Market Intelligence · IN / Miami County

Peru, IN home prices and housing market

1 ZIP market liveData updated September 2026Typical value$152K1-yr changeUp8.0%

The typical home value in Peru, IN is $152K as of September 2026, up 8.0% from a year ago, based on the Zillow Home Value Index. In the typical Peru ZIP code, the median list price is $156K and homes spend a median of 56 days on market as of September 2026 (Realtor.com).

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The coverage

Peru, by the numbers.

Typical home valueZillow ZHVI, September 2026
$152K
1-yr changeMedian across Peru ZIPs
+8.0%
ZIP markets live
1
County
Miami County

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12-month value trend

+8.0% over 12 months

Typical home value in Peru over the last 12 months: $141K in Sep 2025 to $152K in Sep 2026 (+8.0%).

Sep 2025$141K

Sep 2026$152K

Median Zillow home value index across Peru's ZIP codes.

Context

In Peru, the typical home value reached $152,331 as of September 2026, reflecting an 8.0% gain over the past year. The median list price stands at $155,975, with 65 homes currently on the market. New listings totaled 30 in September, though 27.7% of active listings have seen a price cut. Homes are spending a median of 56 days on market. For homeowners considering a sale, Peru's market shows modest gains but also signs of caution, with a meaningful share of sellers adjusting expectations.

The numbers

What is the housing market like in Peru, IN?

Typical home value

$152K

Up8.0%YoY

Median list price

$156K

Days on market

56

Homes for sale

65

Price cuts

27.7%

New listings

30

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Peru's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Peru, IN home prices over time

Typical home values in Peru, IN are up 8.0% over the past year, from $141K in September 2025 to $152K in September 2026.

Typical home value in Peru, IN, September of each year
MonthTypical value1-yr change
September 2026$152,331+8.0%
September 2025$140,987No prior year

Typical value is the median Zillow Home Value Index across Peru ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Peru, IN a buyer's or seller's market?

Peru, IN leans toward a buyer's market.

A large share of listings have cut their asking price, which gives buyers more room to negotiate.

Based on a median of 56 days on market and 28% of listings with a price cut in the typical Peru ZIP code, and 30 new listings against 65 active listings across Peru, as of September 2026 (Realtor.com).

The outlook

Peru housing market forecast 2027

+3.9%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Peru ZIP code, points to typical home values rising 3.9% by September 2027.

Over the 12 months through September 2026, typical home values in Peru rose 8.0%, per the Zillow Home Value Index.

Will home prices drop in Peru?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Peru shows typical home values rising 3.9% by September 2027, after a 8.0% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Peru ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Peru?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about Peru, IN home prices.

What is the typical home value in Peru?

As of September 2026, the typical home value in Peru is $152,331, up 8.0% from the prior year.

How many homes are for sale in Peru right now?

There are 65 homes for sale in Peru as of September 2026, with 30 new listings that month.

How long do homes take to sell in Peru?

The median time on market is 56 days, though home-selling experiences vary by location and condition.

Are home prices going up or down in Peru, IN?

Typical home values in Peru, IN are up 8.0% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Peru, IN a buyer's or seller's market?

Peru, IN leans toward a buyer's market. A large share of listings have cut their asking price, which gives buyers more room to negotiate. Based on a median of 56 days on market and 28% of listings with a price cut in the typical Peru ZIP code, and 30 new listings against 65 active listings across Peru, as of September 2026 (Realtor.com).

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