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Prestonville

Learn about the people, housing, costs and businesses in Prestonville, Kentucky

Median Home$155,800
Median Rent$963/month
Population195
Leading IndustriesRetail · Wholesale Trade · Information & Media26% retail
Home Value Growth⬆⬆⬆+22.4% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners87% of occupied units
Prestonville
KY

Frequently Asked Questions

What are today's mortgage rates in Prestonville?

As of today, the 30-year fixed mortgage rate for Prestonville is approximately 7.020% (7.061% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Prestonville?

The median home value in Prestonville is $156k. The median monthly rent is $963. Annual property taxes average $932. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Prestonville?

Home values in Prestonville have increased 22.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Prestonville?

Based on a typical all-in ownership cost of $758/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Prestonville is $68k/year.

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What industries drive the economy in Prestonville?

The largest employment sectors in Prestonville are retail (26%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.