Current Price

$406,611

1 Month Forecast

â–² $433,553

1-Year Forecast *

â–² $472,315

5-Year Forecast *

â–² $512,757

"Is it a good time to buy homes in Preston?" "Does investing in real estate in Preston (Idaho State, Franklin 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 Idaho State, Franklin 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 406,611 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 512,757 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +26.11% meaning that investing 100000 USD today may yield a profit of 26,105 USD by 2031.

Current Median Listing Price: 406,611 USD Median Listing Price Per Square Foot: 226 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 (Idaho 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: $472,315* (upside of 16.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $432,872 $430,191 $430,191 $437,110
2024 $393,011 $406,611 $393,011 $406,611
2023 $398,180 $392,486 $387,854 $398,180
2022 $393,044 $402,815 $393,044 $428,162
2021 $313,306 $388,143 $313,306 $388,143
2020 $261,187 $305,421 $261,187 $305,421
2019 $238,556 $258,845 $238,556 $258,845
2018 $218,646 $238,630 $218,646 $238,630
2017 $192,598 $216,406 $192,598 $216,406
2016 $176,542 $189,983 $176,542 $189,983
2015 $173,637 $176,201 $170,968 $176,201
2014 $201,305 $177,523 $177,523 $201,305
2013 $193,982 $202,865 $193,982 $204,902
2012 $188,194 $192,887 $188,194 $192,887

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 $406,611 USD.

What is the average price per square foot in Preston?

According to Walletinvestor the median price per square foot in Preston is 226 USD.

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

Yes. The Preston home prices may rise from 406,611 USD to 472,315 USD in one year.

Is it profitable to invest in Preston homes?

Yes. The long-term profit potential is +16.16% 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 489,269 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 556,663 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 5274. largest city in the United States, located in Idaho State.

During the last 12 months the real estate prices in Franklin, 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 6.974% to 406,611 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 15.159% in 2021
  • 14.379% in 2022
  • 18.159% in 2023
  • 17.249% in 2024
  • 16.999% in 2025
  • 15.319% in 2026

Based on our Preston real estate market research and report the predicted sales prices will increase by 347.226% in the next 10 years.

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

Preston (Idaho) 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 433553 391498 475607
September 2025 436941 398927 474955
October 2025 440356 413494 467218
November 2025 443797 415394 472200
December 2025 447266 416404 478127
Preston Housing Market Forecast with Real Estate Prices for 2026
January 2026 450761 410643 490879
February 2026 454284 429752 478815
March 2026 457834 414340 501328
April 2026 461412 429575 493249
May 2026 465018 434327 495709
June 2026 468652 443814 493491
July 2026 472315 448227 496403
August 2026 476006 449350 502662
September 2026 479726 451422 508030
October 2026 483475 454466 512483
November 2026 483360 444691 522029
December 2026 480593 456083 505104
Preston Housing Market Forecast with Real Estate Prices for 2027
January 2027 477843 450606 505080
February 2027 475107 444701 505514
March 2027 472388 432235 512541
April 2027 469684 427413 511956
May 2027 466996 424032 509959
June 2027 464323 419283 509362
July 2027 461665 434888 488441
August 2027 459433 413490 505376
September 2027 458606 418708 498505
October 2027 459044 419566 498522
November 2027 459019 429183 488855
December 2027 459575 433838 485311
Preston Housing Market Forecast with Real Estate Prices for 2028
January 2028 460864 435056 486672
February 2028 462980 419923 506037
March 2028 463833 427190 500476
April 2028 464083 429741 498426
May 2028 464704 440539 488869
June 2028 467458 443150 491765
July 2028 470621 428265 512977
August 2028 473677 447151 500203
September 2028 474882 438791 510973
October 2028 475127 438067 512187
November 2028 475157 446647 503666
December 2028 475761 435321 516201
Preston Housing Market Forecast with Real Estate Prices for 2029
January 2029 477195 444268 510121
February 2029 478242 453852 502633
March 2029 479159 449452 508867
April 2029 480785 439437 522132
May 2029 484542 448686 520398
June 2029 487740 443355 532124
July 2029 489269 446213 532324
August 2029 489287 451612 526962
September 2029 487137 454499 519775
October 2029 484349 456741 511957
November 2029 481798 435546 528051
December 2029 485563 453516 517611
Preston Housing Market Forecast with Real Estate Prices for 2030
January 2030 489358 456082 522634
February 2030 493183 450769 535596
March 2030 497037 468209 525865
April 2030 500921 466358 535485
May 2030 504836 454857 554815
June 2030 508781 481307 536255
July 2030 512757 480454 545061
August 2030 516765 489893 543636
September 2030 520803 476535 565071
October 2030 524873 486033 563714
November 2030 528975 480310 577641
December 2030 533109 487795 578424
Preston Housing Market Forecast with Real Estate Prices for 2031
January 2031 537276 486234 588317
February 2031 541474 514401 568548
March 2031 541346 498580 584112
April 2031 538247 507567 568927
May 2031 535166 490748 579585
June 2031 532103 494324 569882
July 2031 529057 497314 560801
August 2031 526029 476056 576002
September 2031 523018 483792 562245
October 2031 520024 481023 559026
November 2031 517048 483957 550139
December 2031 514548 474413 554683
Preston Housing Market Forecast with Real Estate Prices for 2032
January 2032 513623 462260 564985
February 2032 514113 480181 548044
March 2032 514084 481697 546472
April 2032 514707 475074 554339
May 2032 516151 489311 542991
June 2032 518520 477039 560002
July 2032 519476 477918 561034

> 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.