Perry County, Illinois 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 54% below the Illinois median$69,053
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Median rent 43% below the Illinois median Cheaper than 83% of counties in Illinois$728
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Perry County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $69,053 | $149,936 | $248,835 |
| Price Trend (Annual %) | 41.2% | 2.5% | 7.5% |
| Median Gross Rent | $728 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 4.2% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Perry County is about 54% lower than in Illinois. Rent is about 43% lower than the Illinois average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Perry County, up about 41.2% and 4.2% a year respectively. Home prices are changing faster.
Median rent in Perry County rose about 52.0% between 2015 and 2024, from $479 to $728. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 1.1 yearly household incomes in Perry County.
Buying the median-priced home in Perry County costs roughly 7.9 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Perry County. The price-to-rent ratio in Illinois is about 9.8.
| Metric | Perry County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $69,053 | $149,936 | $248,835 |
| Median Household Income | $63,094 | $84,042 | $80,455 |
| Price-to-Income Ratio | 1.1 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Perry County rose about 195.1%, while median household income rose about 51.1% 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 | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.6% | 61.9% | 58.5% |
| Rental Rate | 16.4% | 30.4% | 31.2% |
| Vacancy Rate | 14.0% | 7.7% | 10.2% |
| Median Tenure (years) | 18.0 | 16.0 | 15.0 |
| Median Year Moved In | 2008 | 2010 | 2011 |
Perry County has a homeownership rate of 69.6%, higher than the Illinois average of 61.9%. Its housing vacancy rate is 14.0%, compared with 7.7% in Illinois.
Housing Stock
| Metric | Perry County | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.30 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1971 | 1969 | 1978 |
| Median Number of Rooms | 5.6 | 5.6 | 5.5 |
The typical housing unit in Perry County was built around 1971. On average, 2.3 people live in a home with about 5.6 rooms, staying for about 18.0 years on average.
Perry County, IL Housing Compared With Nearby Counties
Perry County, IL is the smallest of the 5 counties compared here, 20,638 residents against a local median of 36,934. Perry County, IL's median home price, at $69,053, runs 16% above the $59,298 typical of the counties around it.
The counties themselves spread $176,834 on median home price, so Perry County, IL sits at one end of an already wide local range rather than apart from it. Perry County, IL has the 3rd highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Perry County, IL | 20,638 | $69,053 #3/5 | $728 #5/5 | 80.9% #1/5 |
| Jackson County, IL | 53,061 | $69,066 | $782 | 50.0% |
| Franklin County, IL | 37,318 | $48,166 | $803 | 74.1% |
| Randolph County, IL | 30,051 | $49,530 | $779 | 76.6% |
| Jefferson County, IL | 36,549 | $225,000 | $884 | 71.7% |
Frequently Asked Questions
Common questions about the housing market in Perry County, Illinois.
What is the median home price in Perry County, Illinois?
The median home price in Perry County, Illinois is $69,053, lower than the Illinois average of $149,936.
What is the average home price in Perry County, Illinois?
The typical home price in Perry County, Illinois, reported as the median sale price, is $69,053. 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, Illinois?
The median gross rent in Perry County, Illinois is $728 per month, lower than the Illinois average of $1,274.
What was the median gross rent in Perry County in 2020?
In 2020, the median gross rent in Perry County, Illinois was $592 per month.
What is the price-to-rent ratio in Perry County, Illinois?
The price-to-rent ratio in Perry County, Illinois is about 7.9, meaning it would take roughly 7.9 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Perry County.
Are home prices or rent rising faster in Perry County, Illinois?
Both home prices and rent are rising in Perry County, up about 41.2% and 4.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Perry County, Illinois?
69.6% of households in Perry County, Illinois own their home, higher than the Illinois average of 61.9%.
What is the vacancy rate in Perry County, Illinois?
The housing vacancy rate in Perry County, Illinois is 14.0%, higher than the Illinois average of 7.7%.
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