Is Perry South, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perry South is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Perry South has remained a Buyer's Market.

Key Takeaway

Perry South is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Perry South, PA

How much do homes in Perry South, PA cost?

Median Sold Price

$129,500

$93/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$26,500(+25.7%)

Key Takeaway

Homes in Perry South have sold for 25.7% more than they did a year ago.

Summary: The median home sold price in Perry South was $129,500 in October 2024, up 25.7% from last year, and the median price per square foot was $93.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $76.9K-
N/A
2 $83.5K$42K
-49.7%
3 $103.5K$115K
+11.1%
4 $120K$244.9K
+104.1%
5+ $157.5K$472.5K
+200.0%

Summary: Perry South 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 decreased by 49.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 104.1%, and 5+ bedroom homes increased by 200%.

Median Sold Price Compared To Nearby Neighborhoods

Perry South
+25.7%
North Side
+11.1%
Central Northside
0.0%

Housing Supply in Perry South, PA

How many homes are available in Perry South, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1924+26.3%

Summary: The Perry South real estate market had 24 homes for sale in October 2024, a 26.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 57
+40.0%
4 56
+20.0%
5+ 33
0.0%

Summary: The Perry South 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 33.3%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 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 Perry South, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Perry South in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Perry South, PA

How long does it take to sell a home in Perry South, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
60 Days30 Days-49.4%

Summary: Homes in Perry South had an average of 30 days on market in Oct 2024, down by 49.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Perry South has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Perry South; 33% of homes were sold within 30 days, 67% 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 20 Days Ago

Newest Listings in Perry South, PA

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