The Preston Highlands housing market is very competitive. The median sale price of a home in Preston Highlands was $685K last month, up 6.2% since last year. The median sale price per square foot in Preston Highlands is $232, down 13.3% since last year.
What is the housing market like in Preston Highlands today?
In May 2025, Preston Highlands home prices were up 6.2% compared to last year, selling for a median price of $685K. On average, homes in Preston Highlands sell after 29 days on the market compared to 20 days last year. There were 7 homes sold in May this year, down from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$685,000
+6.2% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Preston Highlands, TX
$685,000
+6.2%
United States
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How hot is the Preston Highlands housing market?
Preston Highlands is very competitive. Homes sell in 25.5 days.
0
100
71
Very Competitive
Redfin Compete Score™
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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 26 days.
Hot homes
can sell for about 2% above list price and go pending in around 14 days.
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 Highlands housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Preston Highlands.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Preston Highlands has a minor risk of flooding. 34 properties in Preston Highlands are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Preston Highlands. Flood risk is increasing faster than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Preston Highlands has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Preston Highlands is most at risk from hurricanes. 774 properties in Preston Highlands have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 77 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 82 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Preston Highlands has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Preston Highlands have a Severe Heat Factor®.
Preston Highlands is expected to see a 242% increase in the number of days over 109ºF over the next 30 years. Preston Highlands is expected to experience 8