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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 6,970 people, 2,372 houses or apartments, and a median cost of homes of $129,089, house prices in Perry are some of the most affordable in Florida as well as the nation.
Single-family detached homes are the single most common housing type in Perry, accounting for 70.95% of the city's housing units. Other types of housing that are prevalent in Perry include mobile homes or trailers ( 16.49%), duplexes, homes converted to apartments or other small apartment buildings ( 6.40%), and a few row houses and other attached homes ( 3.33%).
The most prevalent building size and type in Perry are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.23% owning and 38.77% renting.
There is a lot of housing in Perry built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Perry built between 1940-1969 ( 36.94%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.59%). There's also some housing in Perry built before 1939 ( 7.99%).
Vacant housing appears to be an issue in Perry. Fully 20.99% of the housing stock is classified as vacant. Left unchecked, vacant Perry homes and apartments can be a drag on the real estate market, holding Perry real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
In the last 10 years, Perry has experienced some of the highest home appreciation rates of any community in the nation. Perry real estate appreciated 115.86% over the last ten years, which is an average annual home appreciation rate of 8.00%, putting Perry in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Perry definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Perry appreciation rates have trailed the rest of the nation. In the last twelve months, Perry's appreciation rate has been 3.20%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Perry were at -2.36%, which equates to an annual appreciation rate of -9.13%.
Notably, Perry's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Perry's latest annual appreciation rate is lower than 60% of the other cities and towns in Florida.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Perry differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Perry - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Perry real estate investment or home purchase decisions.
$129,089
for Florida
for nation
2,372
$1,521 / per month