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Featured local agent — Perry, IA
Sarah Mitchell
Compass Real Estate · Perry, IA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Perry, IA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$190,000median sale price
How is the Perry, IA housing market right now?
The median home sale price in Perry, IA is $190,000, up 26.3% year-over-year. Homes sell in an average of 51 days with 21 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Perry a buyer's or seller's market?
Perry, IA is currently a balanced market, based on 2.6 months of supply and homes selling in about 51 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
51
Average pace
Active listings
21
2.6 months supply
Sale-to-list
98.8%
Below asking
What does the Perry housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $190,000 |
| Median list price | $191,250 |
| Year-over-year price change | +26.3% |
| Average days on market | 51 days |
| Active inventory | 21 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 98.8% |
| Median price per sq ft | $134/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 12 |
| Listings with a price cut | 42.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Perry by property type?
How the Perry, IA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $190,000 | $134/sq ft | 8 | 51 days |
| Condo / Co-op | $214,000 | $181/sq ft | 1 | 12 days |
Source: Redfin · Updated monthly
The Perry housing market is currently classified as a balanced market with a median sale price of $190,000. Prices have risen 26.3% compared to last year, with homes spending an average of 51 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.8x provides context for how home values compare to local earning capacity.
Homes for sale in Perry
There are currently 21 homes listed for sale in Perry, Iowa. The median listing price is $191K.
Active listings
21
Homes on market
Median list price
$191K
Avg. days on market
51
Days until sale
New this week
12
Newly listed
Who lives in Perry?
Population
7,928
Median income
$63,983/yr
Median age
40.2 years
Owner-occupied
62.2%
College grads
14.7%
Avg commute
21.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Perry?
Zillow home value
$176,167
Zillow rent index
$913/mo
Price-to-rent ratio
16.1x
Price-to-income
2.8x
Source: Zillow Research
What is it like to live in Perry?
Perry is a community of approximately 8K residents with a median age of 40.2 years.The median household income is $63,983, which represents a working-class community with solid middle-income opportunities. 14.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 62.2%, showing a blend of owner and renter-occupied properties. The average commute time is 21.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Perry offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Perry?
3 schools tracked · 1,827 students
The largest public schools serving Perry, IA 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.
Perry Elementary
Grades PK-5 · 869 students
Perry High School
Grades 9-12 · 589 students
Perry Middle School
Grades 6-8 · 369 students
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 Perry, IA?
Want a head-to-head view? Compare Perry side-by-side with any other U.S. city using our market-comparison tool.
Is Perry a good real estate investment market?
For investors evaluating Perry, the price-to-rent ratio of 16.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 26.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Perry's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Perry's median home price.
Frequently asked questions
What is the average home price in Perry?
The median home sale price in Perry is $190,000, up 26.3% from last year.
How long do homes stay on market in Perry?
Homes typically spend 51 days on market before going under contract.
What is the median income in Perry?
The median household income is $63,983 per year.
Is Perry a buyer's or seller's market?
With 2.6 months of supply, Perry is currently a balanced market.
What is the Zillow home value estimate for Perry?
The Zillow Home Value Index (ZHVI) for Perry is $176,167, representing the typical home value in the area.
What is the median condo price in Perry?
The median condo/co-op sale price in Perry, IA is $214,000, compared to $190,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Perry?
The median single-family home price in Perry, IA is $190,000 (about $134 per square foot).
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