Perry, MO

Perry is a small town located in the southwest corner of Missouri. The population was just over 2,000 people in 2010. Perry is known for its agricultural production and its proximity to the larger city of Joplin. The town's economy has been based largely on agriculture and manufacturing, but the recent recession has caused a decline in both sectors.

Real estate in Perry is dominated by single-family homes and duplexes. There are also a few small apartment complexes, but most of the housing stock is owner-occupied. The median price for a single-family home was $101,000 in 2010, and the median price for a duplex was $50,000. The average price for an all-purpose residential property was $122,500 that year.

The market for real estate in Perry has been sluggish since the recession began, but there are some signs that it may be starting to improve. In 2012, there were nine sales recorded at an average price of $103,500; this represents an increase from 2011 when there were only six sales at an average price of $92,250. It is likely that this increase is due to increased demand from people who have lost their jobs or who are looking to downsize their homes due to economic conditions rather than any specific improvement in the market conditions themselves.