Is Peru, IL 61354 a buyer’s or seller’s market?

The Peru housing market right now

In the three months ending August 31, 2026, 35% of homes in Peru, IL 61354 sold above their list price, the typical home went under contract in 44 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 17 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (37% then), homes sold faster (46 days then) and the median sale price rose 2% to $174,924. Overall, Peru is about as competitive as it was a year ago.

Within LaSalle County, homes here sell faster than in 76% of the county’s ZIP codes, and sell more often over asking than in 88%. On our competition score, Peru ranks #377 of 464 IL ZIP codes with enough sales (score 48 out of 100).

Nearby, buyers who want less competition could look at Wenona 61377 (0% sold over asking) or Utica 61373 (0% sold over asking), while Millington 60537 (100% sold over asking) and Sheridan 60551 (60% sold over asking) are even more competitive.