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PERU, IN 46970

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The PERU, IN real estate market (46970) currently shows 71 active listings, with 30 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.

Homes are selling faster, averaging 61 days on market compared to 67 days last year.

The median listing price has fallen 12.5% year-over-year, from $176,050 to $154,000.

Whether you are buying or selling in PERU, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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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
71
⇧ 24.6% vs 57 last year
Pending
30
42% pending ratio
Median Price
$154,000
⇩ 12.5% vs $176,050 last year
Average Price
$212,291
⇩ 26.5% vs $288,919 last year
Days on Market
61
⇩ 9% vs 67 days last year

Price Per Square Foot

Median $/sqft
$104
⇩ 8% vs $113/sqft last year
Median Home Size
1,610 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 71 this year vs 57 last year
  • Days on market: 61 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $154,000 (-12.5% YoY)
  • Average: $212,291 (-26.5% 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 22.1 miles — 317 listings ($69,567,792 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46970Peru, IN 469700.0 mi69$14,678,301$156,750$212,729
46926Denver, IN 469268.6 mi2$272,500$136,250$136,250
46959Miami, IN 4695910.4 mi1$75,000$75,000$75,000
46994Walton, IN 4699412.1 mi6$1,072,350$147,450$178,725
46988Twelve Mile, IN 4698812.4 mi4$749,000$143,000$187,250
46984Somerset, IN 4698413.7 mi1$199,000$199,000$199,000
46932Galveston, IN 4693215.4 mi12$2,668,200$220,000$222,350
46947Logansport, IN 4694716.3 mi66$14,656,422$189,500$222,067
46901Kokomo, IN 4690116.9 mi119$23,799,048$178,900$199,992
46940La Fontaine, IN 4694019.6 mi4$1,066,400$219,900$266,600
46990Urbana, IN 4699019.8 mi3$2,512,050$837,350$837,350
46987Sweetser, IN 4698720.3 mi9$2,017,053$215,500$224,117
46962North Manchester, IN 4696222.1 mi21$5,802,468$254,900$276,308

Frequently Asked Questions

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

As of February 2026, there are 71 active listings in PERU, IN (zip code 46970), compared to 57 the prior year.

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

The median listing price in PERU, IN 46970 is $154,000 as of February 2026, a 12.5% decrease from $176,050 the prior year.

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

Homes in PERU, IN 46970 spend an average of 61 days on the market before going under contract, compared to 67 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 February 2026, PERU, IN 46970 is currently a Balanced Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are selling faster, averaging 61 days on market compared to 67 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 $3,080 compared to a typical 5% commission on the median listing price of $154,000. 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.