“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”
Century 21 Elite Realty
- Agent Pronto
- New Jersey
- Preakness
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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 March 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, updated for March 2026. *
Preakness is currently tilted toward sellers, with the market gauge at 18 indicating clear seller leverage. Limited supply is a big factor, with only 21 homes for sale and just 1.9 months of supply. Typical home values sit around $585,000, slightly below Passaic County’s $615,000, which still keeps the area in higher-price territory.
Recent pricing patterns tell a more complex story. Typical home values jumped month over month by 79.17 percent even as the median list price slid about 20.01 percent to $639,900, pointing to some sellers adjusting expectations while underlying values stay strong. Homes are taking longer to sell, with median days on market rising to 118 and up more than 350 percent from a year ago, yet buyers are still paying close to asking, with an average sale-to-list ratio near 1.00 and about 36 percent of sales closing above list.
Activity levels show some cooling, as pending sales are down about 14 percent year over year and new listings have fallen roughly 13 percent, while inventory has dropped 22.22 percent compared with last year and is projected to edge down to 19 homes in March. Looking ahead, typical home values are projected to rise to about $714,250 even as the projected median list price dips to $559,850, which may create openings for patient buyers. Whether you are trying to navigate these shifts as a buyer or position your property strategically as a seller, Agent Pronto can connect you with an experienced local agent who understands the Preakness numbers in detail.
18
Seller’s Market
Seller’s Market
Buyer’s Market
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Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.
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.
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“Brandy worked very hard to get my property sold. As well as communicating with me consistently throughout the process. And she negotiated hard to get the offer up as high as possible. I highly recommend Brandy Seltzer”
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.”
Century 21 Action Plus Realty
“It was a kind of long journey and Julia helped me a lot through it providing all the support and information I needed. The professionalism and the knowledgment of her work is the big asset of hers. I am very pleased with her work and care she gave me. It would be very hard to go through the whole process without her.”
Century 21 Christel 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!”
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.”
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”
Keller Williams Metropolitan
“Travis is the best. He loves his job.”
eRealty Advisors
“I was so happy to have Shawn as my real estate agent. He did a great job, he's the best!”
Compass New Jersey LLC
“Always kept me up to date in a timely manner!”
Keller Williams Real Estate
“Cathleen was helpful and responsive!”
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.”
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! ”
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!”
Coldwell Banker Realty
Frequently Asked Questions
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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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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Preakness Realtor® or real estate agent today.
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