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Sarah Mitchell

CNESRESABR

Compass Real Estate · Perry, MI

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

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

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Perry, MI Housing Market & Real Estate

Leaning buyer's+71.0% YoY

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?

Leaning buyer's5.0 months of supply295 avg. days on 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?

Current housing market statistics for Perry, MI
MetricValue
Median sale price$303,450
Median list price$202,450
Year-over-year price change+71.0%
Average days on market295 days
Active inventory10 listings
Months of supply5.0 months
Sale-to-list price ratio99.7%
Median price per sq ft$157/sq ft
Homes sold (latest month)2
New listings (latest month)6
Listings with a price cut20.0%
Market conditionLeaning 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.

Median price, price per square foot, homes sold and days on market by property type in Perry, MI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$303,450$157/sq ft2295 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

Price drops:20.0%of listings
Sale-to-list:99.7%

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

Public

Perry High School

Grades 9-12 · 333 students

Public

Perry Middle School

Grades 5-8 · 293 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 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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