Preston Hollow Home Values — local market information and seller guidance from Bale Real Estate Group. Call or text 972-469-0332.
Location
Preston Hollow, an affluent and prestigious neighborhood in North Dallas, Texas, is known for its luxurious estates and prime location. Bordered by Northwest Highway (Loop 12) to the south, Midway Road to the west, Hillcrest Road to the east, and Royal Lane to the north, Preston Hollow offers convenient access to key areas of Dallas. Its proximity to major highways such as the Dallas North Tollway and U.S. Route 75 (Central Expressway) allows residents to easily navigate the city and reach downtown Dallas in about 15 minutes.
Surrounding communities include University Park and Highland Park to the south, forming the Park Cities, known for their high-end shopping and dining options. To the west lies the bustling commercial district of Inwood Village, while the northern boundary leads to the business hubs of North Dallas. This strategic location not only places residents within close reach of major business districts but also provides easy access to top-notch amenities and services.
Living in Preston Hollow means enjoying a serene residential environment while benefiting from the convenience of urban living. The neighborhood’s tree-lined streets and spacious properties offer a tranquil retreat, yet residents are never far from the dynamic offerings of Dallas. With its ideal location and easy highway access, Preston Hollow is one of Dallas’s most sought-after neighborhoods. Call for your Preston Hollow Home Values.
Lifestyle
Preston Hollow offers an upscale and sophisticated lifestyle, making it one of the most desirable neighborhoods in Dallas. The area is renowned for its expansive estates, manicured lawns, and lush greenery, providing a peaceful and picturesque setting. Residents enjoy a high quality of life, with access to exclusive amenities and services that cater to a discerning clientele. The neighborhood’s serene atmosphere and beautiful surroundings create a sense of privacy and tranquility that is hard to find in more urbanized areas.
The community is known for its active and engaged residents who take pride in their neighborhood. Numerous social clubs, events, and philanthropic activities foster a strong sense of community and provide opportunities for residents to connect and network. The Preston Hollow Women’s Club and various neighborhood associations organize events ranging from charity galas to family-friendly gatherings, enhancing the sense of camaraderie among residents.
In addition to its community-oriented atmosphere, Preston Hollow boasts a wealth of dining, shopping, and recreational options. The neighborhood’s proximity to high-end retail centers such as NorthPark Center and the Shops at Park Lane offers residents access to luxury brands and fine dining. For those seeking a vibrant social scene, the nearby Uptown and Downtown Dallas areas provide a plethora of entertainment options, from trendy bars and restaurants to cultural venues and live music.
Schools
Preston Hollow is served by some of the best schools in the Dallas area, making it an attractive destination for families prioritizing education. The neighborhood falls within the Dallas Independent School District (DISD), which includes several top-rated public schools known for their academic excellence and comprehensive programs. Preston Hollow Elementary School and Hillcrest High School are notable public schools in the area, offering rigorous curricula and a wide range of extracurricular activities.
In addition to public schools, Preston Hollow is home to some of Dallas’s most prestigious private schools. St. Mark’s School of Texas, an elite all-boys school, and Hockaday School, an all-girls institution, are both located nearby and consistently rank among the top private schools in the nation. These schools offer exceptional academic programs, extensive extracurricular opportunities, and state-of-the-art facilities, ensuring students receive a well-rounded and high-quality education.
Higher education options are also accessible, with Southern Methodist University (SMU) located just a short drive away in University Park. SMU offers a variety of undergraduate and graduate programs and is known for its strong emphasis on research, business, law, and the arts. The availability of top-tier educational institutions at all levels makes Preston Hollow a prime location for families seeking the best education for their children. Call for your Preston Hollow Home Values.
Entertainment
Preston Hollow offers a wealth of entertainment options that cater to a variety of interests and tastes. The neighborhood’s close proximity to premier shopping destinations like NorthPark Center, one of the most upscale malls in the country, provides residents with access to luxury retailers, gourmet dining, and high-end boutiques. NorthPark also hosts seasonal events, art exhibitions, and live performances, making it a vibrant cultural hub.
