Perry, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Perry Neighborhoods Since 2000




Perry, OH Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Perry Housing Market Information

With a population of 1,627, 599 total housing units (homes and apartments), and a median house value of $191,198, Perry real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Perry, accounting for 86.04% of the village's housing units. Other types of housing that are prevalent in Perry include row houses and other attached homes ( 7.82%), duplexes, homes converted to apartments or other small apartment buildings ( 4.60%), and a few large apartment complexes or high rise apartments ( 1.53%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Perry. Owner-occupied housing accounts for 89.21% of Perry's homes, and 72.39% have either three or four bedrooms, which is average sized relative to America.

Perry homes and real estate are some of the newest in America. 32.36% of Perry's housing was built since 2000, making the village have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Perry real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 27.76%), and before 1939 ( 23.47%). There's also some housing in Perry built between 1940-1969 ( 16.41%).

Perry Home Appreciation Rates

Real estate appreciation rates in Perry's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.30% during the period.

Appreciation rates are so strong in Perry that despite a nationwide downturn in the housing market, Perry real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Perry appreciation rates continue to be some of the highest in America, at 6.38%, which is higher than appreciation rates in 76.99% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Perry. Perry appreciation rates in the latest quarter were at -0.21%, which equates to an annual appreciation rate of -0.82%.

Relative to Ohio, our data show that Perry's latest annual appreciation rate is higher than 90% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$191,198

Perry, OH HOME PRICES

Value Range
> $1,141,000 0.0
$856,001 - $1,141,000 0.0
$570,001 - $856,000 0.0
$456,001 - $570,000 0.0
$342,001 - $456,000 1.3
$228,001 - $342,000 31.3
$114,001 - $228,000 61.7
$57,001 - $114,000 4.0
$0 - $57,000 1.6

Very High for OH
High for Nation

Value Relative to Nation Value Relative to State
34.5951013711473 16.4041994750656

Number Of Homes And Apartments:
599

Perry Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
10.57% 0.58% 5 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$823 / per month

Homeownership Rate

Homeownership
Owners 89.21
Renters 10.79
Vacant 8.13

Housing Market Details

 

Age of Homes

AGE OF Perry HOMES
2000 or Newer 32.4
1970 - 1999 27.8
1940 - 1969 16.4
1939 or Older 23.5

Types of Homes

TYPE OF Perry HOMES
Single-Family 86.0
Townhomes 7.8
Small Apt. Buildings 4.6
Apt. Complexes 1.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Perry HOMES
No Bedroom 0.00
1 Bedroom 3.53
2 Bedrooms 21.93
3 Bedrooms 47.24
4 Bedrooms 25.15
5 or more bedrooms 2.15