Explore Similar Townhomes Within 25 Miles of Peru, IN
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Why Live in Peru



Peru, located along the Wabash River, is a small neighborhood known for its rich circus and musical history. The area is home to the International Circus Hall of Fame and hosts the Peru Amateur Circus Festival every July, featuring performances, carnival rides, and a parade. Housing in Peru is affordable, with styles ranging from Colonial Revivals and cottages to bungalows and saltbox designs. The median home price is $133,000, significantly below the national median. Outdoor enthusiasts can enjoy the Peru Riverwalk Park with its walking trails, skate park, and pickleball courts, as well as the nearby Frances Slocum State Forest, which offers hiking, hunting, and equestrian trails. Downtown Peru features local businesses, cocktail lounges, cafes, and restaurants, with popular spots like Aroma Coffee Shop, Gabriel’s Pancake House, and Legend’s Cocktail Lounge. The neighborhood has good highway access, connecting residents to Fort Wayne and Indianapolis, with Fort Wayne International Airport 55 miles away and Indianapolis International Airport 87 miles away. Peru Community Schools system offers solid education options with a high rating. While the area does experience tornadoes and flood risks due to its proximity to the Wabash River, the Mississinewa Dam has helped mitigate flooding issues.
Home Trends in Peru, IN
On average, homes in Peru, IN sell after 54 days on the market compared to the national average of 50 days. The median sale price for homes in Peru, IN over the last 12 months is $146,500, up 9% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$146,500
Median Single Family Sale Price
$154,000
Median Townhouse Sale Price
$75,000
Average Price Per Sq Ft
$90
Number of Homes for Sale
39
Last 12 months Home Sales
202
Months of Supply
2.30
Median List Price
$159,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
9%