Is Perry Hall, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perry Hall is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Perry Hall has remained a Seller's Market.

Key Takeaway

Perry Hall is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Perry Hall, MD cost?

Median Sold Price

$365,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$23,000(+6.7%)

Key Takeaway

Homes in Perry Hall have sold for 6.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $268.5K$300K
+11.7%
3 $326.2K$357.5K
+9.6%
4 $475K$547.5K
+15.3%
5+ $575K$735K
+27.8%

Median Sold Price Compared To Nearby Cities

Perry Hall
+6.7%
Kingsville
+6.3%
Nottingham
+5.5%
White Marsh
+4.2%
Glen Arm
0.0%

How many homes are available in Perry Hall, MD?

Number of Homes For Sale

Sep 2022Oct 2022%
6650-24.2%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 147
-50.0%
3 2621
-19.2%
4 1413
-7.1%
5+ 129
-25.0%

Number of Homes Sold

Sep 2022Oct 2022%
2214-36.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Perry Hall, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
9 Days16 Days+73.8%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Perry Hall are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Perry Hall, MD

Perry Hall, MD has 50 homes for sale to choose from. The number of listings in Perry Hall, MD decreased by 24.2% between September 2022 and October 2022. In October 2022 median list price was $365,000 and the average listing age was 16 days. This housing market listing prices have changed between September 2022 and October 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 11.7%, 3 bedrooms properties prices increased by 9.6%, prices of 4 bedrooms properties went up by 15.3%, the cost of 5 bedrooms properties went up by 27.8%. This housing market inventory have changed: 1 bedroom homes did not move, 2 bedrooms homes became 50% less available, the quantity of 3 bedrooms homes went down by 19.2%, 4 bedrooms homes inventory decreased by 7.1%, 5 bedrooms homes inventory decreased by 25%. In October 2022 more than 5 listings in Perry Hall, MD were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 6 were sold below.

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