Is Perry County, IL 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 County has remained a Seller's Market.
Housing Prices in Perry County, IL
How much do homes in Perry County, IL cost?
Median Sold Price
$98,500
$69/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Perry County was $98,500 in April 2024, down 6.2% from last year, and the median price per square foot was $69.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $45K | $25.2K | -44.0% |
2 Bedrooms | $65K | $80.4K | +23.8% |
3 Bedrooms | $128K | $107.5K | -16.0% |
4 Bedrooms | $171.7K | $178.5K | +4.0% |
5+ Bedrooms | $112K | $208K | +85.7% |
Summary: Perry County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44%, 2 bedroom homes increased by 23.8%, 3 bedroom homes decreased by 16%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 85.7%.
Median Sold Price Compared To Nearby Counties
Washington County | $132K | $150K | +13.6% |
Jefferson County | $125K | $140K | +12.0% |
Jackson County | $123K | $129.8K | +5.6% |
Franklin County | $89K | $87.5K | -1.7% |
Perry County | $105K | $98.5K | -6.2% |
Housing Supply in Perry County, IL
How many homes are available in Perry County, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
66 | 70 | +6.1% |
Summary: The Perry County real estate market had 70 homes for sale in April 2024, a 6.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 20 | 22 | +10.0% |
3 Bedrooms | 33 | 36 | +9.1% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Perry County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 17 | +41.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Perry County in April 2024, up by 41.7% month-over-month. Of the 17 sold homes, 82% were sold under asking, 6% were sold at asking, and 12% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
73 Days | 68 Days | -7.8% |
Summary: Homes in Perry County had an average of 68 days on market in Apr 2024, down by 7.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Perry County; 29% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.