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.

Home Value$245,023

-1.7%

Prices falling — better for buyers.

Affordability

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Income (annual)

Down Payment

$49,005 on $245,023

Example: $75,000 household income. Change it above to see your own.

Affordable25.9% 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$2.22M Woodland$1.62M Greenwood$1.6M Sunfish Lake$1.16M Orono$1.08M Medicine Lake$1.08M Tonka Bay$1.06M Deephaven$1.02M

Full Rochester, MN analysis

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

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Preston, MN