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Foreclosure Homes in Preston, MD

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Preston, MD Foreclosures

How much do homes sell for in Preston, MD?
The average home price is currently $379,561.
In Preston, MD, how many homes are available?
There are currently 54 active home listings available in Preston.
What’s the average rental cost in Preston, MD?
The average rental price in Preston is $1,383.
What is the most expensive home in Preston?
The most expensive home sold in Preston had a price of $7,173,176.
What is currently the cheapest priced home in Preston, MD?
The cheapest home for sale in Preston is priced at $19,513.

Living in Preston, MD

Preston, MD is a charming rural town known for its friendly community and scenic surroundings. Residents enjoy a peaceful lifestyle with access to various outdoor activities and quality education. The town's proximity to larger cities ensures that all necessary amenities are within reach, making it an ideal location for families and individuals seeking tranquility.

Current Market Conditions in Preston, MD

Preston's real estate market is currently showing signs of stability, with moderate appreciation in home values over the past year. This small town appeals particularly to families and retirees looking for a quiet lifestyle while still being connected to urban amenities within a short drive.

Although it is a small town, recent trends indicate a growing interest in Preston due to its affordability compared to nearby cities like Easton. As more people seek out rural homes with larger properties, Preston's market is poised for potential growth, catering to those who want to escape the hustle of the city.

Home Value Estimator For Preston, MD

There are currently 1,984 real estate properties in Preston, MD, with a median automated valuation model (AVM) price of $327,438.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Preston, MD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Preston, MD, is $379,561.00, with the most expensive house in Preston, MD, topping out at $7,173,176.00 and the cheapest home in Preston, MD, clocking in at $19,513.00. In other words, there’s something for every potential homebuyer or savvy investor in Preston, MD!

Rent Prices In Preston, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Preston, MD, is on a rollercoaster ride. The average rent price in Preston, MD, is $1,383.00. Indeed, when looking to rent in Preston, MD, you can expect to pay as little as $850.00 or as much as $3,000.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Preston, MD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Preston, MD Foreclosures


Market Trend for Preston, MD

Total Listings Available: 54

Market Values:

Home Prices from $19,513 to $7,173,176

Average Sales Price: $379,561

Rental Values:

Rental from $850 to $3,000

Average Rent Value: $1,383 / month

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