Preston, MD Real Estate
According to census data in the year 2000 there were 240 housing units in Preston.
This represents a 26.3% growth from 190 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 240 were located in what is classified as a rural area.
Homeownership rate in Preston is about 78.8%.
Preston's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.54 people.
The majority of houses, apartments or condos in Preston were built after 1952.
Statistics
Housing Size
Housing Units by Size |
| Studio Type | 0% |
| One Bedroom | 5.80% |
| Two Bedrooms | 20% |
| Three Bedrooms | 52.10% |
| Four Bedrooms | 16.70% |
| Five Bedrooms or more | 5.40% |
Owned Homes, Apartments and Condos
Average Household Size | 2.72 |
Median year structure was built | 1953 |
Median Value of occupied units | $103,200 |
Median Price asked for vacant units | $93,300 |
Rented Homes, Apartments and Condos
Average Household Size | 1.88 |
Median year structure was built | 1948 |
Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
Housing Finance |
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.80% |
| Home Equity Loan | 8.70% |
| Simple Mortgage | 59.30% |
| Debt Free | 26.20% |
Median part of Monthly Household Income dedicated to covering home ownership costs | 19.5% |