Peru Mortgage Rates & Closing Costs

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  • Trends
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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Peru averaged 6.63% for the week of 2025-07-03, compared to the national average of 6.67% for the same period.

    The average rate for the prior week (2025-06-26) was 7.03% and one month ago for the week of 2025-05-29, the average rate was 7.15%.

    Peru's average rate one year ago was 7.12%.

    For refis of the same type during the week of 2025-07-03, the average rate was 7.07%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-07-03 6.67%
    Peru 30 Year Fixed Rate 2025-07-03 6.63%
    Peru 30 Year Fixed Rate Refi 2025-07-03 7.07%
    Peru 15 Year Fixed Rate 2025-07-03 5.8%
    Peru 15 Year Fixed Rate Refi 2025-07-03 6.3%
    Peru 30 Year FHA 2025-07-03 -0.2%
    Peru 30 Year FHA Refi 2025-07-03 -0.1%
    Peru 30 Year USDA 2025-07-03 0%
    Peru 30 Year USDA Refi 2025-07-03 0%
    Peru 30 Year VA 2025-07-03 0%
    Peru 30 Year VA Refi 2025-07-03 0.1%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Peru, IN.

    Peru Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Peru, IN market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    RUOFF MORTGAGE COMPANY, INC. 40 6.77% $2,591
    BEACON CREDIT UNION 22 6.91% $2,161
    First Farmers Bank and Trust Company 21 6.95% $2,542
    QUICKEN LOANS, LLC 14 6.74% $5,647
    American Mortgage & Equity Consultants, Inc. 8 7.45% $3,226
    GVC MORTGAGE, INC. 7 7.26% $3,621
    PNC Bank 6 6.81% $3,074
    STOCKTON MORTGAGE CORPORATION 5 6.53% $4,272
    Solidarity Community Federal Credit Union 5 6.63% $2,656
    Community First Bank of Indiana 4 7.47% $2,691
    First Federal Savings Bank 4 6.94% $3,605
    DIRECT MORTGAGE LOANS, LLC 4 6.25% $4,050
    Security Federal Savings Bank 4 6.72% $2,199
    Flagstar Bank, FSB 4 6.59% $3,205
    MOVEMENT MORTGAGE, LLC 4 6.89% $4,810
    KeyBank 3 6.63% $2,960
    First Merchants Bank 3 7.08% $2,956
    Ixonia Bank 3 6.83% $3,444
    Horizon Bank 2 6.81% $2,384
    Northwest Bank 2 5.63% $2,145
    The Huntington National Bank 2 7.13% $2,223
    PLAZA HOME MORTGAGE, INC. 2 7.13% $4,247
    Wells Fargo Bank 1 8.13% $5,565
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.50% $3,617
    CALCON MUTUAL MORTGAGE LLC 1 7.38% $5,881
    GEORGIA UNITED 1 6.38% $3,848
    GUARANTEED RATE, INC. 1 6.38% $2,837
    GUILD MORTGAGE COMPANY 1 6.25% $2,406
    HALLMARK HOME MORTGAGE, LLC 1 7.38% $2,779
    INOVA FEDERAL CREDIT UNION 1 6.63% $1,924
    JPMorgan Chase Bank 1 6.88% $1,688
    Lake City Bank 1 6.00% $2,169
    LOANDEPOT.COM, LLC 1 6.63% $6,331
    MJW Financial LLC 1 7.49% $4,497
    Mortgage Research Center, LLC 1 6.99% $475
    NAVY FEDERAL CREDIT UNION 1 7.50% $3,463
    NEWREZ LLC 1 6.50% $3,704
    PARTNERS 1ST Federal Credit Union 1 5.63% $2,793
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.88% $8,598
    STAR Financial Bank 1 6.63% $3,648
    UNION HOME MORTGAGE CORP. 1 7.50% $3,167
    U.S. Bank 1 6.50% $1,751

    Peru Average Closing Costs & Other Stats

    Peru, IN's 42 lenders originated 669 loans during 2024. The total origination value was $79,995,000, with an average loan value of $119,574.

