Peru, IN metro area Housing Market Brief
metro · IN · score computed September 2026
What is Peru, IN metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 1 of 5 (population 12,616–37,875) · comparable within its band
Where is Peru, IN metro area in its market cycle?
Peru, IN metro area is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
Peru, IN metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $84K | ▼ -56.5% |
| Median Days on Market | 52 days | 0% |
| Months of Supply | 2.5 | ▼ -16.7% |
| Homes for Sale | 89 | ▲ +17.1% |
| Homes Sold | 37 | ▲ +42.3% |
| Median Price / Sq Ft | $64 | ▼ -40.2% |
Markets like Peru, IN metro area
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Frequently asked questions
Is Peru, IN metro area a buyer's or seller's market?
In the scores computed September 2026, Peru, IN metro area is classified as a Seller's Market, based on its Alpha Score of 74 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in Peru, IN metro area?
The median sale price in Peru, IN metro area is $84K, having fallen 56.5% over the past year.
How affordable is Peru, IN metro area?
Peru, IN metro area scores 97 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Peru, IN metro area's Alpha Score?
Peru, IN metro area's strongest dimension is Affordability (97/100) and its weakest is Inventory Health (48/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.
Want the live, interactive view of Peru, IN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.