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 808 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

$123,000

2 Beds

1 Baths

1,680 Sq. Ft.

48 Mckinstry Avenue, Peru, IN, 46970

Est. Payments: $0/mo

Residential

Built in 1946

8 days on Site

0.21 Lot Size

Central Air

Gas

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

This 2-bedroom, 1-bath home offers plenty of space and potential on a desirable corner lot. Inside, you'll find a spacious living room, kitchen with ample cabinet and counter space, main-level bedroom and bath, plus a spacious upstairs bedroom features a unique cross-shaped layout with multiple alcove areas, providing plenty of room for a...

Source: IRMLS as distributed by MLS GRID, MLS ID: 202624736

Listing provided courtesy of Jake Williams 765-327-2478 with Miles Realty Group

Last Updated: 6/25/2026 | 11:10 AM

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About the Neighborhood

Peru offers a serene atmosphere with generally low noise levels, contributing to a peaceful environment. This neighborhood features a wide range of housing sizes, from lofts to larger four-bedroom options, accommodating diverse needs. Primary and secondary schools are conveniently located near all properties, ensuring easy access to quality education. Residents can find nearby pharmacies and staple food stores to meet everyday necessities, along with several restaurants and cafes within short distances. Parking availability is generous, making commuting simple, and the area experiences few steep slopes. Overall, Peru combines convenience with a tranquil setting, making it an attractive area for settling down.

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	15 x 10	Main
2nd Bedroom	32 x 30	Upper
Kitchen	14 x 10	Main
Family Room	19 x 8	Main
Dining Room	12 x 12	Main
Living Room	19 x 12	Main