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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perry is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

Perry is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Perry, OH

How much do homes in Perry, OH cost?

Median Sold Price

$263,150

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$13,250(+5.3%)

Key Takeaway

Homes in Perry have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Perry was $263,150 in May 2024, up 5.3% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $225.5K$195K
-13.5%
3 $249.9K$283.2K
+13.3%
4 $289K$317.9K
+10.0%
5+ $289.9K$434.9K
+50.1%

Summary: Perry housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.5%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 50.1%.

Median Sold Price Compared To Nearby Cities

Perry Township
+8.3%
Perry
+5.3%

Housing Supply in Perry, OH

How many homes are available in Perry, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2833+17.9%

Summary: The Perry real estate market had 33 homes for sale in May 2024, a 17.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1316
+23.1%
4 1011
+10.0%
5+ 12
+100.0%

Summary: The Perry housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
310+233.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 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. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Perry in May 2024, up by 233.3% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.

Days on Market for Perry, OH

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

Average Sale Time

May 2023May 2024CHANGE
42 Days57 Days+34.0%

Summary: Homes in Perry had an average of 57 days on market in May 2024, up by 34% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Perry has remained consistent over time.

Summary: During May 2024, 10 homes were sold in Perry; 40% of homes were sold within 30 days, 50% 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 1 Day Ago

Newest Listings in Perry, OH

Nearby Markets to Perry, OH

What housing markets are near Perry, OH?