For those who enjoy the arts, the nearby Dallas Arts District, the largest urban arts district in the United States, is home to a plethora of cultural institutions. The Dallas Museum of Art, the Nasher Sculpture Center, and the Winspear Opera House offer world-class exhibitions, performances, and cultural events. Residents of Preston Hollow can easily immerse themselves in the rich artistic and cultural scene of Dallas, enjoying everything from classical music concerts to contemporary art installations.
Dining and nightlife in Preston Hollow and its surrounding areas are equally impressive. The neighborhood itself is dotted with gourmet restaurants, chic cafes, and trendy bars, offering a diverse culinary scene. Nearby Uptown and Downtown Dallas further expand the dining and nightlife options, with a wide array of restaurants, cocktail lounges, and live music venues. Whether you prefer a quiet dinner at an upscale restaurant or a lively night out, Preston Hollow provides easy access to some of the best entertainment Dallas has to offer.
Recreation
Preston Hollow is a paradise for outdoor enthusiasts and those who appreciate an active lifestyle. The neighborhood boasts numerous parks and green spaces, providing ample opportunities for recreation and relaxation. Preston Hollow Park and the nearby Flag Pole Hill Park offer scenic walking trails, picnic areas, and playgrounds, perfect for family outings and outdoor activities. The beautifully landscaped parks and tree-lined streets encourage residents to enjoy the outdoors and maintain an active lifestyle.
For golf enthusiasts, the nearby Brook Hollow Golf Club and the Dallas Country Club provide world-class facilities and beautifully manicured courses. These prestigious clubs offer a variety of amenities, including tennis courts, swimming pools, and fine dining options. Membership at these clubs provides not only access to top-notch recreational facilities but also opportunities for socializing and networking within the community.
Fitness and wellness are also integral to the Preston Hollow lifestyle. The neighborhood is home to several state-of-the-art fitness centers and yoga studios that cater to all levels of fitness enthusiasts. Additionally, the close proximity to the Katy Trail, a popular running and biking trail that stretches through Dallas, offers residents a scenic route for jogging, cycling, and leisurely walks. With its abundance of parks, trails, and recreational facilities, Preston Hollow encourages a healthy and active lifestyle for all its residents. Call for your Preston Hollow Home Values.
Business
Preston Hollow’s prime location within the Dallas metropolitan area makes it an excellent place for business and employment opportunities. The neighborhood is close to several major business districts, including the booming Uptown area and the Downtown Dallas central business district. These areas are home to numerous corporate headquarters, financial institutions, and professional services firms, offering a wide range of job opportunities in various industries.
The nearby Dallas North Tollway corridor is another significant business hub, hosting many Fortune 500 companies and tech firms. This area’s rapid growth and development have created a dynamic environment for business and innovation, attracting professionals from across the country. Major employers such as AT&T, Southwest Airlines, and Texas Instruments are all within easy commuting distance from Preston Hollow, providing a diverse array of employment opportunities for residents.
Additionally, the Dallas-Fort Worth International Airport, one of the busiest airports in the world, is just a short drive away, enhancing Preston Hollow’s connectivity to global markets. This accessibility makes the neighborhood an attractive location for businesses and professionals who require frequent travel. With its strategic location and proximity to major business districts, Preston Hollow offers residents excellent opportunities for career advancement and professional growth. Call for your Preston Hollow Home Values.
Homes
The housing market in Preston Hollow is known for its luxurious and diverse offerings, catering to a wide range of preferences and lifestyles. The neighborhood is renowned for its sprawling estates, many of which sit on large, beautifully landscaped lots. These grand homes often feature exquisite architectural designs, high-end finishes, and extensive amenities such as private pools, tennis courts, and guest houses. The tree-lined streets and well-maintained properties add to the overall charm and exclusivity of the area.
In addition to expansive estates, Preston Hollow offers a variety of single-family homes that range from charming, older properties with historical significance to modern, newly constructed residences. These homes often feature spacious floor plans, contemporary designs, and upscale amenities, making them ideal for families and professionals seeking both comfort and style. The diverse architectural styles, from traditional to modern, ensure that there is something to suit every taste.
For those seeking a more low-maintenance lifestyle, Preston Hollow also offers a selection of upscale townhouses and condominiums. These properties often come with community amenities such as fitness centers, pools, and concierge services, providing convenience and luxury. Whether you are looking for a grand estate, a comfortable family home, or a stylish townhouse, Preston Hollow’s diverse housing options ensure that you can find the perfect home to meet your needs. Call for your Preston Hollow Home Values.
