Is Perryville, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perryville is a seller's market

Buyer's
Market

Difference Since February 2022

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

Key Takeaway

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

How much do homes in Perryville, MD cost?

Median Sold Price

$302,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$39,000(+14.8%)

Key Takeaway

Homes in Perryville have sold for 14.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 --
N/A
2 $243K$325K
+33.7%
3 $247.2K$250K
+1.1%
4 $350K$359.9K
+2.8%
5+ $245K$302K
+23.3%

How many homes are available in Perryville, MD?

Number of Homes For Sale

Jan 2023Feb 2023%
1312-7.7%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 21
-50.0%
3 35
+66.7%
4 86
-25.0%
5+ 00
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Perryville, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
20 Days6 Days-68.8%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Perryville 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 Perryville, MD

Homes for sale in Perryville, MD have reached 12. In February 2023 in Perryville, MD there were 7.7% less homes for sale than in January 2023. The median list price of listings available in February 2023 was $302,000, while the average time on the real estate market was 6 days. Between January 2023 and February 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 33.7% more expensive, prices of 3 bedrooms properties increased by 1.1%, 4 bedrooms properties became 2.8% more expensive, prices of 5 bedrooms properties went up by 23.3%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 50% less available, the quantity of 3 bedrooms homes went up by 66.7%, the quantity of 4 bedrooms homes went down by 25%, 5 bedrooms homes inventory did not change. Perryville, MD housing market in February 2023 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 3 sold below.