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 November 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 November 2023

+$9,500(+7.9%)

Key Takeaway

Homes in Perry South have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Perry South was $129,500 in November 2024, up 7.9% from last year, and the median price per square foot was $93.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $76.9K-
N/A
2 $106K$42K
-60.4%
3 $126.5K$106K
-16.2%
4 $159.5K$290K
+81.8%
5+ $157.5K$472.5K
+200.0%

Summary: Perry South housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 60.4%, 3 bedroom homes decreased by 16.2%, 4 bedroom homes increased by 81.8%, and 5+ bedroom homes increased by 200%.

Median Sold Price Compared To Nearby Neighborhoods

North Side
+12.4%
Perry South
+7.9%
Central Northside
-1.5%

Housing Supply in Perry South, PA

How many homes are available in Perry South, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2326+13.0%

Summary: The Perry South real estate market had 26 homes for sale in November 2024, a 13.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 79
+28.6%
4 69
+50.0%
5+ 33
0.0%

Summary: The Perry South housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were 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 November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
48 Days90 Days+87.5%

Summary: Homes in Perry South had an average of 90 days on market in Nov 2024, up by 87.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Perry South are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Perry South; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 21 Days Ago

Newest Listings in Perry South, PA

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