Prestonwood Homes for Sale
Prestonwood real estate trends, home prices, and market statistics, including Preston Meadows and Preston Meadows Estates in Far North Dallas.
Prestonwood Market Snapshot
Updated monthly using NTREIS MLS data.
Trends compare the latest month to the prior month and prior year.
Market data reflects combined activity from Prestonwood, Preston Meadows, and Preston Meadows Estates to provide a more reliable monthly snapshot.
Want the month-over-month and year-over-year changes? Scroll down ↓
Updated monthly using NTREIS MLS market data. Metrics reflect recent activity in Prestonwood
About Prestonwood
Prestonwood is one of the larger and more established neighborhoods in Far North Dallas, known for its mature trees, convenient location, and wide variety of single-family homes. The subdivision was established in 1967 and today includes approximately 4,478 single-family homes, along with the nearby neighborhoods of Preston Meadows and Preston Meadows Estates, which share similar home styles, build years, and overall character. Because these communities developed during the same period and attract similar buyers, they are often grouped together when analyzing local real estate trends.
Homes in Prestonwood feature a mix of architectural styles, including traditional, ranch, contemporary, and European-influenced designs. Many properties offer larger lots and mature landscaping compared to newer suburban developments, which continues to make the area attractive to buyers looking for an established North Dallas neighborhood. With close access to the Dallas North Tollway, President George Bush Turnpike, and major employment centers in North Dallas and Plano, Prestonwood remains a convenient location for commuters.
Because Preston Meadows and Preston Meadows Estates share many of the same characteristics, market statistics for this page reflect the broader Prestonwood area to provide a more accurate picture of current housing trends.
Living in Prestonwood
Living in Prestonwood offers a blend of established neighborhood character and convenient access to the amenities of Far North Dallas. With roughly 80 percent of homes owner-occupied, the community has a stable, well-maintained feel, and many properties reflect long-term ownership and pride of upkeep. Tree-lined streets, larger lots, and a variety of architectural styles give the neighborhood a traditional North Dallas look that continues to appeal to buyers who prefer mature communities over newer developments.
Prestonwood, along with Preston Meadows and Preston Meadows Estates, attracts a wide range of homeowners due to its central location between Dallas and Collin County. Residents enjoy quick access to the Dallas North Tollway, President George Bush Turnpike, and major business corridors, making the area a popular choice for those working in North Dallas, Plano, or the Legacy and Telecom corridors.
Shopping, dining, parks, and everyday services are all nearby, with several retail centers and grocery stores located within a short drive. The combination of convenience, established homes, and consistent buyer demand helps keep the Prestonwood real estate market active, although selling times and pricing can vary depending on condition, updates, and overall market conditions. Because Preston Meadows and Preston Meadows Estates share similar housing characteristics, market trends are often evaluated together to provide a clearer view of how the Prestonwood area is performing.
Prestonwood at a Glance
Housing Snapshot
- Average Home Size: 2,732 sq ft
- Average Year Built: 1975
- Number of Homes: 4,478
- Primary Architectural Syles: Traditional, Mediterranean, Ranch
- Most expensive home sold: $2,495,000 sold 7/2024
- Owner Occupied: 79%
Demographics Snapshot
- Population: 20,054 (approx)
- Median Household Income: $134,556
- Median Resident Age: 47 yrs
- College Educated (at least a Bachelor’s): 71%
- Neighborhood Established: 1960
Nearby Prestonwood Neighborhood
What Today's Market Means in Prestonwood
Monthly Update
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Selling a Home in Prestonwood
Selling a home in Prestonwood 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 Prestonwood
Explore more homes for sale near Prestonwood, 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.