OfferBackedBuyer Tools Run my numbers

Is Peru, IN 46970 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Peru is a seller’s market. With about 3.8 months of supply and 17% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score37/ 100

More competitive than 35% of U.S. ZIP codes, and #239 of 306 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.8Under 4 months = seller’s market
Sold above original list17.4%Share of sales, last 3 months
Median sale-to-list94.2%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$88▼ −17.4% vs. last year

Run the numbers for 46970

Prefilled for 46970Can I win this house?Multiple-offer likelihood for a listing Prefilled for 46970Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Amboy 46911Seller’s market $135 /sq ftBunker Hill 46914Seller’s market $145 /sq ftDenver 46926Seller’s market $146 /sq ftMacy 46951Balanced $134 /sq ft Browse all markets →

More tools for 46970

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology