Is Perry Hall, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
| # BEDS | Oct 2021 | Oct 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $268.5K | $300K | +11.7% |
| 3 Bedrooms | $326.2K | $357.5K | +9.6% |
| 4 Bedrooms | $475K | $547.5K | +15.3% |
| 5+ Bedrooms | $575K | $735K | +27.8% |
Median Sold Price Compared To Nearby Cities
| Perry Hall | $342K | $365K | +6.7% |
| Kingsville | $489.9K | $521K | +6.3% |
| Nottingham | $270.1K | $285K | +5.5% |
| White Marsh | $480K | $500K | +4.2% |
| Glen Arm | $582.5K | $582.5K | 0.0% |
How many homes are available in Perry Hall, MD?
Number of Homes For Sale
| Sep 2022 | Oct 2022 | % |
|---|---|---|
| 66 | 50 | -24.2% |
Homes For Sale By Bedroom Count
| # BEDS | Sep 2022 | Oct 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 7 | -50.0% |
| 3 Bedrooms | 26 | 21 | -19.2% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 12 | 9 | -25.0% |
Number of Homes Sold
| Sep 2022 | Oct 2022 | % |
|---|---|---|
| 22 | 14 | -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
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 2021 | Oct 2022 | % |
|---|---|---|
| 9 Days | 16 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
Key Takeaway
Many homes in Perry Hall are selling fast, if you're buying plan to act quickly.
