Preston Cove
Homes for Sale in St. Cloud, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Stellar MLS
As of September 2026, Preston Cove Ph 1 & 2 in St Cloud, FL has 16 homes for sale and 9 pending, asking from $320,000 to $459,000 (median $331,008). Over the 12 months ending 2026-09-20, 96 recorded sales closed at a median of $341,490, $217 per square foot, a median 43 days on market, sellers accepting 97% of original asking (-2% versus the prior year). Homes listed or recently sold were built 2024–2026 with 35 new construction; 36 of 37 report an HOA (median $91/mo); 1 of the 28 geocoded homes sit in a FEMA special flood hazard zone (median elevation 71 ft). At the median price and Osceola County's FY2025-26 rate of 15.23 mills, annual property tax runs about $5,200 ($4,600 with the full homestead exemption).
| Location | St Cloud, Osceola County, FL · ZIP 34771 |
|---|---|
| Homes in the community | 183 (FL DOR 2025 assessment roll) |
| Years built | 2022–2024 (median 2024) |
| Typical living area | 2,066 sq ft (median) |
| Home types (current listings and sales) | townhouses 84%, single-family 14% |
| Amenities listed by sellers | Pool, Deed Restrictions, Playground, Dog Park, Pickleball Court(s), Fitness Center |
| Sale prices, last 12 months | $341,490 median across 96 closed sales · $217 per sq ft · -2.3% vs the prior 12 months |
| Days on market (closed sales) | 43 median |
| For sale right now | 11 active, 10 pending · median asking $324,990 · 1.4 months of supply |
| Owner-occupied (homestead) share | 20% |
Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2024 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Preston Cove Ph 1 & 2 key facts,” movewithmomentum.com/neighborhoods/preston-cove-ph-1-2, data as of September 20, 2026.
Last 30 days in Preston Cove: 13 new listings (median asking $326,025), 9 under contract right now, 9 closed sales (median $323,990). As of September 27, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.
Homes For Sale Right Now in Preston Cove
Live MLS inventory for Preston Cove. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Preston Cove listings as of 2026-09-26, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2024 through 2026. Tap any home to ask about it.
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 right now
🔴 Seller-leaning market. 1.4 months of supply and 48% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 20, 2026. Confidence: Very High (21 active and pending listings, 96 closed sales in 12 months).
🟡 Off the recent peak. The trailing-12-month median ($341K) is down 2.3% from the prior 12 months ($349K).Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending September 20. Confidence: Very High (96 and 104 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 27, 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 market snapshot (as of September 20, 2026): the median sale price is about $341K ($217 per sq ft over the trailing 12 months of closed sales), a median 44 days on market for closed sales, and 1.4 months of supply, a seller-leaning market. The trailing-12-month median is down 2% from the prior 12 months, computed from record-level Stellar MLS closed sales (96 closings in the current window).
In ZIP 34771 (St Cloud), 2,895 homes closed in the last 12 months at a median of $436K ($211/sq ft), up 0.5% year over year, with a median 45 days on market. Right now 473 active and 208 pending listings put supply at about 3.4 months — a healthy market. See the live ZIP 34771 housing market and the Osceola County market.
County records show 146 qualified sales in Preston Cove across 2024–2025 (132 in 2024, 14 in 2025), median $363,600 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Flood zones in Preston Cove: of 22 listing addresses checked against the FEMA National Flood Hazard Layer, 95% sit outside the FEMA Special Flood Hazard Area (Zone X); 5% are in an A-series high-risk zone where flood insurance is required with a federally backed mortgage. Individual parcels vary — verify any specific address at msc.fema.gov. See flood zones by neighborhood in St Cloud.
Preston Cove 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.
The setting & the homes.
Aerial and on-site photos of Preston Cove. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from Stellar MLS listings in Preston Cove; content deemed reliable but not guaranteed.
Who Preston Cove 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
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($341K) IS the median in the snapshot above, and the move from 2025 ($349K) IS the -2.3% one-year change.
Windows contain 44 to 104 sales each (96 in the current window); every figure carries its sample size. Based on Stellar MLS data distributed by MLS GRID for the period 2024 through 2026. Deemed reliable but not guaranteed.
36% of homes for sale in Preston Cove are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-27).
Preston Cove Ph 1 2 Market Scorecard
Preston Cove Ph 1 2 is currently a strong seller's market. About 1.9 months of supply, a median asking price of $331,008, and homes go under contract in about 5 days.
Typical home value in the 34771 ZIP is $431,565, about 14.3% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Preston Cove Ph 1 & 2, St Cloud
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
Preston Cove on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.
The Preston Cove buying strategy.
If we were buying in Preston Cove 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.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
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.
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. 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 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 4 factors (6.1). Basis: Recent Direction -2.3% year-over-year; Liquidity & Demand 1.4 months of supply; Owner Commitment 20% owner-occupied; Pricing Power 97.4% 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 in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $91/month (about $1,092/yr) · median of 498 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $91 per month ($1,092 a year) — the median AssociationFee across 498 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
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 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 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, 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 home worth?
Get a no-obligation home value based on real comparable sales in Preston Cove, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Preston Cove on the map →
Recently off market in Preston Cove Ph 1 & 2
Homes in Preston Cove Ph 1 & 2 that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 5 on record.
- 276 Preston Cove Drive · off market
- 592 Preston Cove Drive · off market
- 761 Preston Cove Drive · off market
- 792 Preston Cove Drive · off market
- 796 Preston Cove Drive · off market
Frequently Asked Questions
What is the median home price in Preston Cove?
How long do homes in Preston Cove take to sell?
Is Preston Cove a buyer's or seller's market right now?
How many homes are in Preston Cove?
What share of Preston Cove is owner-occupied?
When were the homes in Preston Cove built?
Who is the best real estate agent for Preston Cove?
How do I find a top St Cloud real estate agent who knows Preston Cove?
Can Momentum Realty connect me with an agent for Preston Cove?
Where is Preston Cove, and what county is it in?
Is Preston Cove in a flood zone?
Is Preston Cove a good place to live?
Should you buy in Preston Cove?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 26, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (10 streets, ZIP 34771)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2024 (244 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 local comps.
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See how Preston Cove Ph 1 & 2 fits the bigger picture — live prices, inventory, and Momentum Scores:
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