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Featured local agent — Perry, MI
Sarah Mitchell
Compass Real Estate · Perry, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Perry, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$303,450median sale price
How is the Perry, MI housing market right now?
The median home sale price in Perry, MI is $303,450, up 71.0% year-over-year. Homes sell in an average of 295 days with 10 active listings. The market is currently a leaning buyer's. (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, MI is currently a leaning buyer's, based on 5.0 months of supply and homes selling in about 295 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
295
Average pace
Active listings
10
5.0 months supply
Sale-to-list
99.7%
Below asking
What does the Perry housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $303,450 |
| Median list price | $202,450 |
| Year-over-year price change | +71.0% |
| Average days on market | 295 days |
| Active inventory | 10 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 99.7% |
| Median price per sq ft | $157/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 6 |
| Listings with a price cut | 20.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Perry by property type?
How the Perry, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $303,450 | $157/sq ft | 2 | 295 days |
Source: Redfin · Updated monthly
The Perry housing market is currently classified as a leaning buyer's with a median sale price of $303,450. Prices have risen 71.0% compared to last year, with homes spending an average of 295 days on market, indicating 5.0 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 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Perry
There are currently 10 homes listed for sale in Perry, Michigan. The median listing price is $202K.
Active listings
10
Homes on market
Median list price
$202K
Avg. days on market
295
Days until sale
New this week
6
Newly listed
Who lives in Perry?
Population
2,198
Median income
$73,468/yr
Median age
35.2 years
Owner-occupied
63.9%
College grads
19.6%
Avg commute
27.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Perry?
Zillow home value
$268,866
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Perry?
Perry is a community of approximately 2K residents with a median age of 35.2 years.The median household income is $73,468, which represents a working-class community with solid middle-income opportunities. 19.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 63.9%, showing a blend of owner and renter-occupied properties. The average commute time is 27.3 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 · 963 students
The largest public schools serving Perry, MI 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-4 · 337 students
Perry High School
Grades 9-12 · 333 students
Perry Middle School
Grades 5-8 · 293 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, MI?
Want a head-to-head view? Compare Perry side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Perry?
The median home sale price in Perry is $303,450, up 71.0% from last year.
How long do homes stay on market in Perry?
Homes typically spend 295 days on market before going under contract.
What is the median income in Perry?
The median household income is $73,468 per year.
Is Perry a buyer's or seller's market?
With 5.0 months of supply, Perry is currently a leaning buyer's.
What is the Zillow home value estimate for Perry?
The Zillow Home Value Index (ZHVI) for Perry is $268,866, representing the typical home value in the area.
How much does a single-family home cost in Perry?
The median single-family home price in Perry, MI is $303,450 (about $157 per square foot).
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