Perry, IL Foreclosures
Current Market Conditions in in Perry, IL As of April 2026?
Over the past month, the real estate market in Perry, IL has experienced a slight uptick in sales volume, indicating increased buyer activity. The average time homes remain on the market has decreased, suggesting that demand is beginning to outpace supply. Sellers are seeing their listings receive offers more quickly, often at or above the asking price, reflecting a competitive market environment.
How much do homes sell for in Perry, IL?
The average home price is currently $79,225.
What’s the average rental cost in Perry, IL?
The average rental price in Perry is $1,006.
What is the most expensive home in Perry?
The most expensive home sold in Perry had a price of $185,202.
What is currently the cheapest priced home in Perry, IL?
The cheapest home for sale in Perry is priced at $12,420.
Living in Perry, IL
Perry, IL is a quaint, welcoming small town that provides its residents with a peaceful lifestyle surrounded by nature. With ample parks and recreational activities, it's perfect for those who enjoy the outdoors. The community is close-knit, offering a strong sense of belonging and easy access to nearby urban amenities.
Buyer vs Seller Market in Perry, IL
The current real estate market in Perry, IL, shows stable growth with a steady increase in property values. Homes in the area tend to sell fairly quickly due to the town's desirability, with both new buyers and families looking to plant roots in the community.
Overall, the housing market is appealing for first-time buyers due to reasonable prices coupled with a strong community feel. Investors seeking rental properties may also find opportunities due to the influx of families wanting to live in the area.
Home Value Estimator For Perry, IL
There are currently 124 real estate properties
in Perry, IL,
with a median automated valuation model (AVM) price
of $72,574.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Perry, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Perry, IL,
is $79,225.00, with the most expensive house
in Perry, IL, topping out
at $185,202.00 and the cheapest home
in Perry, IL,
clocking in at $12,420.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Perry, IL!
Rent Prices
In Perry, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Perry, IL, is on
a rollercoaster ride. The
average rent price in Perry, IL,
is $1,006.00. Indeed, when looking to rent in
Perry, IL, you can expect to pay as little
as $540.00 or as much
as $2,400.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Perry, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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