    Peru's average closing costs are $3,632.

    The top Peru lender as defined by loan originations is RUOFF MORTGAGE COMPANY, INC., with 40 loans originated. Their average total fees are $2,591, which is $430 higher than the next largest lender, BEACON CREDIT UNION.

    The lowest fee Peru lenders (with over 10 loans originated) are BEACON CREDIT UNION ($2,161), First Farmers Bank and Trust Company ($2,542), RUOFF MORTGAGE COMPANY, INC. ($2,591), QUICKEN LOANS, LLC ($5,647) and .

    The lowest rate Peru lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.74%), RUOFF MORTGAGE COMPANY, INC. (6.77%), BEACON CREDIT UNION (6.91%), First Farmers Bank and Trust Company (6.95%) and .

    Peru, IN Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    First Farmers Bank and Trust Company $5,670,000 $8,935,000 57.6% 11.2%
    RUOFF MORTGAGE COMPANY, INC. $5,800,000 $8,000,000 37.9% 10.0%
    BEACON CREDIT UNION $4,575,000 $7,120,000 55.6% 8.9%
    QUICKEN LOANS, LLC $2,460,000 $5,665,000 130.3% 7.1%
    Mortgage Research Center, LLC $1,895,000 $3,785,000 99.7% 4.7%
    PNC Bank $1,080,000 $3,005,000 178.2% 3.8%
    Crossroads Bank $1,485,000 $2,345,000 57.9% 2.9%
    GVC MORTGAGE, INC. $795,000 $2,260,000 184.3% 2.8%
    MOVEMENT MORTGAGE, LLC $1,580,000 $1,995,000 26.3% 2.5%
    UNITED WHOLESALE MORTGAGE, LLC $815,000 $1,790,000 119.6% 2.2%
    Community First Bank of Indiana $635,000 $1,785,000 181.1% 2.2%
    STOCKTON MORTGAGE CORPORATION $3,445,000 $1,665,000 -51.7% 2.1%
    First Merchants Bank $1,705,000 $1,545,000 -9.4% 1.9%
    American Mortgage & Equity Consultants, Inc. $765,000 $1,440,000 88.2% 1.8%
    PLAZA HOME MORTGAGE, INC. $2,495,000 $1,415,000 -43.3% 1.8%
    Alliance Bank $1,365,000 n/a 1.7%
    Flagstar Bank, FSB $445,000 $1,320,000 196.6% 1.7%
    Solidarity Community Federal Credit Union $940,000 $1,120,000 19.1% 1.4%
    DIRECT MORTGAGE LOANS, LLC $505,000 $1,115,000 120.8% 1.4%
    MJW Financial LLC $920,000 n/a 1.2%
    Ixonia Bank $625,000 $800,000 28.0% 1.0%
    FREEDOM MORTGAGE CORPORATION $455,000 $770,000 69.2% 1.0%
    The Farmers Bank, Frankfort, Indiana $735,000 n/a 0.9%
    First Bank of Berne $1,010,000 $680,000 -32.7% 0.9%
    Security Federal Savings Bank $515,000 $670,000 30.1% 0.8%
    LOANDEPOT.COM, LLC $640,000 n/a 0.8%
    TRIAD FINANCIAL SERVICES, INC. $200,000 $640,000 220.0% 0.8%
    Lake City Bank $140,000 $635,000 353.6% 0.8%
    FINANCIAL BUILDERS Federal Credit Union $115,000 $620,000 439.1% 0.8%
    NEWREZ LLC $290,000 $605,000 108.6% 0.8%
    First Federal Savings Bank $65,000 $580,000 792.3% 0.7%
    PENNYMAC LOAN SERVICES, LLC $850,000 $540,000 -36.5% 0.7%
    VILLAGE CAPITAL MORTGAGE $255,000 $535,000 109.8% 0.7%
    NAVY FEDERAL CREDIT UNION $260,000 $530,000 103.8% 0.7%
    HALLMARK HOME MORTGAGE, LLC $680,000 $525,000 -22.8% 0.7%
    NEW DAY FINANCIAL, LLC $480,000 n/a 0.6%
    STAR Financial Bank $480,000 n/a 0.6%
