The median home in Preston, Minnesota is valued at $245,023, down 1.7% year over year. Preston is part of the Rochester, MN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Rochester, MN stress score, crash risk, and 12-month forecast →

Home Value$245,023

-1.7%

AFFORDABILITY

Enter your income for Preston.

Income (annual)

Down Payment

$49,005 on $245,023

Affordable — 25.9% of income

Under the 28% guideline.

PITI$1,618

P/I25.9%

Afford$265K

Room+$20K

P&I $1,239Tax $229Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Preston with other housing markets across Minnesota.

Minnetonka Beach$2220K Woodland$1619K Greenwood$1602K Sunfish Lake$1156K Orono$1084K Medicine Lake$1082K Tonka Bay$1059K Deephaven$1018K

Full Rochester, MN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Rochester, MN metro.

View Rochester, MN metro →

PRESTON, MN