Current Price

$245,145

1 Month Forecast

â–² $267,813

1-Year Forecast *

â–² $287,882

5-Year Forecast *

â–² $326,431

"Is it a good time to buy homes in Preston?" "Does investing in real estate in Preston (Minnesota State, Fillmore 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 Minnesota State, Fillmore 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 245,145 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Preston" area is 326,431 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +33.16% meaning that investing 100000 USD today may yield a profit of 33,158 USD by 2031.

Current Median Listing Price: 245,145 USD Median Listing Price Per Square Foot: 136 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 (Minnesota 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: $287,882* (upside of 17.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $268,953 $266,481 $266,481 $269,110
2024 $235,829 $245,145 $235,829 $245,145
2023 $226,341 $235,257 $226,341 $237,923
2022 $212,897 $226,238 $212,897 $230,912
2021 $194,224 $209,945 $194,224 $209,945
2020 $175,305 $192,197 $175,305 $192,197
2019 $172,542 $174,142 $172,542 $178,431
2018 $159,281 $170,339 $159,281 $170,339
2017 $152,904 $158,273 $152,904 $158,273
2016 $145,290 $151,937 $145,290 $151,937
2015 $136,454 $144,117 $136,309 $144,117
2014 $133,884 $136,871 $133,884 $138,865
2013 $125,243 $133,776 $123,205 $133,776
2012 $120,075 $126,568 $120,075 $127,517

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 $245,145 USD.

What is the average price per square foot in Preston?

According to Walletinvestor the median price per square foot in Preston is 136 USD.

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

Yes. The Preston home prices may rise from 245,145 USD to 287,882 USD in one year.

Is it profitable to invest in Preston homes?

Yes. The long-term profit potential is +17.43% 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 313,392 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 376,464 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 14933. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Fillmore, 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 8.411% to 245,145 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 18.393% in 2021
  • 19.033% in 2022
  • 17.213% in 2023
  • 16.583% in 2024
  • 18.363% in 2025
  • 16.433% in 2026

Based on our Preston real estate market research and report the predicted sales prices will increase by 398.782% 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 (Minnesota) 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 267813 250673 284953
September 2025 270058 254395 285722
October 2025 272323 245363 299283
November 2025 274606 249342 299870
December 2025 276909 256417 297400
Preston Housing Market Forecast with Real Estate Prices for 2026
January 2026 277569 260082 295055
February 2026 277472 259714 295230
March 2026 278795 252588 305002
April 2026 280760 255210 306309
May 2026 283114 260748 305480
June 2026 285488 266646 304330
July 2026 287882 261972 313791
August 2026 290295 274619 305971
September 2026 292730 266969 318490
October 2026 295184 279539 310829
November 2026 296299 271114 321484
December 2026 295670 280295 311045
Preston Housing Market Forecast with Real Estate Prices for 2027
January 2027 293904 266571 321238
February 2027 292150 267609 316690
March 2027 291384 273610 309159
April 2027 290574 265294 315854
May 2027 290707 272683 308731
June 2027 291332 262490 320173
July 2027 293774 267628 319920
August 2027 296238 266614 325861
September 2027 298722 270044 327399
October 2027 301226 273514 328939
November 2027 302834 278305 327364
December 2027 303089 287935 318244
Preston Housing Market Forecast with Real Estate Prices for 2028
January 2028 302269 279296 325241
February 2028 300626 285294 315957
March 2028 299613 277741 321485
April 2028 299692 283509 315876
May 2028 300422 279392 321451
June 2028 301617 274773 328461
July 2028 303459 276451 330467
August 2028 305794 289587 322001
September 2028 307424 282215 332633
October 2028 308891 291593 326189
November 2028 309588 279558 339618
December 2028 310143 284712 335575
Preston Housing Market Forecast with Real Estate Prices for 2029
January 2029 309736 288674 330798
February 2029 309995 283956 336035
March 2029 310475 283464 337486
April 2029 312289 290741 333837
May 2029 314908 289400 340415
June 2029 315091 291774 338408
July 2029 313392 295215 331568
August 2029 312493 293119 331868
September 2029 312703 281746 343661
October 2029 312509 290008 335010
November 2029 312013 295164 328862
December 2029 313572 288173 338972
Preston Housing Market Forecast with Real Estate Prices for 2030
January 2030 316202 297546 334858
February 2030 318853 287924 349782
March 2030 321527 296126 346927
April 2030 324223 296988 351457
May 2030 324995 302246 347745
June 2030 324882 292719 357045
July 2030 326431 296399 356463
August 2030 328732 299146 358317
September 2030 331488 312925 350051
October 2030 334268 312540 355995
November 2030 337070 305386 368755
December 2030 339897 316444 363350
Preston Housing Market Forecast with Real Estate Prices for 2031
January 2031 342747 319783 365711
February 2031 345621 325575 365667
March 2031 346926 329233 364619
April 2031 346189 326803 365576
May 2031 344122 310054 378191
June 2031 342068 308545 375590
July 2031 341172 310466 371877
August 2031 340223 308923 371524
September 2031 340379 309404 371353
October 2031 341110 308363 373856
November 2031 343970 320236 367704
December 2031 346854 322228 371481
Preston Housing Market Forecast with Real Estate Prices for 2032
January 2032 349763 323880 375645
February 2032 352695 318131 387260
March 2032 354578 335785 373370
April 2032 354877 331810 377944
May 2032 353916 325603 382229
June 2032 351992 332280 371703
July 2032 350807 328355 373258

> 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.