Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$127,461−0.7% YoY · prices are falling
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 0% have cut their price
Income needed to buy, per year$27,631About 0.7× the local median income ($37,105): affordable for a typical household
Days on market88 daysSlower than a year ago: buyers have time to negotiate
The typical home in Perry County, AL is worth $127,461, down 0.7% from a year ago. That is well below what local incomes have historically supported: fair value is about $160,757, so the area is 20.7% undervalued. It is a balanced market, leaning toward buyers: homes take about 88 days to sell, listings are down 14% from a year ago, 0% of listings have had a price cut. A household needs about $27,631 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $37,105. In the latest IRS figures, 41 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$127,461
Change in 1 year
−0.7%
Overvalued %
−20.7%
Show 6 more
Fair home value
$160,757
Change in 5 years
−14.6%
Home value to income
3.4×
Monthly mortgage payment (20% down)
$691
Income needed to afford it
$27,631
Property tax rate
0.33%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$921
Market activity
Listings vs a year ago
−13.6%
Days on market
88
Listings with a price cut
0.0%
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Homes for sale
19
Pending sales per 100 listings
11
Asking price per sq ft
$82
People and jobs
Median household income
$37,105
Population change (1 year)
−2.6%
Unemployment rate
16.5%
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Population
7,425
Income adjusted for cost of living
$44,597
Net moves in (IRS)
−41
Cost of living (US = 100)
83.2
Schools, risk and environment
School rating (1 to 10)
2.6
FEMA hazard risk score (0 to 100)
18.8
Flood risk score
22.5
Show 3 more
Wildfire risk score
23.2
Walkability (1 to 20)
4.8
Road, rail and air noise
53 dB
Questions people ask
Is Perry County, AL overvalued?
Home prices in Perry County, AL are well below what local incomes have historically supported: fair value is about $160,757, so the area is 20.7% undervalued.
Is Perry County, AL a buyer's or seller's market?
Perry County, AL is a balanced market, leaning toward buyers: homes take about 88 days to sell, listings are down 14% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Perry County, AL?
Home values in Perry County, AL are down 0.7% over the last year.
How much do you need to earn to buy a home in Perry County, AL?
A household needs about $27,631 a year to afford the typical home in Perry County, AL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $37,105.