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

The Preston housing market right now

In the three months ending August 31, 2026, 30% of homes in Preston, MD 21655 sold above their list price, the typical home went under contract in 65 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 24 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (72 days then) and the median sale price fell 20% to $347,849. Overall, Preston is more competitive than a year ago, so tougher for buyers.

Within Caroline County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Preston ranks #187 of 241 MD ZIP codes with enough sales (score 51 out of 100).

Nearby, buyers who want less competition could look at Henderson 21640 (0% sold over asking) or Ridgely 21660 (7% sold over asking), while Goldsboro 21636 (75% sold over asking) is even more competitive.