Is Perry Hall, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Perry Hall was a Seller's Market.
Housing Prices in Perry Hall, MD
How much do homes in Perry Hall, MD cost?
Median Sold Price
$385,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Perry Hall was $385,000 in April 2024, up 1.3% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $270K | $315K | +16.7% |
3 Bedrooms | $350K | $382K | +9.1% |
4 Bedrooms | $539.9K | $490.7K | -9.1% |
5+ Bedrooms | $677.5K | $641.5K | -5.3% |
Summary: Perry Hall housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 5.3%.
Median Sold Price Compared To Nearby Cities
Nottingham | $289K | $301.3K | +4.3% |
Perry Hall | $379.9K | $385K | +1.3% |
White Marsh | $542.4K | $544K | 0.3% |
Kingsville | $615K | $537.5K | -12.6% |
Housing Supply in Perry Hall, MD
How many homes are available in Perry Hall, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 37 | +12.1% |
Summary: The Perry Hall real estate market had 37 homes for sale in April 2024, a 12.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 8 | -11.1% |
3 Bedrooms | 17 | 18 | +5.9% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Perry Hall housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 6 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Perry Hall in April 2024, down by 50.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 17% were sold at asking, and 83% were sold over asking.
Days on Market for Perry Hall, MD
How long does it take to sell a home in Perry Hall, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 10 Days | +69.4% |
Summary: Homes in Perry Hall had an average of 10 days on market in Apr 2024, up by 69.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Perry Hall; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.