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Short Sale Listings in Peru, IN 46970

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Peru, IN Foreclosures

How much do homes sell for in Peru, IN?
The average home price is currently $179,774.
In Peru, IN, how many homes are available?
There are currently 58 active home listings available in Peru.
What’s the average rental cost in Peru, IN?
The average rental price in Peru is $943.
What is the most expensive home in Peru?
The most expensive home sold in Peru had a price of $9,050,765.
What is currently the cheapest priced home in Peru, IN?
The cheapest home for sale in Peru is priced at $12,023.

Living in Peru, IN

Peru, Indiana is a quaint town known for its vibrant community and rich circus history. With access to parks, local shops, and friendly neighborhoods, it offers a relaxed lifestyle. The annual Peru Circus Festival draws visitors from afar, highlighting the town's unique heritage.

Current Market Conditions in Peru, IN

The current real estate market in Peru, IN, is relatively stable with a consistent demand for homes. The community’s affordability is appealing for first-time buyers and families, thus maintaining a healthy turnover in property listings, particularly in the mid-range price segment.

The ongoing interest in suburban living driven by remote work trends has led to an uptick in property inquiries. Overall, home prices have shown modest appreciation over the last year due to limited inventory and increasing buyer interest.

Home Value Estimator For Peru, IN

There are currently 8,294 real estate properties in Peru, IN, with a median automated valuation model (AVM) price of $143,718.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Peru, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Peru, IN, is $179,774.00, with the most expensive house in Peru, IN, topping out at $9,050,765.00 and the cheapest home in Peru, IN, clocking in at $12,023.00. In other words, there’s something for every potential homebuyer or savvy investor in Peru, IN!

Rent Prices In Peru, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Peru, IN, is on a rollercoaster ride. The average rent price in Peru, IN, is $943.00. Indeed, when looking to rent in Peru, IN, you can expect to pay as little as $450.00 or as much as $2,540.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Peru, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Peru, IN 46970 Short Sale Listings

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