price per square foot in Preston is $119, down 12.5% since last year.

Trends
Demand
Migration
Schools
Climate

Preston Housing Market Trends

What is the housing market like in Preston today?

In May 2025, Preston home prices were down 28.4% compared to last year, selling for a median price of $211K.

$163K

Sale Price

-44.9%
since last year

$119

Sale $/Sq. Ft.

-12.5%
since last year

Under List Price

0.3%

Days on Market

13.5

Down Payment

—

Total Homes Sold

To compare other locations to the Preston and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Preston add value to a home.

How hot is the Preston housing market?

Preston is somewhat competitive. Homes sell in 13.5 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for around list price and go pending in around 14 days.
Hot homes
can sell for about 4% above list price and go pending in around 4 days.

Compare With Nearby Cities

Rushford

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 32 days.
Hot homes
can sell for about 1% above list price and go pending in around 19 days.

St Charles

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 17 days.
Hot homes
can sell for about 3% above list price and go pending in around 5 days.

See more nearby cities and neighborhoods

Preston Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Preston that sold recently

Recently sold homes

SOLD JUN 27, 2025
$162,500 Last Sold Price
3 beds
2 baths
—sq ft
300 St Paul St NW, Preston, MN 55965
List Price
$169,900
Sale to List
4% under list
Days on Market
44 days
300 St Paul St NW, Preston, MN 55965
SOLD JUN 27, 2025
$172,000 Last Sold Price
3 beds
2 baths
—sq ft
913 Spring Valley Ave NW, Preston, MN 55965
List Price
$180,000
Sale to List
4% under list
Days on Market
42 days
913 Spring Valley Ave NW, Preston, MN 55965
SOLD JUN 20, 2025
3D WALKTHROUGH
$180,000 Last Sold Price
2 beds
3 baths
—sq ft
409 Spring Ave NW, Preston, MN 55965
List Price
$185,000
Sale to List
3% under list
Days on Market
65 days
409 Spring Ave NW, Preston, MN 55965
SOLD JUN 13, 2025
$48,000 Last Sold Price
2 beds
2 baths
—sq ft
108 Saint Paul St NW, Preston, MN 55965
List Price
$59,900
Sale to List
20% under list
Days on Market
323 days
108 Saint Paul St NW, Preston, MN 55965
SOLD JUN 13, 2025
$129,900 Last Sold Price
4 beds
2 baths
—sq ft
317 Fillmore St W, Preston, MN 55965
List Price
$129,900
Sale to List
0% over list
Days on Market
38 days
317 Fillmore St W, Preston, MN 55965
SOLD MAY 30, 2025
$1,105,000 Last Sold Price
3 beds
2 baths
—sq ft
19705 County 19, Lanesboro, MN 55949
List Price
$875,000
Sale to List
26% over list
Days on Market
84 days
19705 County 19, Lanesboro, MN 55949
SOLD MAY 29, 2025
$160,000 Last Sold Price
2 beds
2 baths
—sq ft
500 Fillmore St W, Preston, MN 55965
List Price
$169,900
Sale to List
6% under list
Days on Market
36 days
500 Fillmore St W, Preston, MN 55965
SOLD MAY 15, 2025
$210,500 Last Sold Price
3 beds
2 baths
—sq ft
418 Preston St NW, Preston, MN 55965
List Price
$200,000
Sale to List
5% over list
Days on Market
36 days
418 Preston St NW, Preston, MN 55965
See all recently sold homes in Preston.
See listings

Schools in Preston

Learn about schools in the Preston area

Elementary
Middle
High

GreatSchools Rating

6/10

Fillmore Central Elementary School

Public • PreK-6

301

Students

4 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Preston housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Preston.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

83% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Preston

New Listings in Preston

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