How Bale Real Estate Group Helps Sellers Prepare and Market a Home
Bale Real Estate Group builds the listing strategy around the individual property, current market conditions and the seller’s goals. The process can include a professional pre-listing inspection through our Certified Pre-Owned Home Listing Program, professional staging when appropriate, strategic pricing, professional photography, Zillow Showcase, offer analysis, negotiation and contract-to-close guidance.
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Preston Hollow Home Values Market Statistics
April 2025 Market Data (Historical)
In March 2025, the Preston Hollow neighborhood in Dallas, Texas, had approximately 284 active homes for sale, with prices ranging from $1,250,000 to $6,950,000. The median home value in this area was approximately $1,237,900, reflecting a 23.6% increase over the past year. Homes in Preston Hollow typically feature 4 to 6 bedrooms and 4 to 7 bathrooms, with sizes ranging from approximately 4,000 to 8,000 square feet. The neighborhood continues to attract buyers seeking luxurious estates, tree-lined streets, and proximity to downtown Dallas.
March 2025 Market Data (Historical)
In February 2025, Preston Hollow in Dallas, Texas, had a median listing price of $2.3 million, remaining stable year-over-year. Homes in this neighborhood typically feature 4 to 6 bedrooms and 4 to 8 bathrooms, with sizes ranging from approximately 4,000 to 10,000 square feet. The neighborhood continues to attract buyers seeking luxury estates, tree-lined streets, and proximity to downtown Dallas.
February 2025 Market Data (Historical)
In January 2025, the Preston Hollow neighborhood in Dallas, Texas, had approximately 278 active homes for sale, with prices ranging from $1,223,833 to $1,600,000. The median home value in this area was approximately $1,223,833, reflecting a 24.2% increase over the past year. Homes in Preston Hollow typically feature 4 to 5 bedrooms and 4 to 6 bathrooms, with sizes ranging from approximately 4,000 to 6,000 square feet. The neighborhood continues to attract buyers seeking luxurious estates, tree-lined streets, and proximity to downtown Dallas.
December 2024 Market Data (Historical)
In November 2024, Preston Hollow in Dallas, Texas, had 329 active homes for sale, with prices ranging from $550,000 to $40,000,000. The median home price in this neighborhood was approximately $1,196,333, reflecting a 21.0% increase over the past year. Homes in this area typically feature 4 to 6 bedrooms and 4 to 8 bathrooms, with sizes ranging from approximately 3,500 to over 10,000 square feet. The neighborhood continues to attract buyers seeking luxury living with convenient access to Dallas’s amenities.
November 2024 Market Data (Historical)
In October 2024, Preston Hollow in Dallas, Texas, had 361 homes listed for sale, with prices ranging from approximately $569,300 to over $10 million. The average home value in this prestigious neighborhood was $1,196,333, reflecting a 21% increase from the previous year. Homes in Preston Hollow typically feature 4 to 6 bedrooms and 4 to 8 bathrooms, with sizes ranging from approximately 3,500 to over 10,000 square feet. The neighborhood continues to attract buyers seeking luxury living and convenient access to Dallas’s high-end amenities.
October 2024 Market Data (Historical)
Realtor – Home values in Preston Hollow · $2.2M Median listing home price · $493. Median listing home price/Sq ft · $569.3K
Redfin – The median sale price of a home in Preston Hollow was $1.9M last month, up 30.4% since last year. The median sale price per square foot in Preston Hollow is $421
Rocket – The median home list price in Preston Hollow North was $2,702,000 in July 2024, up 6.9% from the previous year,
Historical Market Data — September 2024
Realtor – Preston Hollow housing market … The median listing home price in Preston Hollow was $2.5M in July 2024
Red Fin – In July 2024, Preston Hollow home prices were up 64.1% compared to last year, selling for a median price of $2.1M. On average, homes in Preston Hollow sell after 46 days on the market compared to 27 days last year. There were 65 homes sold in July this year, down from 89 last year.
Zillow –
The average Preston Hollow, TX home value is $636,617, up 0.1% over the past year.
