Is Perry, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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, IA
How much do homes in Perry, IA cost?
Median Sold Price
$172,000
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Perry have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Perry was $172,000 in April 2024, down 0.9% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $191.5K | $65K | -66.1% |
| 2 Bedrooms | $125K | $114.5K | -8.4% |
| 3 Bedrooms | $174K | $180.4K | +3.7% |
| 4 Bedrooms | $199.9K | $208.7K | +4.4% |
| 5+ Bedrooms | $197.4K | $219.4K | +11.2% |
Summary: Perry housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 66.1%, 2 bedroom homes decreased by 8.4%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 11.2%.
Median Sold Price Compared To Nearby Cities
| Perry | $173.5K | $172K | -0.9% |
| Spring Valley Township | $173K | $171K | -1.2% |
Housing Supply in Perry, IA
How many homes are available in Perry, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 28 | +12.0% |
Summary: The Perry real estate market had 28 homes for sale in April 2024, a 12.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Perry housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 9 | +800.0% |
Asking Price vs. Sold Price
5 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, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Perry in April 2024, up by 800.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Perry, IA
How long does it take to sell a home in Perry, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 67 Days | 36 Days | -45.8% |
Summary: Homes in Perry had an average of 36 days on market in Apr 2024, down by 45.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Perry are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Perry; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
