Market Intelligence Report — IN-940

Peru, IN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IN-08
As of the latest 2026 data
Cooling

Median Listing

$165K
-8.1% YoY

Pending Ratio

0.35
-19.5% YoY

Active Inventory

82
+32.3% YoY

Median DOM

52 Days
+1.0% YoY

Primary Intelligence Tool — Sold Score™

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The Peru, IN, market is currently in a Cooling phase, characterized by a pending ratio of 0.35. Active listings have expanded by 32.3% year-over-year, indicating a substantial increase in available supply relative to demand.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Peru market right now.

Supply expansion is evident, with active listings increasing by 32.3% and new listings up 22.2% over the past year. Concurrently, the median listing price has softened, declining by 8.1% year-over-year. The pending ratio has contracted by 19.5% year-over-year, reflecting a deceleration in demand absorption. The median days on market saw a slight increase of 1.0% over the past year, while the share of price-reduced listings rose by 12.7% year-over-year.

Historical Analysis

Market Trends

Median Price

$165K-2.9% MoM

Active Inventory

82+32.3% YoY

Days on Market

52+1.0% YoY

Sold Score™

37-19.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

37
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The expansion in active listings and the declining pending ratio suggest diminished pressure on available supply, leading to a slower pace of transaction activity. Purchasers in this environment may find more opportunity for price discipline, given the increased inventory and the longer market duration for properties. The elevated share of price reductions further indicates a shift in negotiating dynamics.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

82 active listings represent the current floor, with new supply arriving at roughly 44 per month.

Pricing Pressure
32.8%

of active listings carry a price reduction, +12.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -4.5% year-over-year.

Absorption
0.35

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Peru, IN? Inventory is up 32% from last year.

Buyers have leverage in Peru, IN. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
35%
Median Days on Market
52 days
Inventory YoY
+32%

In a buyer's market, strategy beats timing. See how your home scores in Peru, IN and what moves the number.

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Metro Demographics

Metro Area
Peru, IN
CBSA Code
37940
State
IN