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Featured local agent — Perry Hall, MD
Sarah Mitchell
Compass Real Estate · Perry Hall, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Perry Hall, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$345,000median sale price
How is the Perry Hall, MD housing market right now?
The median home sale price in Perry Hall, MD is $345,000, down 0.7% year-over-year. Homes sell in an average of 23 days with 43 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Perry Hall a buyer's or seller's market?
Perry Hall, MD is currently a seller's market, based on 1.1 months of supply and homes selling in about 23 days. How we determine this →
Homes sold
40
Last 12 weeks
Days on market
23
Average pace
Active listings
43
1.1 months supply
Sale-to-list
99.6%
Below asking
What does the Perry Hall housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $345,000 |
| Median list price | $370,000 |
| Year-over-year price change | -0.7% |
| Average days on market | 23 days |
| Active inventory | 43 listings |
| Months of supply | 1.1 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $218/sq ft |
| Homes sold (latest month) | 40 |
| New listings (latest month) | 31 |
| Listings with a price cut | 30.2% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Perry Hall by property type?
How the Perry Hall, MD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $435,000 | $228/sq ft | 21 | 26 days |
| Condo / Co-op | $214,000 | $207/sq ft | 4 | 40 days |
| Townhouse | $320,000 | $202/sq ft | 15 | 10 days |
Source: Redfin · Updated monthly
The Perry Hall housing market is currently classified as a seller's market with a median sale price of $345,000. Prices have fallen 0.7% compared to last year, with homes spending an average of 23 days on market, indicating 1.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.1x provides context for how home values compare to local earning capacity.
Homes for sale in Perry Hall
There are currently 43 homes listed for sale in Perry Hall, Maryland. The median listing price is $370K.
Active listings
43
Homes on market
Median list price
$370K
Avg. days on market
23
Days until sale
New this week
31
Newly listed
Who lives in Perry Hall?
Population
28,908
Median income
$104,709/yr
Median age
39.4 years
Owner-occupied
77.7%
College grads
43.1%
Avg commute
29.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Perry Hall?
Zillow home value
$434,302
Zillow rent index
$1,695/mo
Price-to-rent ratio
21.3x
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Perry Hall?
Perry Hall is a community of approximately 29K residents with a median age of 39.4 years.The median household income is $104,709, which reflects a relatively affluent area with strong earning potential. 43.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 77.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Perry Hall offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Perry Hall?
2 schools tracked · 1,221 students
The largest public schools serving Perry Hall, MD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Honeygo Elementary
Grades PK-5 · 704 students
Chapel Hill Elementary
Grades K-5 · 517 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Perry Hall, MD?
Want a head-to-head view? Compare Perry Hall side-by-side with any other U.S. city using our market-comparison tool.
Is Perry Hall a good real estate investment market?
For investors evaluating Perry Hall, the price-to-rent ratio of 21.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 0.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Perry Hall's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Perry Hall's median home price.
Frequently asked questions
What is the average home price in Perry Hall?
The median home sale price in Perry Hall is $345,000, down 0.7% from last year.
How long do homes stay on market in Perry Hall?
Homes typically spend 23 days on market before going under contract.
What is the median income in Perry Hall?
The median household income is $104,709 per year.
Is Perry Hall a buyer's or seller's market?
With 1.1 months of supply, Perry Hall is currently a seller's market.
What is the Zillow home value estimate for Perry Hall?
The Zillow Home Value Index (ZHVI) for Perry Hall is $434,302, representing the typical home value in the area.
What is the median condo price in Perry Hall?
The median condo/co-op sale price in Perry Hall, MD is $214,000, compared to $435,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Perry Hall?
The median single-family home price in Perry Hall, MD is $435,000 (about $228 per square foot).
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