Homes for Sale Under 500K in Preston, TX

38 Homes for Sale

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Preston, TX Housing Market Overview

Preston is a buyer's market right now. Homes are sitting on the market for 90 days on average. With 20 months of supply, there's less pressure to rush and more room to negotiate on price and terms.

Status

Buyer's Market

Days on Market

90

Inventory

40

Sep 2021Mar 2024Mar 2026

Median Home Price

$278,750Down 0.19%

In Mar 2026 · YoY

Sep 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
40 Up 0.48%
Newly Listed Homes
14 Up 2.50%
Months of Supply
20 Up 11.00%

Housing Demand

Homes Sold
2 Down 0.00%
Sale-to-List Ratio
95.2% Down 0.53%
Homes Sold Above List
0% Down 0.00%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

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  • mls-img
    Based on information from the North Texas Real Estate Information Systems, Inc., through Oct 8, 2026, 11:00 AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.
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Preston, TX Housing Marketlink qauare
Homes Available icon

38

Homes Available

Median List Price icon

$ 278,750

Median List Price

Avg on Market icon

90 Days

Avg on Market

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