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Preakness, NJ real estate

Compare top Preakness real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for July 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Preakness real estate Market Report.

Information and statistics on the latest trends in the Preakness real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$722K
+23% from Q1 '26
Median list price
$792K
-1% from Q1 '26
Active listings
80
+6.7% from Q1 '26
Homes sold
50
+28% from Q1 '26
New pendings
54
+3.8% from Q1 '26
New listings
58
+38% from Q1 '26

Quarterly Pricing Trends for Preakness

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Preakness Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $500K Median sale price in Jul 2021 - Sep 2021: $560K Median sale price in Oct 2021 - Dec 2021: $460K Median sale price in Jan 2022 - Mar 2022: $435K Median sale price in Apr 2022 - Jun 2022: $487K Median sale price in Jul 2022 - Sep 2022: $623K Median sale price in Oct 2022 - Dec 2022: $615K Median sale price in Jan 2023 - Mar 2023: $445K Median sale price in Apr 2023 - Jun 2023: $595K Median sale price in Jul 2023 - Sep 2023: $580K Median sale price in Oct 2023 - Dec 2023: $500K Median sale price in Jan 2024 - Mar 2024: $640K Median sale price in Apr 2024 - Jun 2024: $664K Median sale price in Jul 2024 - Sep 2024: $604K Median sale price in Oct 2024 - Dec 2024: $530K Median sale price in Jan 2025 - Mar 2025: $783K Median sale price in Apr 2025 - Jun 2025: $703K Median sale price in Jul 2025 - Sep 2025: $674K Median sale price in Oct 2025 - Dec 2025: $680K Median sale price in Jan 2026 - Mar 2026: $588K Median list price in Apr 2021 - Jun 2021: $529K Median list price in Jul 2021 - Sep 2021: $500K Median list price in Oct 2021 - Dec 2021: $425K Median list price in Jan 2022 - Mar 2022: $475K Median list price in Apr 2022 - Jun 2022: $599K Median list price in Jul 2022 - Sep 2022: $547K Median list price in Oct 2022 - Dec 2022: $550K Median list price in Jan 2023 - Mar 2023: $450K Median list price in Apr 2023 - Jun 2023: $539K Median list price in Jul 2023 - Sep 2023: $539K Median list price in Oct 2023 - Dec 2023: $525K Median list price in Jan 2024 - Mar 2024: $595K Median list price in Apr 2024 - Jun 2024: $599K Median list price in Jul 2024 - Sep 2024: $550K Median list price in Oct 2024 - Dec 2024: $719K Median list price in Jan 2025 - Mar 2025: $584K Median list price in Apr 2025 - Jun 2025: $625K Median list price in Jul 2025 - Sep 2025: $600K Median list price in Oct 2025 - Dec 2025: $718K Median list price in Jan 2026 - Mar 2026: $800K Apr 2021 - Jun 2021 Median sale price $500K Median list price $529K Jul 2021 - Sep 2021 Median sale price $560K Median list price $500K Oct 2021 - Dec 2021 Median sale price $460K Median list price $425K Jan 2022 - Mar 2022 Median sale price $435K Median list price $475K Apr 2022 - Jun 2022 Median sale price $487K Median list price $599K Jul 2022 - Sep 2022 Median sale price $623K Median list price $547K Oct 2022 - Dec 2022 Median sale price $615K Median list price $550K Jan 2023 - Mar 2023 Median sale price $445K Median list price $450K Apr 2023 - Jun 2023 Median sale price $595K Median list price $539K Jul 2023 - Sep 2023 Median sale price $580K Median list price $539K Oct 2023 - Dec 2023 Median sale price $500K Median list price $525K Jan 2024 - Mar 2024 Median sale price $640K Median list price $595K Apr 2024 - Jun 2024 Median sale price $664K Median list price $599K Jul 2024 - Sep 2024 Median sale price $604K Median list price $550K Oct 2024 - Dec 2024 Median sale price $530K Median list price $719K Jan 2025 - Mar 2025 Median sale price $783K Median list price $584K Apr 2025 - Jun 2025 Median sale price $703K Median list price $625K Jul 2025 - Sep 2025 Median sale price $674K Median list price $600K Oct 2025 - Dec 2025 Median sale price $680K Median list price $718K Jan 2026 - Mar 2026 Median sale price $588K Median list price $800K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
15
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Preakness is currently tilted toward sellers, with the market gauge firmly in seller’s market territory. Inventory is lean at about 1.7 months of supply, well below a balanced level. Homes are moving in just 23 days on the market in the latest rolling three-month period, reflecting strong buyer interest.

Home prices show steady upward pressure in this rolling three-month view. The typical home value is about $722,000, up slightly year over year, while the median list price has climbed sharply, rising more than 29 percent from a year ago. Sellers are still achieving strong results, with homes selling for about 104 percent of list price on average and roughly 61 percent of sales closing above asking.

Activity has also picked up compared with last year. Homes sold over the past three months are up about 26 percent year over year, and new listings have increased by roughly 20 percent, giving buyers a bit more choice even as conditions favor sellers. Pending sales have risen at a similar pace, showing that demand is keeping up with the added supply. Whether you are a buyer trying to compete effectively or a seller aiming to maximize your outcome, Agent Pronto can connect you with a local Preakness agent who understands these trends.



Learn more about what Preakness has to offer.

Preakness offers residents a welcoming, tight-knit community with convenient local amenities, ample green spaces, and easy access to schools and services.

