Preston Village, Wake County, NC

Median Home Price Price

$1,170,214 $1.2M

Median Monthly Rent Rent

$1,950 $1.9K

50.0x

Market Snapshot

Preston Village, Wake County, NC is a neighborhood market with a median home price of $1,170,214, a median monthly rent of $1,950, a GRM of 50.0x, and a price-to-rent ratio of 50.0.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

01 Lochmere, Wake County, NC
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High confidence
Price $793.1K
Rent $1.9K
GRM 34.0x
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Macgregor West
$1.25M $1.9K 54.0x
Macgregor Downs
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Glenwood
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Home prices

Monthly rent

GRM = home price / annual rent

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Lansdowne, Mecklenburg County, NC Explore deeper
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Home prices

Monthly rent

GRM = home price / annual rent

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Villa de Paza, Bernalillo County, NM Explore deeper
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Burton, Beaufort County, SC
$350K $1.9K 15.0x
Glacier Ridge, Dane County, WI Explore deeper
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Home prices

Monthly rent

GRM = home price / annual rent

Preston Village

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Benchmark comparison

Compare Preston Village, NC to another market.

Compare to Macgregor West, NC
Preston Village, NC
Macgregor West, NC
Delta
Median rent
$1,950
N/A
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Median price
$1,170,214
N/A
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YoY change
+$109
N/A
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Price-to-rent
50.0x
Data unavailable
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Key takeaways

  • Preston Village, Wake County, NC has a higher-grm screening profile: At 50.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $109 year over year.
  • Next discovery step: compare Macgregor West, Wake County, NC from the Same county set.