Is Perry, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perry is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Perry has remained a Buyer's Market.

Key Takeaway

Perry is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Perry, GA

How much do homes in Perry, GA cost?

Median Sold Price

$295,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$815(-0.3%)

Key Takeaway

The sold price of homes in Perry has remained the same since last year.

Summary: The median home sold price in Perry was $295,000 in October 2024, down 0.3% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $233.7K$168.5K
-27.9%
3 $239.9K$258K
+7.5%
4 $304.4K$311K
+2.2%
5+ $317.9K$345K
+8.5%

Summary: Perry housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.9%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 8.5%.

Median Sold Price Compared To Nearby Cities

Perry
-0.3%
Kathleen
-4.7%

Housing Supply in Perry, GA

How many homes are available in Perry, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
161174+8.1%

Summary: The Perry real estate market had 174 homes for sale in October 2024, a 8.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1110
-9.1%
3 4556
+24.4%
4 7273
+1.4%
5+ 3335
+6.1%

Summary: The Perry housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 24.4%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 6.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2221-4.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Perry, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Perry in October 2024, down by 4.5% month-over-month. Of the 17 sold homes, 41% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Perry, GA

How long does it take to sell a home in Perry, GA?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days24 Days-14.4%

Summary: Homes in Perry had an average of 24 days on market in Oct 2024, down by 14.4% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Perry are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 21 homes were sold in Perry; 76% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 10% 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 20 Days Ago

Newest Listings in Perry, GA

Nearby Markets to Perry, GA

What housing markets are near Perry, GA?