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Featured local agent — Perryville, AR

Sarah Mitchell

CNESRESABR

Compass Real Estate · Perryville, AR

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Perryville, AR(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Perryville, AR Housing Market & Real Estate

Buyer's market-25.8% YoY

Housing market overview · Updated monthly ·

$155,000median sale price

How is the Perryville, AR housing market right now?

The median home sale price in Perryville, AR is $155,000, down 25.8% year-over-year. Homes sell in an average of 394 days with 8 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Perryville a buyer's or seller's market?

Buyer's market8.0 months of supply394 avg. days on market

Perryville, AR is currently a buyer's market, based on 8.0 months of supply and homes selling in about 394 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

394

Average pace

Active listings

8

8.0 months supply

Sale-to-list

96.0%

Below asking

What does the Perryville housing market data show?

Current housing market statistics for Perryville, AR
MetricValue
Median sale price$155,000
Median list price$154,999
Year-over-year price change-25.8%
Average days on market394 days
Active inventory8 listings
Months of supply8.0 months
Sale-to-list price ratio96.0%
Median price per sq ft$130/sq ft
Homes sold (latest month)1
New listings (latest month)3
Listings with a price cut37.5%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Perryville by property type?

How the Perryville, AR market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Perryville, AR
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$155,000$130/sq ft1394 days

Source: Redfin · Updated monthly

The Perryville housing market is currently classified as a buyer's market with a median sale price of $155,000. Prices have fallen 25.8% compared to last year, with homes spending an average of 394 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.9x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Perryville

There are currently 8 homes listed for sale in Perryville, Arkansas. The median listing price is $155K.

Active listings

8

Homes on market

Median list price

$155K

Avg. days on market

394

Days until sale

New this week

3

Newly listed

Price drops:37.5%of listings
Sale-to-list:96.0%

Who lives in Perryville?

Population

1,303

Median income

$59,531/yr

Median age

43.7 years

Owner-occupied

63.7%

College grads

13.8%

Avg commute

19.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Perryville?

Zillow home value

$173,705

Price-to-income

2.9x

Source: Zillow Research

What is it like to live in Perryville?

Perryville is a community of approximately 1K residents with a median age of 43.7 years.The median household income is $59,531, which represents a working-class community with solid middle-income opportunities. 13.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 63.7%, showing a blend of owner and renter-occupied properties. The average commute time is 19.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Perryville offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Perryville?

2 schools tracked · 935 students

The largest public schools serving Perryville, AR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

PERRYVILLE ELEMENTARY SCHOOL

Grades K-6 · 499 students

Public

PERRYVILLE HIGH SCHOOL

Grades 7-12 · 436 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Perryville, AR?

Want a head-to-head view? Compare Perryville side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Perryville?

The median home sale price in Perryville is $155,000, down 25.8% from last year.

How long do homes stay on market in Perryville?

Homes typically spend 394 days on market before going under contract.

What is the median income in Perryville?

The median household income is $59,531 per year.

Is Perryville a buyer's or seller's market?

With 8.0 months of supply, Perryville is currently a buyer's market.

What is the Zillow home value estimate for Perryville?

The Zillow Home Value Index (ZHVI) for Perryville is $173,705, representing the typical home value in the area.

How much does a single-family home cost in Perryville?

The median single-family home price in Perryville, AR is $155,000 (about $130 per square foot).

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