Real Estate in Perry hall, MD
Updated 2026 • Housing market data from 1 zip code • Redfin data through January 2026
📊 Perry hall, MD Market Activity
The Perry hall housing market shows a median sale price of $370,000, -1.0% lower than last year. The price per square foot is $205, below the national median of ~$215/sqft, down -2.0% year-over-year. Homes in Perry hall spend a median of 49 days on market, longer than the national median of 42 days — giving buyers more negotiation room.
🏘️ Perry hall Rental Market
The average rent in Perry hall, MD is $2,669 per month. A 2-bedroom apartment rents for approximately $2,250/month, while a 3-bedroom home averages $3,000/month.
📦 Perry hall Housing Supply & Demand
There are 42 new listings and 36 active properties on the market.
🏆 Perry hall Market Competitiveness
Homes in Perry hall sell for an average of 99.0% of their asking price. About 24% of properties sell above list price, indicating moderate buyer competition.
On average, homes sell for 99.0% of the asking price
24% of sales closed above asking, % at or below
📋 Housing Overview
Perry hall, MD Housing Market Insights
Delve into the specifics of the real estate market in this area. Understanding key metrics such as the median home price of 539990, the balance between renting (22%) and owning (78%), and a population of 29255 provides valuable insights for potential buyers, sellers, and investors. It is important to note that neighborhood characteristics can vary drastically, and decisions should not solely rely on data available without visiting. Many factors can differ, so do consider inspecting areas in-person to avoid potential mismatches in choice.
Rent vs. Buy Analysis
With a median home price of $539,990 and average rents of $2,669/month, the median household income of $103,061 provides context for affordability in Perry hall. Whether you're looking to buy property in Perry hall or invest in Perry hall real estate, understanding the price-to-rent ratio helps determine if renting or owning makes more financial sense for your situation. A 2-bedroom apartment rents for approximately $2,250/month, while a 3-bedroom house averages $3,000/month.
Economy & What Drives Perry hall Real Estate
Real estate values in Perry hall, MD are driven by local employment, school quality, and quality of life. The cost of living index of 112.6 (U.S. average = 100) reflects the overall affordability of the area. With a median household income of $103,061, residents have above-average purchasing power. Proximity to major employers, universities, and transportation corridors directly influences home values and demand across Perry hall neighborhoods.
Pros & Cons
Pros
- •Friendly community vibe
- •Low crime rates reported
- •Parks and playgrounds available
- •Accessible public transport options
- •Variety of shopping options
- •Diverse community demographics
- •Close to Baltimore nightlife
- •Strong local job market
- •Family-oriented activities nearby
- •Good schools in the area
Cons
- •Fewer dining options available
- •Limited outdoor adventure spots
- •Lack of major cultural events
- •Political divide among residents
- •Limited nightlife for younger crowd
- •Not much public art presence
- •Occasional reports of racism
- •Need for more youth programs
- •Some areas facing traffic issues
- •High housing costs in suburb
Frequently Asked Questions
What is the cost of living in Perry hall, MD? ▼
The cost of living in Perry hall, MD is 13% higher than the national average, with a cost of living index of 113 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown →
How much does it cost to buy or rent a home in Perry hall, MD? ▼
In Perry hall, MD, The median home price is $539,990. requiring approximately $158,569 annual income to afford. Average rent is $2,669/month (requiring ~$106,750/year income). The local median household income is $103,061, making homeownership challenging for typical residents. Explore Perry hall real estate data →
Is Perry hall, MD a safe place to live? ▼
Perry hall, MD is relatively safe, with crime rates below the national average. The crime rate is 8.6 per 1,000 residents. Safety varies significantly by neighborhood. View detailed Perry hall crime statistics →
What salary do you need to live comfortably in Perry hall, MD? ▼
To live comfortably in Perry hall, MD and afford a median-priced home of $539,990, you would typically need a household income of $134,998 to $168,747 per year. The local median household income is $103,061. Renting requires approximately $106,750/year (at $2,669/month). See full affordability analysis →
Is Perry hall, MD growing? ▼
Perry hall, MD has a population of 29,255. As a smaller community, population trends depend on local housing development, job growth, and quality of life factors. The higher cost housing market and strong job market shape migration patterns. See Perry hall population demographics →
What are the best neighborhoods in Perry hall, MD? ▼
The best neighborhoods in Perry hall, MD depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods farther from the city center tend to offer more affordable options. Explore Perry hall on our interactive map →
What is the commute like in Perry hall, MD? ▼
Commute times in Perry hall, MD vary by neighborhood and workplace location. As a smaller community, residents typically drive, as public transit is limited. The moderate cost of living may allow for housing closer to employment centers. Explore commute times on our map →
How are the taxes in Perry hall, MD? ▼
Tax rates in Perry hall, MD include state and local components. The cost of living index of 113 indicates a higher cost environment compared to the national average. View detailed Perry hall tax information →
How does Perry hall, MD compare to nearby cities? ▼
Perry hall, MD offers comparable costs to nearby communities. With a cost of living index of 113, median home prices of $539,990, and a crime rate of 8.55 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Perry hall, MD? ▼
Weather in Perry hall, MD varies by season. Climate data varies by season. View detailed Perry hall climate & environment data →
Is it better to rent or buy in Perry hall, MD? ▼
With a median home price of $539,990 and average rents of $2,669/month, the price-to-rent ratio in Perry hall is 16.9x. This suggests buying is reasonable for those planning to stay 5+ years. See full cost analysis →
What is the price per square foot in Perry hall, MD? ▼
The median price per square foot in Perry hall is $205, which is 5% below the national median of ~$215/sqft. This reflects the area's demand, construction costs, and proximity to employment centers.
How fast do homes sell in Perry hall, MD? ▼
Homes in Perry hall spend a median of 49 days on market before going under contract. This indicates homes take longer than the national median of 42 days, giving buyers more negotiating room. View full market data →
Explore More About Perry hall, MD
📅 Last Updated: January 2026
Sources: U.S. Census Bureau, Zillow, Redfin