    SUN WEST MORTGAGE COMPANY, INC. $480,000 n/a 0.6%
    Horizon Bank $35,000 $460,000 1,214.3% 0.6%
    UNION HOME MORTGAGE CORP. $455,000 $460,000 1.1% 0.6%
    CALCON MUTUAL MORTGAGE LLC $440,000 n/a 0.6%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $160,000 $410,000 156.3% 0.5%
    KeyBank $410,000 n/a 0.5%
    NORTHERN MORTGAGE SERVICES, LLC $365,000 n/a 0.5%
    PARTNERS 1ST Federal Credit Union $360,000 n/a 0.5%
    GUARANTEED RATE, INC. $155,000 $350,000 125.8% 0.4%
    PLANET HOME LENDING, LLC $175,000 $320,000 82.9% 0.4%
    The Huntington National Bank $595,000 $290,000 -51.3% 0.4%
    U.S. Bank $280,000 n/a 0.4%
    CROSSCOUNTRY MORTGAGE, LLC $255,000 n/a 0.3%
    Farm Credit Mid-America, ACA $470,000 $235,000 -50.0% 0.3%
    Wolfe Financial, Inc $355,000 $230,000 -35.2% 0.3%
    The Federal Savings Bank $225,000 n/a 0.3%
    Heritage Federal Credit Union $215,000 n/a 0.3%
    INOVA FEDERAL CREDIT UNION $215,000 n/a 0.3%
    GEORGIA UNITED $205,000 n/a 0.3%
    BROKER SOLUTIONS, INC. $325,000 $190,000 -41.5% 0.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $185,000 n/a 0.2%
    Northwest Bank $55,000 $180,000 227.3% 0.2%
    TOP FLITE FINANCIAL, INC. $145,000 $180,000 24.1% 0.2%
    Stride Bank $175,000 n/a 0.2%
    AmeriHome Mortgage Company, LLC $165,000 n/a 0.2%
    BAYSHORE MORTGAGE FUNDING, LLC $165,000 n/a 0.2%
    GENEVA FINANCIAL, LLC $130,000 $165,000 26.9% 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $145,000 $155,000 6.9% 0.2%
    TEACHERS CREDIT UNION $480,000 $155,000 -67.7% 0.2%
    AMERICAN FINANCING CORPORATION $145,000 n/a 0.2%
    JPMorgan Chase Bank $320,000 $145,000 -54.7% 0.2%
    Prosperity Home Mortgage, LLC $145,000 n/a 0.2%
    Home Bank SB $135,000 n/a 0.2%
    LENDINGHOME FUNDING CORPORATION $125,000 n/a 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $265,000 $125,000 -52.8% 0.2%
    Flanagan State Bank $115,000 n/a 0.1%
    Magnolia Bank $115,000 n/a 0.1%
    Fifth Third Bank $110,000 n/a 0.1%
    Mr. Cooper ( Nationstar Mortgage ) $440,000 $105,000 -76.1% 0.1%
    Wells Fargo Bank $105,000 n/a 0.1%
    Centier Bank $95,000 n/a 0.1%
    ROYAL UNITED MORTGAGE LLC $195,000 $85,000 -56.4% 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $75,000 n/a 0.1%
    Figure Lending LLC $65,000 n/a 0.1%
    FINANCE OF AMERICA REVERSE LLC $65,000 n/a 0.1%
    FIRST OHIO HOME FINANCE, INC. $45,000 $65,000 44.4% 0.1%
    GUILD MORTGAGE COMPANY $65,000 n/a 0.1%
    LOANPAL, LLC $145,000 $65,000 -55.2% 0.1%
    ProFed Federal Credit Union $65,000 n/a 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $55,000 n/a 0.1%
    Old National Bank $55,000 n/a 0.1%
    1st Source Bank $145,000 $50,000 -65.5% 0.1%
    Carrington Mortgage Services, LLC $45,000 n/a 0.1%
    Connexus Credit Union $45,000 n/a 0.1%
    Discover Bank $55,000 $45,000 -18.2% 0.1%
    Bank of America $35,000 n/a 0.0%
    AMERISAVE MORTGAGE CORPORATION $165,000 $25,000 -84.8% 0.0%

