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 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, GA

How much do homes in Perry, GA cost?

Median Sold Price

$292,320

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$3,370(+1.2%)

Key Takeaway

Homes in Perry have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Perry was $292,320 in April 2024, up 1.2% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $205K$168.5K
-17.8%
3 $220K$248K
+12.7%
4 $315K$309.9K
-1.6%
5+ $339.3K$334.4K
-1.4%

Summary: Perry housing prices by bedroom type for April 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 12.7%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 1.4%.

Median Sold Price Compared To Nearby Cities

Elko
+4.8%
Kathleen
+4.2%
Perry
+1.2%

Housing Supply in Perry, GA

How many homes are available in Perry, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
165186+12.7%

Summary: The Perry real estate market had 186 homes for sale in April 2024, a 12.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 911
+22.2%
3 3549
+40.0%
4 8083
+3.8%
5+ 4143
+4.9%

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 22.2%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 4.9%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2837+32.1%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

7 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. 40.6% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in Perry in April 2024, up by 32.1% month-over-month. Of the 32 sold homes, 41% were sold under asking, 38% were sold at asking, and 22% 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

Apr 2023Apr 2024CHANGE
35 Days53 Days+49.7%

Summary: Homes in Perry had an average of 53 days on market in Apr 2024, up by 49.7% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

8 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 April 2024, 37 homes were sold in Perry; 46% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 22% 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 14 Days Ago

Newest Listings in Perry, GA

Nearby Markets to Perry, GA

What housing markets are near Perry, GA?