Preston Highlands Homes for Sale
Preston Highlands real estate trends, home prices, and market statistics in Far North Dallas.
Preston Highlands Market Snapshot
Updated monthly using NTREIS MLS data.
Trends compare the latest month to the prior month and prior year.
Want the month-over-month and year-over-year changes? Scroll down ↓
Updated monthly using NTREIS MLS market data. Metrics reflect recent activity in Preston Highlands
About Preston Highlands
Preston Highlands is a well-established neighborhood in Far North Dallas known for its convenient location, traditional single-family homes, and strong buyer demand. Development in Preston Highlands began in the late 1970s and continued through the 1980s and early 1990s, resulting in a community with consistent architectural styles and well-maintained residential streets. Most homes in the neighborhood feature traditional, ranch, and contemporary designs, with a mix of original properties and updated homes that appeal to a wide range of buyers.
The neighborhood is popular due to its central location near the Dallas North Tollway and President George Bush Turnpike, providing easy access to major employment centers in North Dallas, Plano, and the Legacy business corridor. Preston Highlands is also located within Plano ISD, which contributes to steady demand from buyers looking for established homes in a convenient area.
Because homes in Preston Highlands are relatively similar in size and age, the local real estate market often moves in clear cycles based on price range, condition, and overall inventory levels. Watching local trends such as days on market, contract activity, and price range performance provides a better understanding of current conditions than looking at city-wide data alone.
Living in Preston Highlands
Living in Preston Highlands offers a balance of established neighborhood character and convenient access to the amenities of Far North Dallas. The area is known for quiet residential streets, mature trees, and homes built during a period when neighborhoods were designed with practical layouts and comfortable lot sizes. Many homes have been updated over the years, while others retain their original style, giving buyers a range of options depending on budget and preferences.
One of the biggest draws to Preston Highlands is its location within Plano ISD while still being inside the Dallas city limits. This combination makes the neighborhood attractive to buyers who want access to highly regarded schools along with a central North Dallas location. Residents also benefit from close proximity to major highways, making it easy to commute to business centers in Plano, Richardson, and North Dallas.
Shopping, restaurants, parks, and everyday services are all located nearby, adding to the neighborhood’s long-term appeal. Because the homes in Preston Highlands are generally similar in age and size, the real estate market tends to move together, although updated homes and well-priced listings often sell faster than larger or higher-priced properties when market conditions become more competitive.
Preston Highlands at a Glance
Housing Snapshot
- Average Home Size: 2,647 sq ft
- Average Year Built: 1986
- Number of Homes: 1,245
- Primary Architectural Syles: Traditional, Contemporary, Ranch
- Most expensive home sold: $1,205,000 sold 10/2022
- Owner Occupied: 82%
Demographics Snapshot
- Population: 4,931 (approx)
- Median Household Income: $123,893
- Median Resident Age: 35 yrs
- College Educated (at least a Bachelor’s): 71%
- Neighborhood Established: 1979
Nearby Preston Highlands Neighborhood
What Today's Market Means in Preston Highlands
Monthly Update
Ready to Buy or Sell in Preston Highlands?
Get personalized guidance, local market insight, and a clear strategy for your next move in Preston Highlands.
Selling a Home in Preston Highlands
Selling a home in Preston Highlands requires understanding current inventory levels, buyer demand, and recent comparable sales. While well-priced homes continue to attract strong interest, changing market conditions mean that accurate pricing and property condition play a larger role than in previous years. Reviewing recent NTREIS MLS sales, current listings, and buyer activity provides a clearer picture of the market than relying on automated estimates alone.
More Homes for Sale Near Preston Highlands
Explore more homes for sale near Preston Highlands, including nearby North Dallas neighborhoods and surrounding luxury communities. These established areas offer a range of lot sizes, architectural styles, and price points, giving buyers and homeowners a broader perspective on the North Dallas real estate market.