The Preston Park housing market is very competitive. The median sale price of a home in Preston Park was $248K last month, up 33.8% since last year. The median sale price per square foot in Preston Park is $111, up 47.0% since last year.
What is the housing market like in Preston Park today?
In March 2024, Preston Park home prices were up 33.8% compared to last year, selling for a median price of $248K. On average, homes in Preston Park sell after 12 days on the market compared to 5 days last year. There were 22 homes sold in March this year, up from 17 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$247,500
+33.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Preston Park, VA
$247,500
+33.8%
United States
To compare other locations to the Preston Park and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Roanoke add value to a home.
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How hot is the Preston Park housing market?
Preston Park is very competitive. Homes sell in 8 days.
0
100
84
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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 8 days.
Hot homes
can sell for about 2% above list price and go pending in around 4 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.8%
+0.5 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Preston Park, VA
99.8%
+0.5 pt
United States
Home offer insights for Preston Park
Explore recent offers and recently sold homes in Preston Park
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 Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Preston Park.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Preston Park has a moderate risk of flooding. 213 properties in Preston Park are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Preston Park. Flood risk is increasing slower than the national average.
25% of properties are at risk of wildfire over the next 30 years
Fire Factor
Preston Park has a moderate risk of wildfire. There are 673 properties in Preston Park that have some risk of being affected by wildfire over the next 30 years. This represents 25% of all properties in Preston Park.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Preston Park has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Preston Park is most at risk from hurricanes. 2,656 properties in Preston Park 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 47 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 55 mph.