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PERU, IL 61354

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

Market Analysis

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

The PERU, IL real estate market (61354) currently shows 34 active listings, with 17 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 36 days on market compared to 35 days last year.

The median listing price has risen 12.6% year-over-year, from $172,175 to $193,825.

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Market Context

Market Context

Population: 10,422  ·  Density: 94.5/mi²  ·  Median household income: $64,034

Typical home value: $160,301  ·  Homeownership: 74.5%

Market Overview

Active Listings
34
⇧ 13.3% vs 30 last year
Pending
17
50% pending ratio
Median Price
$193,825
⇧ 12.6% vs $172,175 last year
Average Price
$226,163
⇩ 14.3% vs $263,778 last year
Days on Market
36
⇧ 2.9% vs 35 days last year

Price Per Square Foot

Median $/sqft
$133
⇧ 4.7% vs $127/sqft last year
Median Home Size
1,406 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 34 this year vs 30 last year
  • Days on market: 36 now vs 35 last year

Median & Average Pricing

Year over Year
  • Median: $193,825 (+12.6% YoY)
  • Average: $226,163 (-14.3% 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 16.8 miles — 196 listings ($60,288,557 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61354Peru, IL 613540.0 mi17$3,950,052$187,725$232,356
61329Ladd, IL 613294.6 mi2$559,000$279,500$279,500
61301La Salle, IL 613015.4 mi26$5,147,350$167,250$197,975
61348Oglesby, IL 613486.5 mi10$2,225,170$190,000$222,517
61359Seatonville, IL 613596.9 mi1$93,850$93,850$93,850
61373Utica, IL 613739.0 mi9$1,897,767$177,000$210,863
61370Tonica, IL 6137010.2 mi3$657,000$219,000$219,000
61337Malden, IL 6133711.7 mi2$504,500$252,250$252,250
61332Leonore, IL 6133212.8 mi1$144,900$144,900$144,900
61371Triumph, IL 6137113.2 mi1$245,000$245,000$245,000
61350Ottawa, IL 6135014.8 mi86$35,515,764$364,950$412,974
61356Princeton, IL 6135615.6 mi25$5,434,450$207,675$217,378
61560Putnam, IL 6156016.8 mi13$3,913,754$237,500$301,058

Frequently Asked Questions

How many homes are for sale in PERU, IL 61354?

As of September 2026, there are 34 active listings in PERU, IL (zip code 61354), compared to 30 the prior year.

What is the median home price in PERU, IL 61354?

The median listing price in PERU, IL 61354 is $193,825 as of September 2026, a 12.6% increase from $172,175 the prior year.

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

Homes in PERU, IL 61354 spend an average of 36 days on the market before going under contract, compared to 35 days the prior year.

Is it a seller's or buyer's market in PERU, IL 61354?

Based on current inventory and days-on-market data as of September 2026, PERU, IL 61354 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 36 days on market compared to 35 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PERU, IL 61354 save an estimated $3,877 compared to a typical 5% commission on the median listing price of $193,825. 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.