Market Overview
Home Prices in Perry, IA
The median home value in Perry, IA is $176,167 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2% compared to a year ago and down 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Perry are priced57% below average. Perry is part of the Des Moines-West Des Moines, IA metro area.
Over the past five years, Perry home values have risen by approximately29.2%, reflecting strong long-term appreciation in this market.
Price History
Perry Home Price Trend
City Comparison
Perry vs. National Median
At $176,167, homes in Perry cost 57% below the national median of $410,000. This makes Perry a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Perry?
20% Down Payment
$35,233
on $176,167
Monthly P&I
$919/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,167/mo
incl. taxes & insurance
Income Needed
$46,680
gross annual (30% rule)
10% Down Option
$17,617
+ PMI applies
Loan Amount (20% dn)
$140,934
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Perry, IA?
The median home value in Perry is $176,167 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2% year-over-year.
How much have home prices changed in Perry?
Over the past year, home values in Perry have increased by 2%. Over five years, prices have risen approximately 29.2%.
How much do I need to earn to buy a home in Perry?
To comfortably afford the median home price of $176,167 with a 20% down payment ($35,233) at today's rates (6.8%), you'd need a gross annual income of approximately $46,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Perry compare to the national average home price?
The national median home value is approximately $410,000. At $176,167, homes in Perry are 57% below the national average.
What metro area is Perry part of?
Perry is part of the Des Moines-West Des Moines, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.