Frequently Asked Questions

Are house prices dropping in Peru?

The house prices in Peru are indeed dropping at the moment. There has been a decrease in price of $53,444.97. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Peru at this time?

The housing market and house prices in Peru are going down. The average house price is $164,950.00 and the average price per square feet is $115.31 per square foot. At the moment, there are 445 homes listed - 66 active, 15 pending, and 364 sold in Peru.

What is the most popular place to buy a house in Peru?

The most popular place to buy a home in Peru is 5205 - Miami - Jefferson. 5205 - Miami - Jefferson has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Peru?

The average amount of property taxes you would have to pay for a home in Peru is $6,130.30. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Peru being sold?

Properties in Peru stay on the market for an average of 92 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Peru?

The last home listed in Peru was 1577 minutes ago.

Can you visit houses in Peru?

Currently, there are 0 open houses available for viewing in Peru.

What is the most expensive house in Peru?

The cost of the most expensive home in Peru is $5,750,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Peru?

The cost of the cheapest home in Peru is $62,000.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Peru?

The oldest home in Peru was built in 1865, and the newest in 2026.

How big are the homes in Peru?

The average property size in Peru is 1989.23 sq.ft., the largest being 11100 sq.ft., and the smallest being 892 sq.ft.

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Active

$119,000

$20,000 on 06/27/2026

3 Beds

1 Baths

1,490 Sq. Ft.

465 E 500 N, Peru, IN, 46970-8172

Est. Payments: $0/mo

Residential

Built in 1910

49 days on Site

0.6 Lot Size

Window

Conventional

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

This 3 bed 1 bath is set on a large .6 acre lot just outside of town. With a large 2 car garage as well as additional outbuildings, this property offers plenty of room for all your outdoor activities. The features one bedroom on the main level and two large bedrooms upstairs. The deck at the rear of the house leads to the back yard with a...

Source: IRMLS as distributed by MLS GRID, MLS ID: 202618391

Listing provided courtesy of Nick DeMaegd 574-314-6000 with Century 21 Circle

Last Updated: 7/3/2026 | 7:34 PM

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About the Neighborhood

Zip Code 46970 presents a peaceful and slow-paced atmosphere characterized by a range of mostly single detached homes built before the 1960s. The neighborhood offers convenience with nearby primary and secondary schools accessible throughout the area. Residents find easy access to pharmacies and some restaurants nearby, enhancing everyday convenience. Ample parking spaces lighten the effort of vehicle accommodation, supporting smooth transportation within the community. While the bicycling network is limited, gentle terrain allows for pleasant segments suitable for cycling activities. Overall, Zip Code 46970 balances quiet residential charm with essential services positioned close enough to support daily routines comfortably.

Learn more about

Peru Market Report

Avg. Days on Market

103

Avg. Price Per Sq. Ft.

107.73

Median List Price

$180,700

Homes Listed

Frequently Asked Questions

Peru Neighborhoods

Miami County Peru Estates at Eagle Pointe Godfreys Hidden Hills Parkview Heights Wallace Heights

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

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Type	Dimensions	Level
Master Bedroom	10 x 10	Main
2nd Bedroom	10 x 10	Upper
3rd Bedroom	10 x 10	Upper