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Prestonsburg

Prestonsburg

Located in Floyd County

$196,951 Average Value
$107 Average Price per Sq Ft
12 Homes For Sale

Prestonsburg is home to sprawling wooded landscapes on U.S. Route 23

Prestonsburg, a small town on U.S. Route 23, offers rural charm surrounded by hilly forested landscapes and outdoor recreation at Jenny Wiley State Resort Park. “Most people from outside the area like it here because it’s secluded and private,” says Jessica Holcomb, a Prestonsburg resident, Realtor and co-owner of Blu Horizon Real Estate. “We’re not off the grid, either. People love moving here to work from home.” Though most of the area is spread out, the town center is home to local shops and satellite campuses for Big Sandy Community and Technical College and Morehead State University. The Mountain Arts Center, a well-regarded venue that hosts touring musicians, boosts the local music scene.

Local playgrounds and more recreation at Jenny Wiley State Resort Park

Archer Park is the largest gathering space in the area, with tennis courts, playgrounds and a pool. Rosenberg Square, a small green space in the town’s downtown area, has places to sit and relax, along with a colorful mural and a water fountain. Jenny Wiley State Resort Park sits on the banks of Dewey Lake, making it a great spot for bass fishing and boating. The Sugarcamp Mountain Trail system runs throughout the park, used for mountain biking, hiking and horse riding. Visitors can also take elk viewing tours or go birdwatching for spring warblers and bald eagles. The nearby StoneCrest Golf Course has an 18-hole layout that’s open to the public.

Ranch-style homes and cottages, often with large lots

Ranch-style homes and early 20th-century cottages comprise most of Prestonsburg's inventory. In the town center, homes tend to be close-set along narrow roads lined with sidewalks, while larger lots and hobby farms are found further into the county. Most homes range from $20,000 to $300,000, though some newer 21st-century homes with spacious wooded lots outside of town limits can sell for between $300,000 and $500,000.

Concerts at The Mountain Arts Center and holiday light shows

The Mountain Arts Center (MAC), a local performing arts venue, hosts touring musicians and regional organizations like the Mountain Arts Center Wind Orchestra and the Billie Jean Osborne’s Kentucky Opry. “It’s great for local talent,” says Holocomb. “A lot of country singers come from U.S. 23, which is the highway that runs through here, and many of them start at MAC like Chris Stapleton and Tyler Childers.” During the holiday season, Archer Park is decorated with over a million Christmas lights, which locals can visit on foot or drive through after the sun goes down. The light display lasts from Thanksgiving to New Year’s Day and includes games, kids' carnival rides, and Santa Claus meet-and-greets on Saturdays.

Nearby public schools and satellite university campuses

Prestonsburg Elementary and Adams Middle both earn a C from Niche. Prestonsburg High earns a C-plus and offers athletic programs like archery, basketball and wrestling. Big Sandy Community and Technical College has a campus on the community’s north side, offering degrees in construction technology and business administration. The college also partners with Morehead State University to offer bachelor’s programs in addition to associate degrees.

Locally owned restaurants serve Mexican and American cuisine

There’s a small downtown district in the center of town with vintage storefronts and local eateries like Billy Ray’s Restaurant, a longstanding favorite for homestyle American fare. More shopping centers are on the town’s north side, including a Food City grocery store and Mexican restaurants like El Azul Grande.

Traveling the region on U.S. Route 23

The neighboring town of Paintsville is under 15 miles away on U.S. Route 23, while larger cities like Ashland are about 70 miles away. Lexington is about 120 miles away. Highlands Appalachian Regional Healthcare Regional Medical Center is the nearest hospital, about 5 miles north of the town center. Huntington Tri-State Airport is less than 70 miles away.

Andi Sink
Written By
Andi Sink

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Schools

Source:
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Parks in this Area

Prestonsburg Housing Trends

Housing Trends

Median List Price
$189,000
Median Sale Price
$160,100
Median Single Family Sale Price
$165,200
Median Change From 1st List Price
7%
Last 12 months Home Sales
48
Median Home Sale Price YoY Change
-3%
Average Price Per Sq Ft
$107

Area Facts

Number of Homes in Neighborhood
611
Number of Homes for Sale
12
Median Year Built
1982
Months of Supply
3.00
Average Single Family Home Size Sq Ft
2,182
Above the national average
1,924
Average Townhouse Size Sq Ft
1,793
Median Lot Size Sq Ft
17,206

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Prestonsburg Has More Owners

Demographics

Total Population
3,450
Median Age
44
Population under 18
22.1%
On par with the national average
23.8%
Population over 65
22.9%
On par with the national average
19.1%

Finances

Median Household Income
$34,184
Significantly below the national average
$71,702
Average Household Income
$57,620

Education and Workforce

High School Graduates
76.7%
College Graduates
14.8%
Below the national average
34.1%
Advanced Degrees
4.1%
% Population in Labor Force
46.2%
Below the national average
65.1%

Weather

Annual Precipitation
43''
Average Winter Low Temperature
24°F
Average Summer High Temperature
86°F
Annual Snowfall
14''

Area Factors

Somewhat Bikeable

Bike Score®®

4 / 100

Car-Dependent

Walk Score®®

42 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Prestonsburg