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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 Type0%
One Bedroom5.80%
Two Bedrooms20%
Three Bedrooms52.10%
Four Bedrooms16.70%
Five Bedrooms or more5.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1953
Median Value of occupied units$103,200
Median Price asked for vacant units$93,300

Rented Homes, Apartments and Condos

Average Household Size1.88
Median year structure was built1948
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.80%
Home Equity Loan8.70%
Simple Mortgage59.30%
Debt Free26.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%