Is Peru Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Peru Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Peru Township has remained a Seller's Market.

Key Takeaway

Peru Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Peru Township, IN

How much do homes in Peru Township, IN cost?

Median Sold Price

$163,700

$109/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$13,800(+9.2%)

Key Takeaway

Homes in Peru Township have sold for 9.2% more than they did a month ago.

Summary: The median home sold price in Peru Township was $163,700 in October 2024, up 9.2% from last month, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $144.9K$117.5K
-18.9%
3 $139K$166.9K
+20.1%
4 $213K$150K
-29.6%
5+ $278K-
N/A

Summary: Peru Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.9%, 3 bedroom homes increased by 20.1%, 4 bedroom homes decreased by 29.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Peru Township
+9.2%
Peru
+9.2%
Washington Township
-3.1%
Pipe Creek Township
-5.1%
Jefferson Township
-31.0%

Housing Supply in Peru Township, IN

How many homes are available in Peru Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7978-1.3%

Summary: The Peru Township real estate market had 78 homes for sale in October 2024, a 1.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1514
-6.7%
3 4343
0.0%
4 1213
+8.3%
5+ 98
-11.1%

Summary: The Peru Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2518-28.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Peru Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Peru Township in October 2024, down by 28.0% month-over-month. Of the 18 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Peru Township, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Peru Township, IN

Nearby Markets to Peru Township, IN

What housing markets are near Peru Township, IN?