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Single-family Foreclosures 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 $179,567.
In Peru, IN, how many homes are available?
There are currently 34 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 $10,788.

Living in Peru, IN

Peru, Indiana, is a vibrant community known for its rich circus heritage and friendly atmosphere. With a mix of modern amenities and a small-town vibe, it offers a variety of outdoor activities and local events. The education system is robust, with several schools fostering a strong learning environment.

Current Market Conditions in Peru, IN

The real estate market in Peru has shown steady growth with a rising demand for homes as more people seek affordable living options outside of the larger urban centers. This trend has led to an increase in home prices, offering potential for investment opportunities.

Currently, homes are selling relatively quickly, often due to the area's attractive lifestyle, low crime rates, and community-oriented environment. Real estate listings suggest a favorable market for both buyers and sellers, with options ranging from historic properties to new constructions.

Home Value Estimator For Peru, IN

There are currently 8,296 real estate properties in Peru, IN, with a median automated valuation model (AVM) price of $144,127.00. 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 $179,567.00, 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 $10,788.00. 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 Single-family Homes


Market Trend for Peru, IN

Total Listings Available: 34

Market Values:

Home Prices from $10,788 to $9,050,765

Average Sales Price: $179,567

Rental Values:

Rental from $450 to $2,540

Average Rent Value: $943 / month

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