21128, Perry Hall, MD

Perry Hall, MD is located in Baltimore County and has a population of approximately 25,000. The median household income is $68,000 and the median home value is $269,000. There are a total of 1,827 homes in the zip code.

The average home equity in Perry Hall is $128,000. This means that the typical homeowner has equity in their home worth approximately two-thirds of their original purchase price. The average home price has increased by 8% over the past year and is projected to increase by another 5% over the next year.

There are several factors contributing to this trend: low interest rates (4%), increasing demand for housing (due to an aging population and an influx of new residents), and strong job growth in the area (particularly in health care).

Despite these positive trends, there are some potential risks associated with buying or owning a home in Perry Hall: high levels of foreclosure activity (10%), limited access to affordable housing (due to restrictive zoning laws), and a relatively low level of investment appreciation (compared to other areas within Baltimore County).