Is Perry, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Perry was a Seller's Market.
Key Takeaway
Perry is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Perry, GA
How much do homes in Perry, GA cost?
Median Sold Price
$292,320
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Perry have sold for 4.4% less than they did a year ago.
Summary: The median home sold price in Perry was $292,320 in May 2024, down 4.4% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $205K | $168.5K | -17.8% |
| 3 Bedrooms | $238.8K | $249K | +4.3% |
| 4 Bedrooms | $322K | $304.9K | -5.3% |
| 5+ Bedrooms | $333.7K | $319.7K | -4.2% |
Summary: Perry housing prices by bedroom type for May 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 4.3%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 4.2%.
Housing Supply in Perry, GA
How many homes are available in Perry, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 158 | 186 | +17.7% |
Summary: The Perry real estate market had 186 homes for sale in May 2024, a 17.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 10 | +66.7% |
| 3 Bedrooms | 44 | 58 | +31.8% |
| 4 Bedrooms | 69 | 77 | +11.6% |
| 5+ Bedrooms | 39 | 41 | +5.1% |
Summary: The Perry housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 31.8%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 5.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 34 | 24 | -29.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Perry, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 24 homes were sold or pending in Perry in May 2024, down by 29.4% month-over-month. Of the 20 sold homes, 30% were sold under asking, 60% were sold at asking, and 10% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 40 Days | 61 Days | +51.0% |
Summary: Homes in Perry had an average of 61 days on market in May 2024, up by 51% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 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 May 2024, 24 homes were sold in Perry; 42% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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