Preakness offers a quieter, more residential feel than nearby Paterson or Clifton, while still keeping everyday conveniences close. Tree lined streets, established neighborhoods, and access to green space shape a community that feels stable and well cared for.

Locals make good use of nearby outdoor destinations. Golfers appreciate Preakness Valley Golf Course, while hikers and dog walkers head to High Mountain Park Preserve for sweeping views and wooded trails. Families often connect through youth sports and school events tied to Wayne Township Public Schools, which serve the area.

Daily errands are straightforward, with shopping and dining spread along Hamburg Turnpike and nearby corridors. For culture, dining, and higher education, residents look to Montclair and Wayne or catch events at William Paterson University. Commuters value access to NJ Transit bus and rail links into New York City and destinations across North Jersey.

The local market in Preakness can move quickly, particularly for updated single family homes and properties near parks and schools. Whether you are preparing to list a longtime residence or time a first purchase, having the right agent in place before you act helps you respond confidently to new opportunities. Agent Pronto can connect both buyers and sellers in Preakness with an agent who understands the community and current conditions.

Find your Preakness real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Ms. Torsiello is a pleasure to work with. She is professional, knowledgeable, and friendly. I highly recommend her. Selling a property is stressful. She made the whole experience much easier. I woukd definitely give her a 5 star rating.”

Kathleen Jones · Rockaway Township, NJ

Photo of Julia Torsiello
Century 21 Christel Realty
“Selling my condo felt overwhelming at first, but working with Tina Torres made the entire process smooth and successful from start to finish. Her professionalism, knowledge, communication and dedication were truly outstanding. Tina was always available to answer questions, kept me informed every step of the way and worked incredibly hard to make sure everything stayed on track. Thanks to her expertise, my condo sold quickly and the Closing process went smoothly. What stood out the most was how much Tina genuinely cared about me as a client, not just about making a sale. I always felt supported, respected and confident that I was in the best hands possible. I couldn't have asked for a better experience and would highly recommend Tina Torres to anyone buying or selling a home. She is truly one of the best realtors out there!!”

Michelle Cruz · Elizabeth, NJ

Photo of Tina  Torres
RE/MAX Lifetime Realtors
“Brandy was fantastic every step of the way and stayed consistent throughout this entire process. Highly recommended for anyone in need of a realtor.”

Harris Goldberg · West Haverstraw, NY

Photo of Brandy Seltzer
Century 21 Elite Realty
“Vesna is a top notch Broker and will always stick to her in the future and will also recommend her to anyone who needs real estate broker”

Marcin Wiercioch · Pearl River, NY

Photo of Vesna Kanacki
Century 21 Elite Realty
“Chris was incredible and helped me find my first home. He was very knowledgeable and communicated everything clearly, and I would highly recommend him to my friends and family.”

Vanessa · Morganville, NJ

Photo of Christopher Quinn
Century 21 Action Plus Realty
“I bought my second house with Bryan, and I couldn’t be happier with the experience. He’s incredibly trustworthy, timely, and has an excellent attention to detail. His deep local knowledge made the process smooth and stress-free from start to finish. I highly recommend Bryan to anyone looking for a dependable and professional realtor!”

Matthew Jaeger · Pompton Plains, NJ

Photo of Bryan Adelson
Century 21 Preferred Realty, Inc.
“Rob did well in preparing us for the sale. He understood our needs and time restraints we were under. Whenever we call him, he either anwsered at once or returned the call ASAP. He kept us in the loop at all times, providing an understanding of the next steps. Robert was professional at all times.”

Ray and Linda · Wayne, NJ

Photo of Robert Galvan
Prominent Properties Sotheby's International Realty
“Tuve una experiencia muy agradable buscando casa asta que la encontramos le agradezco muchísimo a Rosse Méndez que Dios la bendiga”

Jairo Veliz · Newton, NJ

Photo of Rosse Mary Mendez
Keller Williams Metropolitan
“Travis is the best. He loves his job.”

Gifty L. · New Windsor, NY

Photo of Travis Waller
eRealty Advisors
“Always kept me up to date in a timely manner!”

Diane S. · Lehighton, PA

Photo of Choice Realty Group
Keller Williams Real Estate
“Cathleen was helpful and responsive!”

Robert D H. · Flemington, NJ

Photo of Cathleen Henriquez-Ali
Coldwell Banker Realty
“Martin's support and guidance made possible the sale of my property in very challenging circumstances. His professional demeanor was critical to land the closing.”

Antonio T. · North Bergen, NJ

Photo of Martin Bianchi
Compass
“Our experience with Bruno Melé was excellent! He did an outstanding work all the time and the sale of our home was smooth and efficient. Thank you! ”

Ana G. · Irvington, NJ

Photo of Bruno Mele
Liberty Realty
“Mrs. Beverley Gaudio was a very pleasant person with professionalism and ideas to work on the sale of my house. I strongly recommend her to anyone who needs to sell their property!”

Luigi S. · Wayne, NJ

Photo of Beverley Gaudio
Coldwell Banker Realty
“Keith Bochner had the same vision as I did. He was there every step of the way and went far and above what was expected. Extremely knowledgeable in the field and guided me correctly all the way. Keith is a true professional. I highly recommend his services!”

Linda A. · Cedar Grove, NJ

Photo of Keith Bochner
Coldwell Banker

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Preakness. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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