Preston Hollow Home Values
The median sale price in Preston Hollow was about $1.98 million, down 0.9 percent from a year earlier, over the three months ending September 2026, according to Redfin. For a real number on your own home, call or text (214) 600-3392.
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Preston Hollow Home Values in 2026
| Figure | Value | Source and date |
|---|---|---|
| The median sale price | about $1.98 million, down 0.9 percent from a year earlier, with a median of 52 days on market | Redfin, over the three months ending September 2026 |
These figures describe the area, not one house; for a single home we start from the last ninety days of closed sales and a look at the house itself, as our home value page explains.
Where Preston Hollow is
Preston Hollow is a large North Dallas neighborhood north of Northwest Highway and University Park, running roughly from Midway Road east to Hillcrest and north to Royal Lane or Forest Lane depending on who is drawing the map.
Preston Road, Northwest Highway, Inwood and the Dallas North Tollway carry most of the traffic. Downtown is about twenty minutes, Love Field is ten, and the Preston Center and NorthPark shopping districts are on the edges.
What Drives Preston Hollow Home Values
Estate lots, mature trees and privacy. There is no town center. Life runs through private clubs, the schools and the shopping along Preston Road and Lovers Lane.
Schools. Preston Hollow is in Dallas ISD, and many buyers choose between the DISD magnet and choice schools and the private schools clustered nearby, including Hockaday and St. Mark's in or next to the neighborhood, and Episcopal School of Dallas, Jesuit and Greenhill a short drive away.
Housing stock. Three different markets share the name. Old Preston Hollow, west of Preston near Strait Lane and Park Lane, is one to five acre estates. The rest is half acre to one acre lots with 1950s ranches, 1990s rebuilds and a growing number of new houses. Some blocks near Hillcrest and Royal Lane sit on standard lots at ordinary North Dallas prices.
Preston Hollow Home Prices Change by Neighborhood
The pockets we price separately in Preston Hollow:
- Old Preston Hollow: acreage estates, the highest priced part of the neighborhood.
- Preston Hollow proper: mostly half acre to one acre lots, at prices that vary widely by street.
- The eastern and northern edges: smaller lots and older houses that price closer to the rest of North Dallas.
Straight Talk: Preston Hollow Pros and Cons
What we tell friends who ask about Preston Hollow, both sides.
What is good
- Acreage inside the city, about twenty minutes from downtown.
- Private schools, Preston Center and NorthPark within minutes.
- Prices hold on the estate streets regardless of the suburbs.
What to know first
- No town center and nothing walkable; everything is a drive.
- Many buyers here pay private school tuition on top of the house.
- Acreage estates and ordinary North Dallas lots share the Preston Hollow name, and we price three tiers separately, so one median says little and pricing mistakes are expensive.
What Sellers Should Know About Current Preston Hollow Home Values
Preston Hollow puts acreage estates and ordinary North Dallas lots under one name, so a single median says little about one house. That is exactly why an online estimate is not useful here. Your value depends on your lot size, your side of Preston Road and your street, and we price against the five or six real comparables that match those three things.
How Buyers Should Read Preston Hollow Home Prices
Decide early whether you are buying a lot or a house. Acreage in Old Preston Hollow is a land purchase with a house on it. A renovated 1990s home on a half acre is a finished product. The two are priced on different logic and the second one usually moves faster.
Updates That Can Support Your Preston Hollow Home Value
On estate lots, the house is often replaced, so updates matter less than a clean survey, clear easements and healthy trees. On half acre lots with a house a buyer plans to keep, a renovated kitchen, new roof and updated systems are expected at this price.
Preston Hollow Home Value Questions
What is the median home value in Preston Hollow?
Redfin puts it at about $1.98 million (the median sale price in Preston Hollow, over the three months ending September 2026). Those are area wide figures. The value of one home depends on its street, lot, condition and school zone.
How do I get an accurate Preston Hollow home value?
Call or text (214) 600-3392 with the address. We pull the closed sales that compete with your house, look at the property, and send a range with the reasoning. It is free.
Are online estimates accurate for Preston Hollow?
They are a starting point. They never see the house and do not know the local rules that move value in Preston Hollow. Our home value page explains how we price a single home instead.
Get a More Accurate Preston Hollow Home Value
If you own a home in Preston Hollow and want to know what it is worth today, call or text (214) 600-3392 or send the address through the form below. You get a range with the sales behind it. Free, no obligation, and we do not sell your information.
Get your Preston Hollow home value
Call or text and we will send you a real number for your home. Free, no obligation, no spam.
Market figures on this page are quoted from the named public sources on the dates shown and may be revised by those sources. Nearby: Bluffview, University Park, Highland Park.