Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$170,720+2.2% YoY · prices are rising
Market right nowBalanced marketFewer homes for sale than last year, 11% have cut their price
Income needed to buy, per year$37,008About 0.7× the local median income ($55,337): affordable for a typical household
Days on market81 daysFaster than a year ago: sellers have the edge
The typical home in Perry County, TN is worth $170,720, up 2.2% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $166,530, so the area is 2.5% overvalued. It is a balanced market: homes take about 81 days to sell, listings are down 4% from a year ago, 11% of listings have had a price cut. A household needs about $37,008 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 $55,337. In the latest IRS figures, 146 more people moved in than out.
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
$170,720
Change in 1 year
+2.2%
Overvalued %
+2.5%
Show 6 more
Fair home value
$166,530
Change in 5 years
+6.7%
Home value to income
3.1×
Monthly mortgage payment (20% down)
$925
Income needed to afford it
$37,008
Property tax rate
0.53%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$995
Market activity
Listings vs a year ago
−4.4%
Days on market
81
Listings with a price cut
11.1%
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Homes for sale
43
Pending sales per 100 listings
14
Asking price per sq ft
$214
People and jobs
Median household income
$55,337
Population change (1 year)
+1.6%
Unemployment rate
5.8%
Show 4 more
Population
9,126
Income adjusted for cost of living
$65,179
Net moves in (IRS)
+146
Cost of living (US = 100)
84.9
Schools, risk and environment
School rating (1 to 10)
3.3
FEMA hazard risk score (0 to 100)
33.4
Flood risk score
47.1
Show 3 more
Wildfire risk score
7.8
Walkability (1 to 20)
4.2
Road, rail and air noise
54 dB
Questions people ask
Is Perry County, TN overvalued?
Home prices in Perry County, TN are slightly above what local incomes have historically supported: fair value is about $166,530, so the area is 2.5% overvalued.
Is Perry County, TN a buyer's or seller's market?
Perry County, TN is a balanced market: homes take about 81 days to sell, listings are down 4% from a year ago, 11% of listings have had a price cut.
Are home prices going down in Perry County, TN?
Home values in Perry County, TN are up 2.2% over the last year.
How much do you need to earn to buy a home in Perry County, TN?
A household needs about $37,008 a year to afford the typical home in Perry County, TN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $55,337.