Perry Home Prices & Values

$152,600 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.1% 1-year change
  • 1.9% 1-year forecast

The median home value in Perry is $152,600. Perry home values have gone up 3.1% over the past year and Zillow predicts they will rise 1.9% within the next year. The median price of homes currently listed in Perry is $159,900.

Foreclosures will be a factor impacting home values in the next several years. In Perry 31.3 homes are foreclosed (per 10,000). This is greater than the Cleveland Metro value of 6.0 and also greater than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Perry is 6.4%, which is lower than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Perry homeowners underwater on their mortgage is 18.8%, which is lower than Cleveland Metro at 23.4%.

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Relative ZHVI
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Perry Market Overview

Data through Jun 30, 2014
  • $152,600 ZHVI
  • 1.9% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $159,900 Median listing price
  • No data Median sale price
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Perry Market Health

Data through Jun 30, 2014
  • 3.3/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • 18.8% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 6.4% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

31.3 homes(May 31, 2014) Perry
6 homes Cleveland Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Montville $162,300 Thompson $159,200 Mentor $150,200
Chardon $147,300 Painesville $133,300 Madison $125,000
Geneva $92,500 Fairport Harbor $85,300 Geneva-on-the-Lake $76,200

Listings & Sales

Data through Jun 30, 2014
  • $88 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 17.4% Listings with price cut
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Perry Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,320 Perry
$1,132 Cleveland Metro
$1,310 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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