Perryville, MD—21903
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Perryville, MD
As of Oct '25, the median home price in Perryville, MD is $346,000, with a year-over-year change of 1.5%. This indicates that home prices in Perryville, MD are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $346,000 | 1.5% |
| Single Family | $346,000 | 1.2% |
| Condos | $343,000 | -1.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $303,000 | 0.3% |
3 Bed | $325,000 | 1.2% |
4 Bed | $435,000 | 1.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Perryville, MD
As of July '25, Rentcast reports the average rent in Perryville, MD is $2,060, with a year-over-year rent change of 15.7%. Per bedroom, the median rent as of July '25 in Perryville, MD is 1-bedrooms: $1,280, 3-bedrooms: $2,220. The most common rental property sizes in Perryville, MD are 2-bedroom and 1-bedroom, accounting for 43.6% and 38.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $2,060 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,280 | $1,280 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,580 | $2,220 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Perryville, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Perryville, MD is 52. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $377,000 | 4.0% |
Listing Count | 27 | 38.0% |
| Listings as % of Homes | 0.4% | 38.0% |
Days on Market | 52 | 16.0% |
Demographics — Perryville, MD
As of the latest ACS Survey released in 2023, Perryville, MD has a population of 5,680, which has decreased by -6.4% over the past 5 years. Perryville, MD is a moderately popular place for families, as children make up 22.1% of the population. The area has a poorly educated workforce, with 21.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,680 | -6.4% |
% Under 18 | 22.1% | -6.8% |
% Seniors | 18.5% | 1.6% |
% WFH | 11.9% | 183.3% |
% w/ College Degree | 21.6% | -20.3% |
As of the latest ACS Survey released in 2023, Perryville, MD is a predominantly white area, with 77.9% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Perryville, MD is black, making up 11.1% of the population. Foreign-born residents account for 1.3% of the population in Perryville, MD, and this percentage has decreased by 74.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 77.9% | -2.7% |
% Black | 11.1% | 14.4% |
% Hispanic | 5.0% | -24.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.3% | -74.0% |
Mortgage and Risk — Perryville, MD
According to HUD data as of 2023, there were 106 mortgage originations in Perryville, MD, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Perryville, MD. Investor activity is low, as 1.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 106 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Perryville, MD
Perryville, MD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 107 |
Total Units Section 8 | 107 |
% Rentals under Section 8 | 18.8% |
% Occupied Section 8 | 88.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$40 | $1,280 | $1,240 |
| 2 Bedroom | N/A | N/A | $1,480 |
| 3 Bedroom | -$800 | $2,580 | $1,780 |
| 4 Bedroom | N/A | N/A | $2,030 |
Affordability — Perryville, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $346,000 |
| Median Household Income | $77,500 |