Is Preston, MD 21655 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Preston is a seller’s market. With about 2.8 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.8Under 4 months = seller’s market
Sold above original list30.4%Share of sales, last 3 months
Median sale-to-list98.7%Sold price ÷ list price
Median days on market65Listing to accepted offer
Median price per sq ft$221▼ −8.0% vs. last year

Nearby markets

Denton 21629Balanced $188 /sq ftFederalsburg 21632Balanced $184 /sq ftGoldsboro 21636Seller’s market $263 /sq ftGreensboro 21639Balanced $179 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology