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
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 Market | 20 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 22.2% |
| Homes Sold | 1 |
| Active Inventory | 27 |
| Price Per Sq Ft | $152 |
Ownership & Stock
| Owner-Occupied | 67.9% |
| Renter-Occupied | 32.1% |
| Homeownership Rate | 67.9% |
| Total Housing Units | 1,487 |
| Median Year Built | 1989 |
| Rent Burden | 15.6% |
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