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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perryman is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Perryman has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Perryman, MD

How much do homes in Perryman, MD cost?

Median Sold Price

$501,680

$204/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$21,690(+4.5%)

Key Takeaway

Homes in Perryman have sold for 4.5% more than they did a month ago.

Summary: The median home sold price in Perryman was $501,680 in December 2024, up 4.5% from last month, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 -$501.6K
N/A
4 $479.9K-
N/A
5+ --
N/A

Summary: Perryman housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Perryman, MD

How many homes are available in Perryman, MD?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
43-25.0%

Summary: The Perryman real estate market had 3 homes for sale in December 2024, a 25.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Perryman housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Perryman, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Perryman in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Perryman, MD

How long does it take to sell a home in Perryman, MD?

Average Sale Time

Nov 2024Dec 2024CHANGE
18 Days2 Days-88.9%

Summary: Homes in Perryman had an average of 2 days on market in Dec 2024, down by 88.9% compared to last month.

Breakdown of Home Sale Times

2 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 Perryman are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in Perryman; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 4 Days Ago

Newest Listings in Perryman, MD

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What housing markets are near Perryman, MD?