Home prices
The median home price in Preston Heights is $99,900. It is about $63,800 (38%) lower in comparison to nearby areas.In comparison to the rest of the country it is approximately $117,600 (54%) lower, and compared to the city of Chicago is approximately $158,100 (61%) lower.
Rents
Preston Heights's median rent is $988 a month. This is roughly $56 (5%) lower compared to its surrounding areas.Compared to the nation as a whole it is roughly $74 (6%) lower, and compared to the city of Chicago is approximately $124 (11%) lower.
Nearby places
Joliet
Joliet is Preston Heights's neighbor to the northwest. Its housing prices are substantially more expensive. The price of the median home in Joliet is $181,100, which comes out to $81,200 (44%) higher than Preston Heights. Rent there is similar. In Joliet the median monthly rent is $1,033, which works out to $45 (4%) higher than Preston Heights.
Rockdale
Rockdale is about 2 miles west from Preston Heights. The housing prices there are a bit more expensive. The cost of the median home in Rockdale is $132,600, which is $32,700 (24%) higher than Preston Heights. Rents there are similar. Rockdale's median rent is $975 per month, which comes out to $13 (1%) lower than Preston Heights.
Ingalls Park
Ingalls Park is approximately 2 miles northeast from Preston Heights. Real estate prices there are fairly similar. Ingalls Park's median home value is $104,700, which works out to $4,800 (4%) higher than Preston Heights. The rent there is fairly similar. In Ingalls Park the median monthly rent is $942, which works out to $46 (4%) lower than Preston Heights.
Fairmont
Fairmont is about 4 miles north of Preston Heights. Its real estate prices are somewhat more expensive. The median home in Fairmont is valued at $105,300, which works out to $5,400 (5%) higher than Preston Heights. Rent there is a bit more expensive. The median rent in Fairmont is $1,127 per month, which works out to $139 (12%) higher than Preston Heights.
New Lenox
New Lenox is roughly 4 miles east of Preston Heights. Real estate prices there are substantially more expensive. The median home in New Lenox is valued at $294,800, which comes out to $194,900 (66%) higher than Preston Heights. Rents there are a bit more expensive. New Lenox's median monthly rent is $1,143, which works out to $155 (13%) higher than Preston Heights.
