Perry, GA—31069
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Perry, GA
As of Oct '25, the median home price in Perry, GA is $268,000, with a year-over-year change of 3.2%. This indicates that home prices in Perry, GA are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $268,000 | 3.2% |
| Single Family | $269,000 | 3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $157,000 | 4.0% |
3 Bed | $232,000 | 3.6% |
4 Bed | $318,000 | 1.6% |
| 5 Bed | $355,000 | 0.0% |
% of Housing Stock
Rental Trends — Perry, GA
As of July '25, Rentcast reports the average rent in Perry, GA is $1,820, with a year-over-year rent change of 4.0%. Per bedroom, the median rent as of July '25 in Perry, GA is 1-bedrooms: $876, 2-bedrooms: $1,100, 3-bedrooms: $1,940, 4-bedrooms: $2,390. The most common rental property sizes in Perry, GA are 2-bedroom and 3-bedroom, accounting for 46.8% and 27.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,820 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $808 | $876 |
| 2 Bed Rent | $975 | $1,100 |
| 3 Bed Rent | $1,800 | $1,940 |
| 4 Bed Rent | $2,300 | $2,390 |
% of Rental Stock
Property Listings — Perry, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Perry, GA is 57. This is a increase of 6.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $310,000 | 0.0% |
Listing Count | 249 | 4.0% |
| Listings as % of Homes | 1.9% | 4.0% |
Days on Market | 57 | 6.0% |
Demographics — Perry, GA
As of the latest ACS Survey released in 2023, Perry, GA has a population of 22,100, which has increased by 9.5% over the past 5 years. Perry, GA is a moderately popular place for families, as children make up 21.5% of the population. The area has a moderately educated workforce, with 27.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,100 | 9.5% |
% Under 18 | 21.5% | -15.0% |
% Seniors | 17.1% | 12.5% |
% WFH | 7.4% | 131.2% |
% w/ College Degree | 27.6% | 16.9% |
As of the latest ACS Survey released in 2023, Perry, GA is a predominantly white area, with 64.5% of the population identifying as white. The white population has grown by 4.7% in the last 5 years. The second most common race or ethnicity in Perry, GA is black, making up 24.4% of the population. Foreign-born residents account for 4.0% of the population in Perry, GA, and this percentage has increased by 100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 64.5% | 4.7% |
% Black | 24.4% | -19.7% |
% Hispanic | 4.2% | 110.0% |
% Asian | 3.5% | 118.8% |
% Foreign Born | 4.0% | 100.0% |
Mortgage and Risk — Perry, GA
According to HUD data as of 2023, there were 590 mortgage originations in Perry, GA, of which 51.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Perry, GA. Investor activity is low, as 4.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 590 |
% Conventional Loans | 51.0% |
% Government Loans | 49.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Perry, GA
As of 2024, the percent of homes in Perry, GA under the Section 8 program is 8.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Perry, GA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 245 |
Total Units Section 8 | 195 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 68.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $192 | $808 | $1,000 |
| 2 Bedroom | $135 | $975 | $1,110 |
| 3 Bedroom | -$320 | $1,800 | $1,480 |
| 4 Bedroom | -$560 | $2,300 | $1,740 |
Affordability — Perry, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $268,000 |
| Median Household Income | $75,500 |