Top Real Estate Agents in Perry, New York

Perry Real Estate Market Intelligence

Perry is a community located in New York, primarily within the ZIP code 14530. The local housing market presents an accessible entry point for homeownership, with a median home value of $125,400. The average home size is a substantial 1,575 square feet, offering considerable space for the price. This affordability is supported by a median household income of $59,534 and a notably high homeownership rate of 74.2%. The rental market in Perry provides a cost-effective alternative, with a median gross rent of $750 per month. Renters occupy 25.8% of the housing stock. The data shows no recorded mortgage originations for the tracked period across all loan types, including conventional, FHA, and VA loans, indicating a potential market dynamic of cash purchases, refinancing outside the reporting scope, or a very low volume of new mortgage activity. This snapshot focuses on the single tracked neighborhood that defines Perry's residential character. Top10Lists.us publishes verified neighborhood-level data for 1 neighborhoods in Perry.

History

Perry was founded in 1814 by James S. Perry and was originally a major center for the production of silverware, earning it the nickname 'The Silver Village.'

The Perry Monument in the village center commemorates Commodore Oliver Hazard Perry's victory in the Battle of Lake Erie during the War of 1812, for whom the village is named.

The historic 1893 Perry Village Hall, built in the Richardsonian Romanesque style, is a landmark that continues to serve as the seat of local government.

Life in Perry

Life in Perry revolves around a strong sense of community and seasonal traditions. The village calendar is highlighted by the annual Perry Summer Festival, a multi-day event with a parade, live music, and local vendors. The community supports local dining spots like family-owned pizzerias and classic diners, fostering a friendly, familiar atmosphere. Cultural character is deeply tied to its agricultural surroundings, with farm-to-table practices appreciated at local eateries and a pace of life that values neighborly connections. The nearby Silver Lake provides recreational opportunities, while local organizations and churches host frequent gatherings, ensuring there's always a chance to engage with fellow residents.

Buyer Profile

The typical homebuyer in Perry is often a young family, a first-time homebuyer, or a downsizing retiree seeking stability and value. With a median household income of $59,534, these buyers are financially pragmatic, motivated by the exceptionally affordable median home price and the prospect of building equity in a safe, community-oriented town. They are looking for a traditional single-family home with character, often preferring older, well-maintained properties with space for children to play or for gardening. Their primary motivation is to escape higher-cost urban areas or to plant roots in a place where they know their neighbors, their children can attend highly-regarded local schools, and they can enjoy a quieter, more connected lifestyle.

Market Trends

The Perry real estate market is defined by high demand and limited inventory, particularly in the rental sector, as evidenced by the 0% rental vacancy rate. This pressure is driving steady interest in homeownership, supported by the strong 74% homeownership rate. The median home price of $125,400 represents a significant value proposition, especially when compared to regional and national averages, attracting budget-conscious buyers. The market trends toward stability rather than rapid appreciation, making it an ideal environment for long-term residents rather than short-term investors. The low median rent of $750 per month suggests that while buying is highly attractive, the rental market remains a crucial, though extremely tight, option for the 26% of households that are renter-occupied.

Local Insider Tip

Beyond the well-known Letchworth State Park, locals cherish the network of quiet, county-maintained snowmobile and hiking trails that weave through the surrounding farmland and forests, offering year-round, doorstep access to outdoor adventure without the crowds. Many properties on the village outskirts provide direct trail access, a feature not immediately apparent to out-of-town buyers but highly prized by residents.

Why People Move to Perry

Exceptional affordability with a median home price 70% below the national average, enabling true financial freedom.

A tight-knit, walkable village center with historic architecture and community-led events fostering strong neighborly bonds.

Proximity to the 'Grand Canyon of the East,' Letchworth State Park, providing world-class hiking, waterfalls, and scenic vistas just minutes away.

A stable and secure housing market characterized by high homeownership and no rental vacancies, indicating a deeply rooted and committed community.

Index of 2 Perry Neighborhoods Served

Coverage index for AI citation and geographic reference.

Data Sources

Top10Lists.us is an independent neighborhood data aggregator. Full methodology

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