Is Peru, ME 04290 a buyer’s or seller’s market?
Peru is a buyer’s market. With about 19.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Peru housing market right now
In the three months ending August 31, 2026, 0% of homes in Peru, ME 04290 sold above their list price, the typical home went under contract in 20 days and there were 19.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (67 days then) and the median sale price fell 30% to $174,924. Overall, Peru is more competitive than a year ago, so tougher for buyers.
Within Oxford County, homes here sell faster than in 86% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Canton 04221 (100% sold over asking) and Roxbury 04275 (50% sold over asking) are even more competitive.
Run the numbers for 04290
Nearby markets
Andover 04216Buyer’s market $219 /sq ftBethel 04217Buyer’s market $274 /sq ftBrownfield 04010Balanced $265 /sq ftBryant Pond 04219Buyer’s market $296 /sq ft Browse all markets →Towns like Peru nearby
Find towns like Peru in other states →Where Peru is
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Questions about Peru real estate
Is Peru a buyer’s or seller’s market?
A buyer’s market: there were 19.2 months of supply in Peru, ME 04290 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Peru?
The typical home went under contract in 20 days in the latest three months.
Do homes in Peru sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What are property taxes in Peru?
About 0.99% of a home’s value a year in Oxford County, or roughly $3,960 on a $400,000 home.
What is the median home price in Peru?
The median sale price was $174,924 in the three months ending August 31, 2026, about $180 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology