Preston Hollow Home Prices & Values

$252,300 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 5.8% 1-year change
  • 4.7% 1-year forecast

Market Temperature: ColdWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Preston Hollow is $252,300. Preston Hollow home values have gone up 5.8% over the past year and Zillow predicts they will rise 4.7% within the next year. The median list price per square foot in Preston Hollow is $169, which is higher than the Dallas average of $139. The median price of homes currently listed in Preston Hollow is $425,000 while the median price of homes that sold is $297,277.

Foreclosures will be a factor impacting home values in the next several years. In Preston Hollow 3.3 homes are foreclosed (per 10,000). This is lower than the Dallas value of 4.9 and also lower than the national value of 4.3

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Relative ZHVI
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Preston Hollow Market Overview

Data through Jun 30, 2014
  • $252,300 ZHVI
  • 4.7% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $425,000 Median listing price
  • $297,277 Median sale price
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Preston Hollow Market Health

Data through Jun 30, 2014
  • 5.1/10 Stable What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

3.3 homes Preston Hollow
4.9 homes Dallas
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
North Dallas $494,500 Bluffview $348,200 Far North $263,600
Oak Lawn $211,000 Arapaho $178,200 Southwest Richardson $144,500
Love Field Area $87,900 Lake Highlands $72,100 Eagle Ford $57,100

Listings & Sales

Data through Jun 30, 2014
  • $169 Median list price / sq ft
  • $142 Median sale price / sq ft
  • 32.9% Listings with price cut
14.8%
Sold below listing
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Preston Hollow Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,956 Preston Hollow
$1,217 Dallas
$1,310 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • $1.02 Rent list price / sq ft
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