Photo: User:Vmenkov · CC BY-SA 3.0586 homes sold in Perry Township in the last year, at a typical $364K
Redfin reports Perry Township’s sales by ZIP code, so these figures are for ZIP 47401, which takes in Perry Township and the area around it. About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Perry Township homes are listed.
Every place Perry Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Perry Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A third of Perry Township’s sales are condos, at $217K less than a house
374 houses and 189 condos sold in the year to May 2026. Condos sell faster.
typical sale · 374 sold in 12 months
- Per square foot
- $193IN $148
- Days to sell
- 82
- Sold over asking
- 8%
typical sale · 189 sold in 12 months
- Per square foot
- $178IN $160
- Days to sell
- 58
- Sold over asking
- 7%
About as many homes sell as usual, at 1.9 times the 2016 price
586 sales in the last year, against 786 in 2021 and a low of 34 in 2013. The typical sale went from $193K in 2016 to $364K.
Source: Redfin Data Center, MLS sales; for ZIP 47401, which takes in Perry Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $350K buys in Perry Township
Check a listing against what Perry Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Perry Township are rarer than before the pandemic, with about as many homes for sale
We read every month of home sales in ZIP 47401 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 586 sales.
If you’re buying in Perry Township
- Shop in August. It brings about 69 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
- Offer under asking. Buyers paid 96.7% of the list price on average; 8% paid over.
- You’ll usually have time. Only 32% of homes go under contract within two weeks; the typical one takes 73 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 84 a month), and the most competition: 19% close over asking. July and August offer nearly as much choice with fewer homes bid up (18%). February has the least competition (11%) but only about 44 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Indiana
| Perry Township now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 8% | 13% | 29% | 19% |
| Gone within two weeksShare of homes under contract within 14 days | 32% | 3% | 1% | 37% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 33% |
| Price paid vs. askingAverage sale price ÷ list price | 96.7% | 97.4% | 99.1% | 97.7% |
| Days to sellMedian days from listing to contract | 73 | 76 | 55 | 35 |
232 homes for sale on a typical day
That’s 6.7 times the 2012 low (35), about the 2017–19 level and well under 2014’s 453.
Since 2019, houses are up 47%, condos 53%
A house typically sold for $443K in the last year (374 sales), a condo for $226K (189).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, ZIP code tracker; for ZIP 47401, which takes in Perry Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Perry Township home costs about $2,137 a month
Price: Perry Township’s typical sale, last 12 months. Property tax at Perry Township’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Perry Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. January has the fewest, about 34.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $364K home, about $2,860 a year.
Taxes vs. neighborsSchools
The schools grade for Perry Township, from test results, graduation and how much students grow.
Schools in Perry TownshipTypical commute
The average one-way trip to work for people who live in Perry Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Spencer and Bedford sell for less a square foot
The busier markets within 25 miles of Perry Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Bloomington | 645 | $334K | $185 | 11% | 68 |
| Perry Township (ZIP 47401) | 586 | $364K | $186 | 8% | 73 |
| Bedford | 218 | $196K | $135 | 23% | 73 |
| Ellettsville | 187 | $327K | $188 | 18% | 72 |
| Smithville-Sanders | 103 | $231K | $183 | 4% | 69 |
| Nashville | 25 | $330K | $206 | 12% | 119 |
| Spencer | 24 | $185K | $152 | 4% | 51 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Perry Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Perry Township. People who follow the town see it, and so do people comparing Perry Township with their own town. No commission, no listing fee.
Questions about buying a home in Perry Township
What do homes sell for in Perry Township, IN?
586 homes sold in the year to May 2026 at a typical $364K, $186 a square foot. Houses sold for about $443K, condos for about $226K.
Is Perry Township a buyer’s or seller’s market?
A balanced market: 279 homes were for sale in May 2026 and 59 sold, about 4.7 months of supply. Buyers paid 96.7% of asking on average.
When is the best time to buy in Perry Township?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Perry Township?
About 0.8% of a home’s value a year. On a $364K home that’s near $2,860.
Where can I see homes for sale in Perry Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Perry Township’s MLS listings; the search links above open each one filtered to Perry Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 47401, which takes in Perry Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).