The Preakness housing market is somewhat competitive. The median sale price of a home in Preakness was $595K last month, up 6.7% since last year. The median sale price per square foot in Preakness is $374, up 8.6% since last year.
What is the housing market like in Preakness today?
$595K
Sale Price
+6.7% since last year
$374
Sale $/Sq. Ft.
+8.6% since last year
Over List Price
4.7%
Days on Market
37
Down Payment
20.0%
Total Homes Sold
4
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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Preakness housing market?
Preakness is somewhat competitive. Homes sell in 37 days.
0
100
62
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 37 days.
Hot homes
can sell for about 10% above list price and go pending in around 14 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Packanack Elementary School
Public • K-5
441
Students
2 reviews
8/10
John F. Kennedy Elementary School
Public • K-5
416
Students
8 reviews
8/10
Randall Carter Elementary School
Public • K-5
334
Students
6 reviews
7/10
Lafayette Elementary School
Public • K-5
301
Students
1 reviews
5/10
Fallon Elementary School
Public • K-5
381
Students
3 reviews
Only showing 5 of
6 elementary schools.
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.