The median housing value in 21655 Preston, Maryland is $272,400, which is significantly lower than the US median of $338,100. However, over the past year homes in Preston have appreciated by 9.21%, outperforming the national average of 8.27%. This indicates that housing in Preston is becoming more desirable and may result in a further increase in home values over time. With this trend towards appreciation and its current low value relative to the rest of the US, investing in a home or buying a home in Preston may be an attractive option for potential buyers.
The median home cost in Preston (zip 21655) is $272,400. Home appreciation the last 10 years has been 56.7%. Home Appreciation in Preston (zip 21655) is up 14.5%.
Average Age of Homes
- The median age of Preston (zip 21655) real estate is 36 years old
The Rental Market in Preston (zip 21655)
- Renters make up 17.2% of the Preston (zip 21655) population
- 0.0% of houses and apartments in Preston (zip 21655), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.