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MN area data

Preston, MN

Preston, MN.

Population: 2,300 (Census ACS)

Home values & appreciation

Median home value
$282,397
1-year appreciation
+3.1%
3-year appreciation
+7.4%
5-year appreciation
+26.4%
10-year appreciation
+72.7%
All-time peak (2026-07)
$282,397
House Price Index
429.3 (+3.3% YoY)

Market activity

Median sale price
$268,000
Median list price
$224,900
Median days on market
15 days
Sale-to-list ratio
102.0%
Active listings
8
1-year forecast
+1.5%

Rents

2-bedroom fair-market rent (HUD reference)
$1,176/mo
3BR fair-market rent
$1,529/mo

Affordability

Cost of living index (Average)
97.5 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
44.0°F
Average high
55.0°F
Average low
33.0°F
Annual precipitation
38.4 in
Annual snowfall
42.3 in

Walkability & transit

Walkability index
12.5 / 20
Transit service frequency
1,104

Amenities

National parks within ~60 mi
1
Nearest national park
Effigy Mounds National Monument (60 mi)
Nearest airport
Fillmore County Airport (5 mi)
Nearest major airport
Rochester International Airport (RST) (27 mi)
Hospitals nearby (~15 mi)
4
Avg hospital rating
3.7 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
+39 tax filers

Housing stock

Median year housing built
1,962
Median annual property tax
$1,816
Mean commute to work
22 min
Households with broadband internet
70.6%

Employment & development

Total county employment
5,068
Average weekly wage
$820
Top industries (by employment)
Accommodation & Food, Wholesale Trade, Construction
Annual residential building permits (county)
15

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents