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PERU, IN 46970

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The PERU, IN real estate market (46970) currently shows 97 active listings, with 34 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 56 days on market compared to 47 days last year.

The median listing price has fallen 12.9% year-over-year, from $179,000 to $155,975.

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Market Context

Market Context

Population: 23,363  ·  Density: 50.1/mi²  ·  Median household income: $55,291

Typical home value: $102,798  ·  Homeownership: 71.6%

Market Overview

Active Listings
97
⇧ 32.9% vs 73 last year
Pending
34
35% pending ratio
Median Price
$155,975
⇩ 12.9% vs $179,000 last year
Average Price
$209,476
⇩ 3.4% vs $216,913 last year
Days on Market
56
⇧ 19.1% vs 47 days last year

Price Per Square Foot

Median $/sqft
$99
⇩ 10.8% vs $111/sqft last year
Median Home Size
1,672 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 97 this year vs 73 last year
  • Days on market: 56 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $155,975 (-12.9% YoY)
  • Average: $209,476 (-3.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.2 miles — 273 listings ($66,200,281 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46970Peru, IN 469700.0 mi71$15,072,661$154,000$212,291
46926Denver, IN 469268.6 mi4$661,600$165,400$165,400
46911Amboy, IN 4691110.8 mi2$706,084$339,900$353,042
46992Wabash, IN 4699212.3 mi39$9,707,451$219,900$248,909
46951Macy, IN 4695113.2 mi9$1,920,816$189,999$213,424
46974Roann, IN 4697414.8 mi2$665,000$332,500$332,500
46919Converse, IN 4691915.4 mi7$1,287,125$118,000$183,875
46931Fulton, IN 4693116.8 mi1$84,500$84,500$84,500
46950Lucerne, IN 4695018.4 mi1$300,000$300,000$300,000
46990Urbana, IN 4699019.8 mi2$1,674,700$837,350$837,350
46987Sweetser, IN 4698720.3 mi7$1,644,447$221,975$234,921
46962North Manchester, IN 4696222.1 mi19$4,867,287$244,800$256,173
46902Kokomo, IN 4690222.2 mi109$27,608,610$231,150$253,290

Frequently Asked Questions

How many homes are for sale in PERU, IN 46970?

As of September 2026, there are 97 active listings in PERU, IN (zip code 46970), compared to 73 the prior year.

What is the median home price in PERU, IN 46970?

The median listing price in PERU, IN 46970 is $155,975 as of September 2026, a 12.9% decrease from $179,000 the prior year.

How long do homes stay on the market in PERU, IN?

Homes in PERU, IN 46970 spend an average of 56 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in PERU, IN 46970?

Based on current inventory and days-on-market data as of September 2026, PERU, IN 46970 is currently a Buyer's Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 56 days on market compared to 47 days last year.

How much can I save on real estate commission in PERU, IN?

With SELL123.com's maximum 3% commission, sellers in PERU, IN 46970 save an estimated $3,120 compared to a typical 5% commission on the median listing price of $155,975. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.