The Preakness housing market is somewhat competitive. The median sale price of a home in Preakness was $566K last month, down 2.5% since last year. The median sale price per square foot in Preakness is $354, up 12.7% since last year.
What is the housing market like in Preakness today?
$566K
Sale Price
-2.5% since last year
$354
Sale $/Sq. Ft.
+12.7% since last year
Over List Price
5.5%
Days on Market
32
Down Payment
35.0%
Total Homes Sold
12
To compare other locations to the Preakness and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Haledon add value to a home.
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How hot is the Preakness housing market?
Preakness is somewhat competitive. Homes sell in 32 days.
0
100
66
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 5% above list price and go pending in around 32 days.
Hot homes
can sell for about 11% above list price and go pending in around 15 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Preakness housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Preakness.
Risk Factor
Flood Factor - Minimal
We’re working on getting current and accurate flood risk information
Flood Factor
Overall, Preakness has a minimal risk of flooding impacting the community over the next 30 years.
68% of properties are at risk of wildfire over the next 30 years
Fire Factor
Preakness has a moderate risk of wildfire. There are 49 properties in Preakness that have some risk of being affected by wildfire over the next 30 years. This represents 68% of all properties in Preakness.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Preakness has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Preakness is most at risk from hurricanes. 72 properties in Preakness have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 84 mph.