$772 Closing Credit*
$65,000
958 SqFt
1 Bed
•1 Full Bath, 1 Partial
Paula Arpasi, Listing Office: Homefinders Realty
Is Perry County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Perry County was a Buyer's Market.
Key Takeaway
Perry County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Perry County, IL
How much do homes in Perry County, IL cost?
Median Sold Price
$100,000
$72/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+5.3%)
Key Takeaway
Homes in Perry County have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Perry County was $100,000 in October 2024, up 5.3% from last year, and the median price per square foot was $72.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $35K | $36K | +2.9% |
| 2 Bedrooms | $75.2K | $67.2K | -10.7% |
| 3 Bedrooms | $95K | $125K | +31.6% |
| 4 Bedrooms | $175K | $204.9K | +17.1% |
| 5+ Bedrooms | $125K | $154K | +23.2% |
Summary: Perry County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 31.6%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 23.2%.
Median Sold Price Compared To Nearby Counties
| Washington County | $137K | $161.5K | +17.9% |
| Jackson County | $120K | $139.9K | +16.6% |
| Perry County | $95K | $100K | +5.3% |
| Franklin County | $89.5K | $90K | +0.6% |
| Jefferson County | $140K | $135K | -3.6% |
Housing Supply in Perry County, IL
How many homes are available in Perry County, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 71 | 70 | -1.4% |
Summary: The Perry County real estate market had 70 homes for sale in October 2024, a 1.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 24 | 22 | -8.3% |
| 3 Bedrooms | 33 | 36 | +9.1% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Perry County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 12 | -29.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Perry County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Perry County in October 2024, down by 29.4% month-over-month. Of the 12 sold homes, 67% were sold under asking, 25% were sold at asking, and 8% were sold over asking.
Days on Market for Perry County, IL
How long does it take to sell a home in Perry County, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 51 Days | +49.6% |
Summary: Homes in Perry County had an average of 51 days on market in Oct 2024, up by 49.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Perry County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Perry County; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.