13 hours on Rocket
$2,838 Closing Credit¹
#915191, Listing Office: RE/MAX ALL POINTS
Preston Park Housing Market Report February 2025•Roanoke County, Virginia
Housing Prices in Preston Park, VA
How much do homes in Preston Park, VA cost?
Housing Market Conditions
Is Preston Park, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Preston Park is a Seller's Market
Difference Since February 2024
Since last year, Preston Park has remained a Seller's Market.
Insight
Preston Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$239,000$161/SqFt
+$24,000
+11.2%
Based on all homes sold in the last 12 months
Insight
Homes in Preston Park have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in Preston Park was $239,000 in February 2025, up 11.2% from last year, and the median price per square foot was $161.
Median Sold Price By Neighborhoods
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Williamson Road | $155K | $193.5K | +24.8% |
| Preston Park | $215K | $239K | +11.2% |
| Monterey | $255K | $258.7K | +1.5% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $170K | $191.4K | +12.6% |
| 33 Bedrooms | $215K | $231K | +7.4% |
| 44 Bedrooms | $238.9K | $254.9K | +6.7% |
| 55+ Bedrooms | $244K | $300K | +23.0% |
Summary: Preston Park housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +12.6%. The home price for 3 bedroom homes increased by +7.4%. The home price for 4 bedroom homes increased by +6.7%. The home price for 5 bedroom homes increased by +23.0%.
How does Preston Park, VA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Preston Park, VA
Housing supply in Preston Park, VA
How many homes are available in Preston Park, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 19Last MonthFeb 2025 | ||
| 152 months agoJan 2025 | +26.7 % Change MoMJan – Feb |
Summary: The Preston Park real estate market had 19 homes for sale in Feb 2025, a 26.7 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthFeb 2025 | ||
| 42 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 6 | +50.0% |
| 33 Bedrooms | 6 | 9 | +50.0% |
| 44 Bedrooms | 4 | 3 | -25.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Preston Park housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Preston Park, VA cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Preston Park, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Preston Park in February 2025, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and and 0% were sold over asking.
Days on Market for Preston Park, VA
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in Preston Park, VA
What homes are available in Preston Park, VA?
3 days on Rocket
$2,612 Closing Credit¹
#915043, Listing Office: RE/MAX ALL POINTS
7 days on Rocket
$3,502 Closing Credit¹
#914582, Listing Office: LONG & FOSTER - ROANOKE OFFICE
$2,374 Closing Credit¹
#914264, Listing Office: KELLER WILLIAMS REALTY ROANOKE
$641 Closing Credit¹
#914469, Listing Office: REAL BROKER LLC - MCLEAN
$2,374 Closing Credit¹
#913829, Listing Office: RE/MAX LAKEFRONT REALTY INC
$2,363 Closing Credit¹
#913309, Listing Office: KELLER WILLIAMS REALTY - NRV
$2,019 Closing Credit¹
#913146, Listing Office: LONG & FOSTER - ROANOKE OFFICE
$3,384 Closing Credit¹
#913037, Listing Office: C W FRANCIS REAL ESTATE
$2,256 Closing Credit¹
#912910, Listing Office: EDWIN C HALL ASSOCIATES INC
$8,253 Closing Credit¹
#911502, Listing Office: MKB, REALTORS(r)
Nearby markets
Nearby markets aren't available for Preston Park, VA
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MLS Disclaimers and Copyright
Based on information from Roanoke Valley Association of Realtors MLS, for the period 03/01/2023 - 03/01/2025
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.
All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.