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Homes Under $300,000 in Preston, Utah
Preston sits just over the Idaho line in Franklin County — technically Preston, Idaho, not Utah, though most Cache Valley buyers treat it as an extension of the Logan market. Under $300K here still buys a real house in 2024, which is increasingly rare anywhere within commuting distance of Logan, USU, and the north end of the Wasatch Front. At this price point, expect older homes in town on streets like South State, North 1st East, and the grid around Preston High, plus the occasional manufactured home on a larger lot toward Dayton or Franklin. Square footage typically runs 900 to 1,600 finished, and most properties in this range were built between the 1940s and the 1980s, so condition varies widely from updated cottages to fixer-uppers needing roof, HVAC, or electrical work.
The trade-off buyers make at this price is straightforward: Preston is roughly 25 minutes north of Logan and about two hours from downtown Salt Lake, so it works for USU staff, hospital workers at Franklin County Medical Center, agriculture jobs, and remote workers who want acreage potential without Cache Valley pricing. Winters are cold (single digits aren't unusual in January) and summers are dry and pleasant. Property taxes through Idaho are noticeably lower than what you'd pay on a comparable home in Utah, which helps the monthly math. Inventory under $300K moves quickly when something turnkey hits the MLS, so checking back often matters. Browse the active listings below to see what's currently available.
May 2026 · Preston market
Live from the Utah MLS — what's actually happening in Preston right now.
Median sale
$334,000
8 closed in May 2026
Median DOM
36 days
listing → contract
Sale-to-list
97.1%
of final list price
Unsold inventory
44
active + pending
28 matching · page 2 of 2
Active listings
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Common questions
About homes under $300k in Preston.
What kind of home can I actually get under $300K in Preston? ▾
Most listings in this range are 2-3 bedroom homes built between 1900 and 1985, often on larger lots than you'd see in Logan. You'll also see the occasional manufactured home on owned land, and once in a while a fixer with acreage on the edge of town. Move-in-ready homes at this price tend to go under contract within a couple of weeks.
Is Preston in Utah or Idaho, and why does it show up on Utah MLS searches? ▾
Preston is in Franklin County, Idaho, about 25 miles north of Logan. It's part of the Cache Valley region and shares the same labor market and shopping corridor, so it gets cross-listed and searched alongside Utah cities like Richmond and Lewiston. Many buyers working in northern Utah end up here for the lower price point.
How's the commute from Preston to Logan or Smithfield? ▾
Logan is roughly 30-35 minutes via US-91, and Smithfield is closer to 20 minutes. Winter driving adds time when storms hit the valley, but the route is a straight shot with no canyons. Plenty of Cache Valley employees, including USU and ICON staff, make the drive daily.
Are property taxes really lower than in Utah? ▾
Yes, Idaho's effective property tax rate in Franklin County typically runs lower than Cache County's, and there's a homeowner's exemption that reduces taxable value on your primary residence. The flip side is Idaho's income tax, so the overall picture depends on your situation.
What should I watch for on inspections at this price point? ▾
Older Preston homes often have aging roofs, original single-pane windows, knob-and-tube or aluminum wiring in the oldest stock, and sometimes failing sewer laterals on city lots. Wells and septic come into play once you're outside city limits. A thorough inspection and a sewer scope are worth the money here.
How often do homes under $300K come on the market in Preston? ▾
Inventory is thin — typically a handful at any given time, and sometimes zero when the market is hot. New listings cluster in spring and early summer. Setting up an MLS alert is the most reliable way to catch them before they go pending.