Preston Cove Ph 1 & 2
Homes for Sale in St Cloud, FL
True comps, carrying-cost math, and listings before the portals.
Preston Cove is a new-construction subdivision in St Cloud, with homes built between 2022 and 2024 and a median build year of 2024. That youth is the single biggest driver of price here: at a median around $343,990 and roughly $215 per square foot on about 2,066 square feet, you are paying for recently completed homes rather than location scarcity or renovation premiums. Price differences within the community come down to floor plan, square footage, and finish level, not vintage.
The market posture is soft but orderly. Prices are down about 2% year over year, and the median home takes roughly 47 days to sell — slower than a frenzy, brisk enough that well-priced homes still move. For buyers, that combination means room to negotiate and time to think. For sellers, it means pricing to the current comps matters more than it did a year ago; the market is not rewarding optimism.
Preston Cove Ph 1 & 2 right now
🟡 Off the recent peak. The trailing-12-month median ($345K) is down 1.7% from the prior 12 months ($351K).Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 15. Confidence: Very High (93 and 115 sales in the two windows).
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Updated July 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Preston Cove Ph 1 & 2 right now
🟡 Off the recent peak. The trailing-12-month median ($345K) is down 1.7% from the prior 12 months ($351K).Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 15. Confidence: Very High (93 and 115 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Preston Cove Ph 1 & 2 market snapshot (as of July 15, 2026): the median sale price is about $345K ($215 per sq ft over the trailing 12 months of closed sales), and a median 47 days on market for closed sales. The trailing-12-month median is down 2% from the prior 12 months, computed from record-level Stellar MLS closed sales (93 closings in the current window).
Preston Cove Ph 1 & 2 is a community of 183 homes in St Cloud, Osceola County, built between 2022 and 2024 (median 2024), with a median living area of about 2,066 square feet. 20% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Preston Cove Ph 1 & 2 is a compact, newly built community of 183 homes in St Cloud that has seen heavy turnover — 94 closings in the tracked window — as a brand-new subdivision fills in and resells.
Who Preston Cove Ph 1 & 2 is best for.
Best for
- Buyers targeting a move-in-ready, newly built home around the mid-$340s without the timeline of new construction
- Buyers who value a cohesive, recently built streetscape over architectural variety
- Patient buyers comfortable negotiating in a market with roughly 47 days on market and soft pricing
Probably not for
- Buyers counting on near-term price growth, given the year-over-year decline
- Buyers who want an older, established neighborhood with mature landscaping and varied home ages
- Sellers unwilling to price to current comps in a market that is not rewarding optimism
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($345K) IS the median in the snapshot above, and the move from 2025 ($351K) IS the -1.7% one-year change.
Windows contain 19 to 115 sales each (93 in the current window); every figure carries its sample size. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.
The Preston Cove Ph 1 & 2 buying strategy.
If we were buying in Preston Cove Ph 1 & 2 today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Preston Cove Ph 1 & 2.
A new community still finding its resale footing
With 94 closings against 183 homes, a large share of this community has changed hands in the tracked window — normal for a subdivision this new, where builder deliveries and early resales overlap. That volume gives buyers unusually good comparables to work from and gives the whole community a consistent, of-a-piece feel, since nearly everything dates to 2022 through 2024.
One number worth flagging: the homestead share sits at about 20%. That points to a meaningful proportion of homes held as something other than a primary residence. It is not a value judgment, but it is context — resale competition here can include investor-held inventory, and that can affect both how quickly a listing sells and how much price discipline the market shows.
The location and the amenities are priced into every listing in Preston Cove Ph 1 & 2. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Preston Cove Ph 1 & 2 buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.3). Basis: Recent Direction -1.7% year-over-year; Owner Commitment 20% owner-occupied; Pricing Power 97.6% sale-to-list. Refreshed with each data update.
Why work with Momentum here
New-construction communities look uniform on paper, but 2,066 square feet in one plan is not the same buy as another at the same price, and a softening market rewards buyers who read the comps closely. We track the closings here in detail, know which floor plans and finish levels justify a premium, and will tell you plainly when a listing is priced ahead of what the last 94 sales support.
Preston Cove Ph 1 & 2 in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Preston Cove Ph 1 & 2 buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Preston Cove Ph 1 & 2 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Preston Cove Ph 1 & 2, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Preston Cove Ph 1 & 2 home worth?
Get a no-obligation home value based on real comparable sales in Preston Cove Ph 1 & 2, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Preston Cove Ph 1 & 2?
How long do homes in Preston Cove Ph 1 & 2 take to sell?
How many homes are in Preston Cove Ph 1 & 2?
What share of Preston Cove Ph 1 & 2 is owner-occupied?
When were the homes in Preston Cove Ph 1 & 2 built?
Do cash buyers compete in Preston Cove Ph 1 & 2?
Who is the best real estate agent for Preston Cove Ph 1 & 2?
How do I find a top St Cloud real estate agent who knows Preston Cove Ph 1 & 2?
Can Momentum Realty connect me with an agent for Preston Cove Ph 1 & 2?
Should you buy in Preston Cove Ph 1 & 2?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (10 streets, ZIP 34771)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2024 (227 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($345K) IS the median in the snapshot above, and the move from 2025 ($351K) IS the -1.7% one-year change.
Windows contain 19 to 115 sales each (93 in the current window); every figure carries its sample size. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (10 streets, ZIP 34771)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2024 (227 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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