Housing in Peru, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$215,000

Median List Price

$261,500

Price Per Sq Ft

$160

Days on Market

91

Active Inventory

14

Months of Supply

4.7

Balanced market

Zillow Home Value

$170,973

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 43.3%List Price 56.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

57.1%

Sale-to-List Ratio

96.0%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
57.1%
Listings with Price Drops
14.3%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

6

Pending Sales

7

Homes Sold 40.0%New Listings 25.0%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$160

Median List $/SF

$160

Sale $/SF 36.8%List $/SF 34.5%Mar 24Jan 26

Peru vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Peru is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$155,600

Median Rent

$879

Total Housing Units

4,912

Vacancy Rate

10.8%

Owner Occupied

74.5%

Renter Occupied

25.5%

Median Property Tax

$2,817

per year

Monthly Cost (w/ Mortgage)

$849

Housing Types

Single Family
85.1%
Multi-Family
14.5%
Mobile Home
0.4%

The current median sale price in Peru, IL is $215,000 according to Redfin data. Homes spend a median of 91 days on the market. 0.0% of homes sold above asking price. The market has 4.7 months of supply. The median price per square foot is $160. The median rent is $879 per month (Census ACS). About 74.5% of housing units are owner-occupied. The median year homes were built is 1957. There are 4,912 total housing units.