    Peru's top lender by overall market share is First Farmers Bank and Trust Company, with 11.2% market share. In second place, with 10.0%, is RUOFF MORTGAGE COMPANY, INC., having originated $8,000,000 in loans. In third place, with 8.9%, is BEACON CREDIT UNION, having originated $7,120,000 in loans. In fourth place, with 7.1%, is QUICKEN LOANS, LLC, having originated $5,665,000 in loans. In fifth place, with 4.7%, is Mortgage Research Center, LLC, having originated $3,785,000 in loans.

    Peru Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Peru (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $69,900 (-0.8%) $97,000 (19.7%) 0.00 102
    2018-02-01 $69,900 (7.7%) $99,266 (29.6%) 0.00 94
    2018-03-01 $79,900 (12.6%) $110,841 (30.1%) 0.00 90
    2018-04-01 $85,075 (16.9%) $113,468 (29.6%) 0.00 93
    2018-05-01 $83,558 (21.6%) $135,062 (49.4%) 0.00 87
    2018-06-01 $81,000 (8.9%) $151,068 (59.2%) 0.00 86
    2018-07-01 $80,800 (7.9%) $145,180 (54.0%) 0.00 102
    2018-08-01 $87,475 (10.4%) $140,764 (33.0%) 0.00 110
    2018-09-01 $76,900 (2.5%) $134,837 (19.7%) 0.00 107
    2018-10-01 $85,650 (14.3%) $138,300 (24.6%) 0.00 108
    2018-11-01 $82,400 (15.8%) $138,313 (27.6%) 0.00 107
    2018-12-01 $82,400 (17.9%) $134,955 (43.7%) 0.00 101
    2019-01-01 $83,075 (18.9%) $133,295 (37.4%) 0.00 95
    2019-02-01 $84,700 (21.2%) $130,780 (31.8%) 0.00 100
    2019-03-01 $81,600 (2.1%) $146,253 (32.0%) 0.00 84
    2019-04-01 $77,750 (-8.6%) $133,453 (17.6%) 0.00 70
    2019-05-01 $74,075 (-11.4%) $105,528 (-21.9%) 0.00 66
    2019-06-01 $84,900 (4.8%) $111,522 (-26.2%) 0.00 71
    2019-07-01 $87,700 (8.5%) $108,166 (-25.5%) 0.00 70
    2019-08-01 $88,491 (1.2%) $108,635 (-22.8%) 0.00 76
    2019-09-01 $88,327 (14.9%) $111,117 (-17.6%) 0.00 81
    2019-10-01 $88,493 (3.3%) $111,853 (-19.1%) 0.00 85
    2019-11-01 $79,000 (-4.1%) $108,303 (-21.7%) 0.00 85
    2019-12-01 $79,450 (-3.6%) $109,689 (-18.7%) 0.00 77
    2020-01-01 $86,950 (4.7%) $112,538 (-15.6%) 0.00 80
    2020-02-01 $89,900 (6.1%) $109,767 (-16.1%) 0.00 74
    2020-03-01 $89,900 (10.2%) $109,046 (-25.4%) 0.00 64
    2020-04-01 $88,425 (13.7%) $105,015 (-21.3%) 0.00 53
    2020-05-01 $89,450 (20.8%) $134,796 (27.7%) 0.00 49
    2020-06-01 $76,200 (-10.3%) $119,275 (7.0%) 0.00 39
    2020-07-01 $74,900 (-14.6%) $113,198 (4.7%) 0.00 39
    2020-08-01 $87,200 (-1.5%) $117,308 (8.0%) 0.00 39
    2020-09-01 $96,975 (9.8%) $122,553 (10.3%) 0.00 41
    2020-10-01 $99,900 (12.9%) $138,336 (23.7%) 0.00 48
    2020-11-01 $112,900 (42.9%) $139,693 (29.0%) 0.00 44
    2020-12-01 $111,400 (40.2%) $151,500 (38.1%) 0.00 43
    2021-01-01 $112,900 (29.8%) $145,977 (29.7%) 0.00 38
    2021-02-01 $134,900 (50.1%) $171,092 (55.9%) 0.00 33
    2021-03-01 $131,150 (45.9%) $174,998 (60.5%) 0.00 28
    2021-04-01 $122,400 (38.4%) $184,968 (76.1%) 0.00 24
    2021-05-01 $122,400 (36.8%) $203,345 (50.9%) 0.00 19
