Is Preston, IA 52069 a buyer’s or seller’s market?
Preston is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Preston housing market right now
In the three months ending August 31, 2026, 0% of homes in Preston, IA 52069 sold above their list price, the typical home went under contract in 57 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (51 days then) and the median sale price fell 30% to $149,935. Overall, Preston is about as competitive as it was a year ago.
Within Jackson County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Andrew 52030 (100% sold over asking) and Bellevue 52031 (38% sold over asking) are even more competitive.
Run the numbers for 52069
Nearby markets
Andrew 52030 $153 /sq ftBellevue 52031Balanced $152 /sq ftLa Motte 52054 $55 /sq ftMaquoketa 52060Seller’s market $110 /sq ft Browse all markets →Towns like Preston nearby
Find towns like Preston in other states →Where Preston is
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Questions about Preston real estate
Is Preston a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Preston, IA 52069 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Preston?
The typical home went under contract in 57 days in the latest three months.
Do homes in Preston sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.5% of the list price.
What are property taxes in Preston?
About 1.23% of a home’s value a year in Jackson County, or roughly $4,920 on a $400,000 home.
What is the median home price in Preston?
The median sale price was $149,935 in the three months ending August 31, 2026, about $155 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology