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Advertise here →Preston, ID · Market Data
Preston, Idaho real estate market data.
Real estate market data for Preston, ID (Franklin County) — Census median home value $280,500, county listing prices up about 2.4% over the past year.
Preston, ID is in Franklin County, Idaho — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 5,800, with a median household income of $55,625. Census data puts Preston's median home value at $280,500.
At a glance
Preston market snapshot
Population
5,800
Median Household Income
$55,625
Median Home Value (city)
$280,500
Median Gross Rent
$794/mo
Price Trend (YoY)
+2.4%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Preston different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Preston's median home value — across all owner-occupied homes, not just recent sales — at $280,500.
County Price Trend
Franklin County's FHFA house price index shows a 2.38% annual change in 2025.
Population & Income
Preston has an estimated population of 5,800 and a median household income of $55,625, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Preston's Census-reported median home value works out to about 5.0x the area's median household income, and median gross rent runs roughly 17% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Preston FAQ
What are home values like in Preston, ID?
The Census Bureau's American Community Survey puts Preston's median home value at $280,500.
What is the population of Preston, ID?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Preston's population at approximately 5,800.
What's the median rent in Preston, ID?
The Census ACS estimates median gross rent in Preston at approximately $794 per month.
What is the median household income in Preston, ID?
Census ACS data puts the median household income in Preston at approximately $55,625.
Is the Preston housing market growing?
Franklin County's FHFA house price index shows a 2.38% annual change in 2025.
Is Preston, ID affordable relative to income?
Census ACS data puts Preston's median home value at about 5.0 times the median household income, with median gross rent equal to roughly 17% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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