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Preston, TX

Full City Profile · Texas · Grayson County County

2.9 /5.0
C+ Fair
1,617 Population 321/sq mi density
$64,803 Median Income $37,929 per capita
$184,600 Home Value $335,026 Zillow
$1,704 Median Rent 15.6% income on rent
64°F Avg Temperature 308 sunny days/yr
407 Violent Crime/100K 770 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$64,803 median income, 6.7% unemployment
A+
Affordability
5.0 / 5.0
$184,600 home value, $1,704/mo rent
F
Safety
1.0 / 5.0
407 violent crimes/100K (7% above avg)
D
Education
1.9 / 5.0
11.3% bachelor's degree or higher

Housing Overview

Median Home Value
$184,600
35% below
US avg: $281,900
Median Rent
$1,704/mo
47% above
US avg: $1,163/mo
Homeownership Rate
67.9%
4% above US avg (65.4%)
Total Housing Units
1,487
Median year built: 1989

Home Value by Source

Census Median
$184,600
Zillow (ZHVI)
$335,026
Median Sale Price
$190,000
Median List Price
$362,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

67.9%
Owner-Occupied
32.1%
Renter-Occupied
68%
32%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $1,704/mo

Market Indicators (Redfin)

Median Days on Market
20 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
22.2%
of listings with price reduction
Price Per Sq Ft
$152
Active Inventory
27
homes for sale

Affordability & Housing Stock

Rent Burden
15.6%
of renters spending 30%+ of income on housing
50% below US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
67.9%

Complete Housing Data

Home Values

Census Median Value$184,600
Zillow Home Value (ZHVI)$335,026
Median Sale Price$190,000
Median List Price$362,450
Price Per Sq Ft$152

Rent

Census Median Rent$1,704
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market20
Sale-to-List Ratio1.0%
Price Drops22.2%
Homes Sold1
Active Inventory27
Price Per Sq Ft$152

Ownership & Stock

Owner-Occupied67.9%
Renter-Occupied32.1%
Homeownership Rate67.9%
Total Housing Units1,487
Median Year Built1989
Rent Burden15.6%