Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 2 |
Acreage buckets
The median price for land in Peru, Illinois is currently $246K per acre. For a typical parcel, the median sale price is $39K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $30K while premium lots reached $48K.
Land in Peru, Illinois averages $246K per acre. The median price per acre is $246K, which may be more representative of typical transactions. Most parcels sold are around 9,365 sq ft.
The top-performing broker in this market is Blackhawk Brokerage LLC.
The 12-month rate is 0.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Peru, Illinois stands at $39K. This translates to roughly $246K per acre for the typical parcel size.
Land in Peru, Illinois typically sells within 39 days of listing. The median time on market is 39 days. Properties are moving quickly in the current strong buyer's market.
There are currently 32 active listings in Peru, Illinois. 3 new listings have hit the market in the last 90 days. The median asking price is $129K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
