Is Perry, GA 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 August 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, GA

How much do homes in Perry, GA cost?

Median Sold Price

$292,870

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

-$2,387(-0.8%)

Key Takeaway

Homes in Perry have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in Perry was $292,870 in August 2024, down 0.8% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $205K$168.5K
-17.8%
3 $239.9K$255K
+6.3%
4 $305.7K$310K
+1.4%
5+ $324.9K$339.9K
+4.6%

Summary: Perry housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 4.6%.

Median Sold Price Compared To Nearby Cities

Perry
-0.8%
Kathleen
-2.3%

Housing Supply in Perry, GA

How many homes are available in Perry, GA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
144189+31.3%

Summary: The Perry real estate market had 189 homes for sale in August 2024, a 31.3% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 1111
0.0%
3 4559
+31.1%
4 5479
+46.3%
5+ 3440
+17.6%

Summary: The Perry housing inventory by bedroom type for August 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 31.1%, 4 bedroom homes increased by 46.3%, and 5+ bedroom homes increased by 17.6%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
2236+63.6%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

12 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. 46.9% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Perry in August 2024, up by 63.6% month-over-month. Of the 32 sold homes, 47% were sold under asking, 38% were sold at asking, and 16% 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

Aug 2023Aug 2024CHANGE
76 Days24 Days-67.9%

Summary: Homes in Perry had an average of 24 days on market in Aug 2024, down by 67.9% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

9 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 August 2024, 36 homes were sold in Perry; 69% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 6% 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 12 Days Ago

Newest Listings in Perry, GA

Nearby Markets to Perry, GA

What housing markets are near Perry, GA?