    2021-06-01 $124,900 (63.9%) $198,785 (66.7%) 0.00 20
    2021-07-01 $108,950 (45.5%) $156,922 (38.6%) 0.00 36
    2021-08-01 $112,450 (29.0%) $154,742 (31.9%) 0.00 34
    2021-09-01 $112,400 (15.9%) $146,002 (19.1%) 0.00 36
    2021-10-01 $129,000 (29.1%) $172,430 (24.7%) 0.00 44
    2021-11-01 $111,900 (-0.9%) $164,738 (17.9%) 0.00 47
    2021-12-01 $114,675 (2.9%) $167,311 (10.4%) 0.00 45
    2022-01-01 $99,500 (-11.9%) $153,232 (5.0%) 0.00 42
    2022-02-01 $124,950 (-7.4%) $172,815 (1.0%) 0.00 43
    2022-03-01 $127,675 (-2.7%) $181,802 (3.9%) 0.00 31
    2022-04-01 $118,950 (-2.8%) $167,802 (-9.3%) 0.00 34
    2022-05-01 $130,725 (6.8%) $184,548 (-9.2%) 0.00 39
    2022-06-01 $135,050 (8.1%) $186,488 (-6.2%) 0.00 38
    2022-07-01 $143,450 (31.7%) $183,570 (17.0%) 0.00 55
    2022-08-01 $140,075 (24.6%) $161,942 (4.7%) 0.00 55
    2022-09-01 $129,350 (15.1%) $150,809 (3.3%) 0.00 60
    2022-10-01 $119,900 (-7.1%) $139,238 (-19.3%) 0.00 60
    2022-11-01 $122,925 (9.9%) $133,729 (-18.8%) 0.00 50
    2022-12-01 $119,900 (4.6%) $137,485 (-17.8%) 0.00 51
    2023-01-01 $121,150 (21.8%) $146,218 (-4.6%) 0.00 46
    2023-02-01 $118,175 (-5.4%) $148,079 (-14.3%) 0.00 36
    2023-03-01 $126,250 (-1.1%) $154,502 (-15.0%) 0.00 31
    2023-04-01 $135,900 (14.3%) $179,527 (7.0%) 0.00 27
    2023-05-01 $178,200 (36.3%) $198,530 (7.6%) 0.00 28
    2023-06-01 $183,675 (36.0%) $206,321 (10.6%) 0.00 29
    2023-07-01 $164,900 (15.0%) $205,908 (12.2%) 0.00 35
    2023-08-01 $141,150 (0.8%) $188,145 (16.2%) 0.00 38
    2023-09-01 $149,000 (15.2%) $180,835 (19.9%) 0.00 40
    2023-10-01 $144,450 (20.5%) $177,918 (27.8%) 0.00 49
    2023-11-01 $137,600 (11.9%) $166,105 (24.2%) 0.00 52
    2023-12-01 $129,900 (8.3%) $166,227 (20.9%) 0.00 48
    2024-01-01 $138,675 (14.5%) $165,774 (13.4%) 0.00 43
    2024-02-01 $135,950 (15.0%) $163,532 (10.4%) 0.00 41
    2024-03-01 $144,900 (14.8%) $174,307 (12.8%) 0.00 38
    2024-04-01 $136,200 (0.2%) $161,666 (-10.0%) 0.00 31
    2024-05-01 $144,900 (-18.7%) $170,600 (-14.1%) 0.00 29
    2024-06-01 $157,000 (-14.5%) $182,515 (-11.5%) 0.00 30
    2024-07-01 $177,200 (7.5%) $190,417 (-7.5%) 0.00 37
    2024-08-01 $175,000 (24.0%) $230,183 (22.3%) 0.00 38
    2024-09-01 $179,925 (20.8%) $231,291 (27.9%) 0.00 44
    2024-10-01 $174,650 (20.9%) $220,637 (24.0%) 0.00 60
    2024-11-01 $164,900 (19.8%) $218,090 (31.3%) 0.00 57
    2024-12-01 $174,450 (34.3%) $226,135 (36.0%) 0.00 53
    2025-01-01 $188,675 (36.1%) $263,277 (58.8%) 0.00 54
    2025-02-01 $182,475 (34.2%) $269,497 (64.8%) 0.00 51
    2025-03-01 $169,900 (17.3%) $258,474 (48.3%) 0.00 48
    2025-04-01 $164,950 (21.1%) $267,644 (65.6%) 0.00 56
    2025-05-01 $182,900 (26.2%) $288,877 (69.3%) 0.00 49
    Peru's median listing price for 2025-05-01 was $182,900, a difference of $38,000 (26.2%) versus the prior year and $17,950 versus the prior month.

