Is Perry County, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Perry County was a Buyer's Market.
Key Takeaway
Perry County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Perry County, TN
How much do homes in Perry County, TN cost?
Median Sold Price
$220,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Perry County have sold for 10% more than they did a year ago.
Summary: The median home sold price in Perry County was $220,000 in April 2024, up 10% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $124K | $159K | +28.2% |
| 2 Bedrooms | $145K | $197.5K | +36.2% |
| 3 Bedrooms | $180.2K | $312K | +73.1% |
| 4 Bedrooms | $353.5K | $193.7K | -45.2% |
| 5+ Bedrooms | - | $475K | N/A |
Summary: Perry County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.2%, 2 bedroom homes increased by 36.2%, 3 bedroom homes increased by 73.1%, 4 bedroom homes decreased by 45.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Decatur County | $184K | $205K | +11.4% |
| Perry County | $200K | $220K | +10.0% |
| Lewis County | $245K | $250K | +2.0% |
| Wayne County | $200K | $194K | -3.0% |
| Hickman County | $315K | $302.7K | -3.9% |
Housing Supply in Perry County, TN
How many homes are available in Perry County, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Summary: The Perry County real estate market had 26 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 2 | 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 decreased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Perry County, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Perry County in April 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Perry County, TN
How long does it take to sell a home in Perry County, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 46 Days | 52 Days | +13.3% |
Summary: Homes in Perry County had an average of 52 days on market in Apr 2024, up by 13.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Perry County has remained consistent over time.
Summary: During April 2024, 4 homes were sold in Perry County; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.