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City-owned Homes And Land 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 $383,839.
In Preston, MD, how many homes are available?
There are currently 55 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 $7,351,323.
What is currently the cheapest priced home in Preston, MD?
The cheapest home for sale in Preston is priced at $19,998.

Living in Preston, MD

Preston, Maryland is a charming small town located in Caroline County, known for its friendly community and rural charm. The area offers a peaceful lifestyle with close proximity to nature and outdoor activities. Residents enjoy a tight-knit community with local events and gatherings throughout the year.

Current Market Conditions in Preston, MD

The real estate market in Preston has shown stability in recent months, with a slight uptick in demand for homes as more individuals seek the tranquility of rural living. Home prices have remained fairly consistent with slight variances based on property conditions and amenities offered. New listings are appearing regularly, reflecting growing interest in the area.

As urban areas become congested, towns like Preston are increasingly appealing to homebuyers looking for affordable and spacious options. The trend reflects a broader movement towards more suburban settings, where residents can find single-family homes at competitive prices.

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 $326,301.00. 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 $383,839.00, with the most expensive house in Preston, MD, topping out at $7,351,323.00 and the cheapest home in Preston, MD, clocking in at $19,998.00. 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 City-owned Homes And Land


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