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

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How hot is the Preston housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 14 days.
- Hot homescan sell for about 4% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 32 days.
- Hot homescan sell for about 1% above list price and go pending in around 19 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- 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 homescan sell for about 3% above list price and go pending in around 5 days.
Preston Migration & Relocation Trends
View houses in Preston that sold recently
Recently sold homes
- $172,000 Last Sold Price3 beds2 baths—sq ft913 Spring Valley Ave NW, Preston, MN 55965List Price$180,000Sale to List4% under listDays on Market42 days913 Spring Valley Ave NW, Preston, MN 55965
- $162,500 Last Sold Price3 beds2 baths—sq ft300 St Paul St NW, Preston, MN 55965List Price$169,900Sale to List4% under listDays on Market44 days300 St Paul St NW, Preston, MN 55965
- $180,000 Last Sold Price2 beds3 baths—sq ft409 Spring Ave NW, Preston, MN 55965List Price$185,000Sale to List3% under listDays on Market65 days409 Spring Ave NW, Preston, MN 55965
- $48,000 Last Sold Price2 beds2 baths—sq ft108 Saint Paul St NW, Preston, MN 55965List Price$59,900Sale to List20% under listDays on Market323 days108 Saint Paul St NW, Preston, MN 55965
- $129,900 Last Sold Price4 beds2 baths—sq ft317 Fillmore St W, Preston, MN 55965List Price$129,900Sale to List0% over listDays on Market38 days317 Fillmore St W, Preston, MN 55965
- $1,105,000 Last Sold Price3 beds2 baths—sq ft19705 County 19, Lanesboro, MN 55949List Price$875,000Sale to List26% over listDays on Market84 days19705 County 19, Lanesboro, MN 55949
- $160,000 Last Sold Price2 beds2 baths—sq ft500 Fillmore St W, Preston, MN 55965List Price$169,900Sale to List6% under listDays on Market36 days500 Fillmore St W, Preston, MN 55965
- $375,000 Last Sold Price3 beds3 baths—sq ft202 Park St, Preston, MN 55965List Price$399,900Sale to List6% under listDays on Market107 days202 Park St, Preston, MN 55965
See all recently sold homes in Preston.
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Schools in Preston
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Fillmore Central Elementary School Public • PreK-6 | 301 Students | 4 reviews |
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.
Flood Factor - Moderate
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Minor
Heat Factor

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