Why Live in Preston Park
Preston Park in Roanoke, VA, is a neighborhood that combines suburban tranquility with urban convenience. Annexed from Roanoke County in 1949, it features ranch-style homes on wide, walkable streets, with yards spacious enough for outdoor activities. The neighborhood is bordered by the Roanoke-Blacksburg Regional Airport, which can contribute to some noise, but residential streets remain quiet. Williamson Road, the main commercial thoroughfare, offers a variety of businesses, including car dealerships, antique stores, and dining options like the New Yorker Deli and Basil Pizza Roanoke. For nightlife, W.R. Brews provides a casual dive bar atmosphere with pool tables. Shopping is convenient with the nearby Valley View Mall and grocery stores like Aldi and Kroger. Preston Park itself is a green space with playgrounds, sports courts, and the Preston Recreation Center, which hosts various programs and events. The Blue Hills Golf Club, a short drive away, offers an 18-hole course with scenic mountain views. The neighborhood's housing includes ranch-style, Cape Cod, and American Foursquare homes, with some split-level and Colonial Revival properties. While the local schools have mixed ratings, the area is family-oriented with activities for all ages. Preston Park is well-connected, with bus stops along Williamson Road and easy access to U.S. Interstate 81. Downtown Roanoke is just 3 miles south, making it convenient for commuting and accessing city amenities.
Home Trends in Preston Park, VA
On average, homes in Preston Park, Roanoke sell after 65 days on the market compared to the national average of 70 days. The median sale price for homes in Preston Park, Roanoke over the last 12 months is $394,820, down 34% from the median home sale price over the previous 12 months.
Median Sale Price
$394,820
Median Single Family Sale Price
$389,740
Median Townhouse Sale Price
$349,990
Median 2 Bedroom Sale Price
$437,000
Median 1 Bedroom Sale Price
$385,000
Average Price Per Sq Ft
$320
Number of Homes for Sale
17
Last 12 months Home Sales
60
Median List Price
$387,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-34%