Current Price

$380,560

1 Month Forecast

â–² $408,770

1-Year Forecast *

â–² $424,804

5-Year Forecast *

â–² $502,608

"Is it a good time to buy homes in Preston?" "Does investing in real estate in Preston (Connecticut State, New London County) worth it?" According to our live Forecast System, buying a house in Preston is a good short-term (1-year) investment*. The Preston average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Preston" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Preston in Connecticut State, New London County. If you are looking for homes for sale with good flipping profit, Preston can be a profitable property investment option. The median price of an average house in Preston was 380,560 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Preston" area is 502,608 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +32.07% meaning that investing 100000 USD today may yield a profit of 32,070 USD by 2031.

Current Median Listing Price: 380,560 USD Median Listing Price Per Square Foot: 211 USD

Preston Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Preston (Connecticut State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Preston Price Target

Preston median home price target in 12 months: $424,804* (upside of 11.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $403,943 $406,114 $403,719 $406,114
2024 $346,794 $380,560 $346,794 $380,560
2023 $312,692 $342,557 $312,102 $342,557
2022 $293,664 $314,059 $293,664 $317,880
2021 $264,145 $290,874 $264,145 $291,992
2020 $230,371 $258,535 $230,371 $258,535
2019 $226,867 $229,319 $226,867 $229,319
2018 $221,337 $226,177 $221,337 $227,864
2017 $209,862 $220,849 $209,862 $220,849
2016 $206,030 $209,171 $204,689 $209,171
2015 $196,396 $205,934 $196,396 $205,965
2014 $199,728 $195,926 $193,502 $199,728
2013 $204,016 $203,717 $203,717 $208,115
2012 $206,865 $203,739 $202,880 $206,865

Questions & Answers about the Preston Housing Market Forecast

How much does an average home cost in Preston today?

The value of an average home (the listing price) in Preston is $380,560 USD.

What is the average price per square foot in Preston?

According to Walletinvestor the median price per square foot in Preston is 211 USD.

Will the median listing price of homes in Preston grow / rise / go up?

Yes. The Preston home prices may rise from 380,560 USD to 424,804 USD in one year.

Is it profitable to invest in Preston homes?

Yes. The long-term profit potential is +11.63% in one year.

Will Preston house prices fall / drop?

No. See above.

What is the predicted price of a Preston home in 2030?

The predicted home sales price of a Preston home in 2030 in Preston is 488,773 USD.

What is the predicted price of a Preston home in 2035?

The predicted home sales price of a Preston home in 2035 in Preston is 610,734 USD.

Will real estate prices decrease in Preston?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Preston is the 9009. largest city in the United States, located in Connecticut State.

During the last 12 months the real estate prices in New London, Preston decreased, looking at the past 12 months.

According to Walletinvestor's Preston real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.755% to 380,560 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 10.986% in 2021
  • 11.776% in 2022
  • 11.836% in 2023
  • 10.066% in 2024
  • 13.036% in 2025
  • 13.396% in 2026

Based on our Preston real estate market research and report the predicted sales prices will increase by 200.364% in the next 10 years.

Over the last 12 months, the value of homes in Preston fluctuated: increasing 3 times and decreasing 1 times.

Preston (Connecticut) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Preston Housing Market Forecast with Real Estate Prices for 2025
August 2025 408770 368302 449238
September 2025 411443 378939 443947
October 2025 414133 385972 442294
November 2025 416841 389330 444353
December 2025 418179 378870 457488
Preston Housing Market Forecast with Real Estate Prices for 2026
January 2026 417007 379893 454120
February 2026 415684 378272 453095
March 2026 415230 383257 447203
April 2026 416578 381586 451571
May 2026 419302 384919 453685
June 2026 422044 395033 449055
July 2026 424804 397616 451991
August 2026 427582 404492 450671
September 2026 430378 400682 460074
October 2026 433192 410233 456151
November 2026 435886 394477 477295
December 2026 436416 397139 475694
Preston Housing Market Forecast with Real Estate Prices for 2027
January 2027 434931 396222 473639
February 2027 433406 396133 470679
March 2027 432506 404393 460619
April 2027 431175 401424 460926
May 2027 429664 393572 465756
June 2027 428853 390256 467450
July 2027 430754 400601 460907
August 2027 433571 399753 467390
September 2027 436406 408476 464336
October 2027 439260 409830 468690
November 2027 442132 404109 480156
December 2027 445024 401856 488191
Preston Housing Market Forecast with Real Estate Prices for 2028
January 2028 447934 412547 483320
February 2028 450863 414343 487383
March 2028 452701 422823 482579
April 2028 455661 411006 500316
May 2028 458641 417363 499918
June 2028 461640 438096 485183
July 2028 464659 436779 492538
August 2028 467697 423733 511661
September 2028 470755 431683 509828
October 2028 473320 432614 514025
November 2028 475072 430890 519254
December 2028 477290 430039 524542
Preston Housing Market Forecast with Real Estate Prices for 2029
January 2029 479842 435697 523988
February 2029 482339 442787 521891
March 2029 484312 436849 531774
April 2029 485770 437679 533861
May 2029 488946 440052 537841
June 2029 489010 462604 515417
July 2029 488773 440385 537162
August 2029 488675 462286 515063
September 2029 488956 459130 518783
October 2029 489566 451870 527263
November 2029 491574 447332 535815
December 2029 494788 445804 543772
Preston Housing Market Forecast with Real Estate Prices for 2030
January 2030 498024 452704 543344
February 2030 501280 469700 532861
March 2030 504558 469744 539373
April 2030 506178 467202 545153
May 2030 504759 462864 546654
June 2030 503157 458376 547938
July 2030 502608 476975 528241
August 2030 504240 476507 531973
September 2030 507537 479622 535452
October 2030 510856 484802 536910
November 2030 514196 479231 549162
December 2030 517559 473049 562069
Preston Housing Market Forecast with Real Estate Prices for 2031
January 2031 520943 469891 571996
February 2031 524350 472439 576260
March 2031 527610 481708 573512
April 2031 528252 475427 581078
May 2031 526454 489602 563306
June 2031 524609 475296 573922
July 2031 523519 482161 564877
August 2031 521908 495291 548526
September 2031 520079 471192 568966
October 2031 519098 478608 559587
November 2031 521399 469259 573539
December 2031 524809 496994 552623
Preston Housing Market Forecast with Real Estate Prices for 2032
January 2032 528240 475416 581064
February 2032 531695 497134 566255
March 2032 535171 501991 568352
April 2032 538671 507967 569375
May 2032 542193 503155 581231
June 2032 545739 500988 590489
July 2032 547964 504675 591253

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.