Housing Prices in Preston, CT
How much do homes in Preston, CT cost?
Median List Price
$349,950
$225/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Preston has increased by 9.7% since last year.
Summary: The median home list price in Preston was $349,950 in March 2024, up 9.7% from the previous year, and the median price per square foot was $225.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $204.9K | $185K | -9.7% |
| 2 Bedrooms | $312.4K | $240K | -23.2% |
| 3 Bedrooms | $289.4K | $342K | +18.2% |
| 4 Bedrooms | $434.4K | $525K | +20.8% |
| 5+ Bedrooms | $269K | - | N/A |
Summary: Preston housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.7%, 2 bedroom homes decreased by 23.2%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Ledyard | $317.4K | $349.6K | +10.1% |
| Preston | $319K | $349.9K | +9.7% |
| Gales Ferry | $309.9K | $339.5K | +9.6% |
| Norwich | $209.9K | $229.9K | +9.5% |
| Lisbon | $299K | $295K | -1.3% |
Housing Supply in Preston, CT
How many homes are available in Preston, CT?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The Preston real estate market had 6 homes for sale in March 2024, a 14.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Preston housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Preston, CT
How long does it take to sell a home in Preston, CT?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 138 Days | 150 Days | +8.1% |
Summary: Homes in Preston had an average listing age of 150 days in Mar 2024, up by 8.1% compared to the previous year.
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