Peru First-Time Homebuyer Report for October

Peru is a small city in Illinois with a median income of $46,181 per household. Besides being somewhat affluent, its population is much younger than others with a median age of 44 years. The Peru market is almost exclusively made up of detached homes, currently accounting for 100% overall. The best school in the city is Dimmick Community Cons School.

Culture

Recommended places to eat, according to Foursquare, in Peru include Buffalo Wild Wings, Applebee's, and Pizza Hut. You might also try Walgreens, Marshalls, and Goodwill, a few popular stores to do some shopping. And finally, Anytime Fitness is a frequently visited outdoor spot.

Price Range

Home values in Peru are generally in line with others in the state with a median home value of $110,500 and an average list price of $94,813. Home sales in the Peru market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 36.4% to seven homes sold over the last 30 days.

Out of all the listings in Peru, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$460K   $139K   $194K  

Typical Dwelling

The typical dwelling in Peru is a three-bedroom detached home worth about $131,393. To purchase a similar home, a buyer with good credit and a $26,279 cash down payment could obtain a mortgage with a 3.95% interest rate and a $678 monthly payment. The property tax rate is $18.38 per $1,000 of taxable assessed value.

Get started right now by checking out Peru homes for sale or reviewing Peru real estate trends.


Data reported through 10/13/2016

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