Home prices
The median home in Preston is valued at $70,900. It is roughly $8,580 (10%) lower compared to its nearby areas.In comparison to the rest of the country it is approximately $146,600 (67%) lower, and is about $47,200 (39%) lower compared to the city of Springfield.
Rents
In Preston the median monthly rent is $686. This is approximately $182 (36%) higher compared to its nearby areas.It is roughly $376 (35%) lower compared to the rest of the nation, and is about $58 (7%) lower in comparison to the city of Springfield.
Nearby places
Hermitage
Hermitage is about 5 miles west of Preston. Housing prices there are somewhat more expensive. The median home value in Hermitage is $96,900, which comes out to $26,000 (26%) higher than Preston. Rent there is substantially less expensive. Hermitage's median rent is $394 a month, which works out to $292 (74%) lower than Preston.
Cross Timbers
Cross Timbers is about 5 miles north from Preston. Real estate prices there are a bit less expensive. The price of the median home in Cross Timbers is $59,300, which comes out to $11,600 (19%) lower than Preston. Its rents are a little less expensive. The median monthly rent in Cross Timbers is $617, which works out to $69 (11%) lower than Preston.
Urbana
Urbana is about 7 miles south from Preston. Real estate prices there are similar. The median home in Urbana costs $71,700, which is $800 (1%) higher than Preston. Rents there are a bit less expensive. The median monthly rent in Urbana is $600, which is $86 (14%) lower than Preston.
Macks Creek
Macks Creek is approximately 11 miles east from Preston. Its housing prices are a bit more expensive. The median home in Macks Creek is valued at $95,200, which is $24,300 (25%) higher than Preston. Rent there is substantially less expensive. Macks Creek's median rent is $435 a month, which is $251 (57%) lower than Preston.
Louisburg
Louisburg is about 13 miles south from Preston. Real estate prices there are fairly similar. Louisburg's median home cost is $74,300, which works out to $3,400 (4%) higher than Preston. The rent there is a lot less expensive. In Louisburg the median rent is $475 per month, which is $211 (44%) lower than Preston.