Perry County, Alabama Housing Market Prices
Perry County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 40% above the Alabama median More expensive than 86% of counties in Alabama$225,000
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Median rent 41% below the Alabama median Among the top 5 cheapest counties in Alabama$591
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Perry County | Alabama Avg | US Average |
|---|---|---|---|
| Median Home Price | $225,000 | $160,474 | $248,835 |
| Price Trend (Annual %) | 6.1% | 6.3% | 7.5% |
| Median Gross Rent | $591 | $1,007 | $1,407 |
| Rent Trend (Annual %) | 3.0% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Perry County is about 40% higher than in Alabama. Rent is about 41% lower than the Alabama average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Perry County, up about 6.1% and 3.0% a year respectively. Home prices are changing faster.
Median rent in Perry County rose about 15.5% between 2015 and 2024, from $512 to $591. Over the same span, rent in Alabama rose about 40.5%.
Affordability
On average, housing unit costs 6.0 yearly household incomes in Perry County.
Buying the median-priced home in Perry County costs roughly 31.7 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Perry County. The price-to-rent ratio in Alabama is about 13.3.
| Metric | Perry County | Alabama Avg | US Average |
|---|---|---|---|
| Median Home Price | $225,000 | $160,474 | $248,835 |
| Median Household Income | $37,514 | $64,544 | $80,455 |
| Price-to-Income Ratio | 6.0 | 2.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Perry County rose about 41.6%, while median household income rose about 25.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Perry County | Alabama Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.3% | 60.0% | 58.5% |
| Rental Rate | 19.5% | 25.5% | 31.2% |
| Vacancy Rate | 13.2% | 14.5% | 10.2% |
| Median Tenure (years) | 19.0 | 16.0 | 15.0 |
| Median Year Moved In | 2007 | 2010 | 2011 |
Perry County has a homeownership rate of 67.3%, higher than the Alabama average of 60.0%. Its housing vacancy rate is 13.2%, compared with 14.5% in Alabama.
Housing Stock
| Metric | Perry County | Alabama Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.10 people | 2.48 people | 2.53 people |
| Median Structure Built Year | 1984 | 1985 | 1978 |
| Median Number of Rooms | 5.7 | 5.9 | 5.5 |
The typical housing unit in Perry County was built around 1984. On average, 2.1 people live in a home with about 5.7 rooms, staying for about 19.0 years on average.
Perry County, AL Housing Compared With Nearby Counties
How Perry County, AL compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Perry County, AL | 8,031 | $225,000 #1/3 | $591 #3/3 | 77.5% #1/3 |
| Dallas County, AL | 36,858 | $102,778 | $732 | 63.8% |
| Chilton County, AL | 45,992 | $147,097 | $871 | 76.9% |
Frequently Asked Questions
Common questions about the housing market in Perry County, Alabama.
What is the median home price in Perry County, Alabama?
The median home price in Perry County, Alabama is $225,000, higher than the Alabama average of $160,474.
What is the average home price in Perry County, Alabama?
The typical home price in Perry County, Alabama, reported as the median sale price, is $225,000. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Perry County, Alabama?
The median gross rent in Perry County, Alabama is $591 per month, lower than the Alabama average of $1,007.
What was the median gross rent in Perry County in 2020?
In 2020, the median gross rent in Perry County, Alabama was $375 per month.
What is the price-to-rent ratio in Perry County, Alabama?
The price-to-rent ratio in Perry County, Alabama is about 31.7, meaning it would take roughly 31.7 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Perry County.
Are home prices or rent rising faster in Perry County, Alabama?
Both home prices and rent are rising in Perry County, up about 6.1% and 3.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Perry County, Alabama?
67.3% of households in Perry County, Alabama own their home, higher than the Alabama average of 60.0%.
What is the vacancy rate in Perry County, Alabama?
The housing vacancy rate in Perry County, Alabama is 13.2%, lower than the Alabama average of 14.5%.
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