$3,444 Closing Credit*
$290,000
1,214 SqFt
2 Beds
•2 Full Baths
Lisa C Yeager, Listing Office: Cummings & Co. Realtors
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 2023
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.
Housing Prices in Perry Hall, MD
How much do homes in Perry Hall, MD cost?
Median Sold Price
$410,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+2.5%)
Key Takeaway
Homes in Perry Hall have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Perry Hall was $410,000 in October 2024, up 2.5% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $285K | $327.5K | +14.9% |
| 3 Bedrooms | $377K | $401.5K | +6.5% |
| 4 Bedrooms | $521K | $550K | +5.6% |
| 5+ Bedrooms | $646K | $640K | -0.9% |
Summary: Perry Hall housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Cities
| Nottingham | $292.5K | $320K | +9.4% |
| Kingsville | $582.5K | $612.5K | +5.2% |
| Perry Hall | $400K | $410K | +2.5% |
| Glen Arm | $590K | $605K | +2.5% |
| White Marsh | $545K | $427.5K | -21.6% |
Housing Supply in Perry Hall, MD
How many homes are available in Perry Hall, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 44 | +10.0% |
Summary: The Perry Hall real estate market had 44 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 13 | +116.7% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 13 | 11 | -15.4% |
| 5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Perry Hall housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 116.7%, 3 bedroom homes increased by 15.4%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Perry Hall, you could pay more than the asking price. 38.5% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Perry Hall in October 2024, down by 27.8% month-over-month. Of the 13 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 13 Days | +10.0% |
Summary: Homes in Perry Hall had an average of 13 days on market in Oct 2024, up by 10% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was 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.
Summary: During October 2024, 13 homes were sold in Perry Hall; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
