Perry County, Indiana Housing Market
In Perry County, Indiana, the median home value is $163,400, with a median monthly rent of $682. This places Perry County at #1941 nationally out of 3134 counties by median home value, and #61 within Indiana.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,036
- Establishments: 362
- BLS QCEW, 2025
Housing Supply
- Single-family: 32
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 7,536 (avg $61,393)
- Outflow: 7,259 (avg $62,238)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Perry County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 47586 | 205.4 | +3.20% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Perry County Compares
| Metric | Perry County | Indiana Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $163,400 | $191,898 | $227,706 |
| Median Gross Rent | $682 | $910 | $968 |
| Owner Occupancy Rate | 75.5% | 76.3% | 73.3% |
| Price/Rent Ratio | 20.0 | 17.5 | 18.7 |
Market Analysis
The median home value in Perry County is 14.9% below the Indiana state average and 28.2% below the U.S. national average. The median rent of $682/month is 25.1% below the state average.
With a price-to-rent ratio of 20.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Perry County has an owner-occupancy rate of 75.5%, compared to 76.3% in Indiana and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Jefferson County | Iowa | $163,400 | $883 |
| Union County | Mississippi | $163,400 | $865 |
| Wyandot County | Ohio | $163,400 | $827 |
| Rusk County | Wisconsin | $163,400 | $874 |
| Marion County | Arkansas | $163,300 | $795 |
Other Counties in Indiana
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Clinton County | $164,100 | $920 | 74.2% |
| Howard County | $165,000 | $937 | 70.6% |
| Huntington County | $161,600 | $879 | 77.4% |
| Jennings County | $161,500 | $988 | 78.8% |
| Madison County | $161,300 | $939 | 70.2% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).