Perryville, KY—40468
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Perryville, KY
As of Oct '25, the median home price in Perryville, KY is $219,000, with a year-over-year change of 6.5%. This indicates that home prices in Perryville, KY are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $219,000 | 6.5% |
| Single Family | $219,000 | 6.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $165,000 | 8.6% |
3 Bed | $222,000 | 5.2% |
4 Bed | $274,000 | 7.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Perryville, KY
Perryville, KY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Perryville, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in Perryville, KY is 134. This is a increase of 150.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $252,000 | -5.0% |
Listing Count | 9 | -36.0% |
| Listings as % of Homes | 0.9% | -36.0% |
Days on Market | 134 | 150.0% |
Demographics — Perryville, KY
As of the latest ACS Survey released in 2023, Perryville, KY has a population of 1,970, which has increased by 12.7% over the past 5 years. Perryville, KY is a moderately popular place for families, as children make up 24.9% of the population. The area has a moderately educated workforce, with 27.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,970 | 12.7% |
% Under 18 | 24.9% | 60.6% |
% Seniors | 16.2% | -22.9% |
% WFH | 17.6% | 738.1% |
% w/ College Degree | 27.1% | 44.9% |
As of the latest ACS Survey released in 2023, Perryville, KY is a predominantly white area, with 95.2% of the population identifying as white. The white population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Perryville, KY is hispanic, making up 1.5% of the population. Foreign-born residents account for 0.5% of the population in Perryville, KY, and this percentage has decreased by 66.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.2% | 1.0% |
% Black | 1.2% | -67.6% |
% Hispanic | 1.5% | 150.0% |
% Asian | 0.8% | ∞% |
% Foreign Born | 0.5% | -66.7% |
Mortgage and Risk — Perryville, KY
According to HUD data as of 2023, there were 72 mortgage originations in Perryville, KY, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Perryville, KY. Investor activity is low, as 3.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 72 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Perryville, KY
Perryville, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 21 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,340 |
| 4 Bedroom | N/A | N/A | $1,610 |
Affordability — Perryville, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $219,000 |
| Median Household Income | $67,600 |