    Peru's median listing price comes in at 0% of the national average.

    Peru's average listing price for 2025-05-01 was $288,877, a difference of $118,277 (69.3%) versus the prior year and $21,233 versus the prior month.

    For the 2025-05-01 period, Peru had 49 MLS listings, a difference of -7 listings (-13%) versus the prior month and 20 listings (69%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Peru (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,565 sqft
    2018-02-01 0 days 1,579 sqft
    2018-03-01 0 days 1,620 sqft
    2018-04-01 0 days 1,665 sqft
    2018-05-01 0 days 1,612 sqft
    2018-06-01 0 days 1,654 sqft
    2018-07-01 0 days 1,628 sqft
    2018-08-01 0 days 1,632 sqft
    2018-09-01 0 days 1,608 sqft
    2018-10-01 0 days 1,742 sqft
    2018-11-01 0 days 1,723 sqft
    2018-12-01 0 days 1,672 sqft
    2019-01-01 0 days 1,672 sqft
    2019-02-01 0 days 1,630 sqft
    2019-03-01 0 days 1,583 sqft
    2019-04-01 0 days 1,482 sqft
    2019-05-01 0 days 1,479 sqft
    2019-06-01 0 days 1,495 sqft
    2019-07-01 0 days 1,470 sqft
    2019-08-01 0 days 1,488 sqft
    2019-09-01 0 days 1,508 sqft
    2019-10-01 0 days 1,522 sqft
    2019-11-01 0 days 1,533 sqft
    2019-12-01 0 days 1,530 sqft
    2020-01-01 0 days 1,568 sqft
    2020-02-01 0 days 1,549 sqft
    2020-03-01 0 days 1,476 sqft
    2020-04-01 0 days 1,487 sqft
    2020-05-01 0 days 1,490 sqft
    2020-06-01 0 days 1,504 sqft
    2020-07-01 0 days 1,478 sqft
    2020-08-01 0 days 1,520 sqft
    2020-09-01 0 days 1,480 sqft
    2020-10-01 0 days 1,638 sqft
    2020-11-01 0 days 1,748 sqft
    2020-12-01 0 days 1,714 sqft
    2021-01-01 0 days 1,660 sqft
    2021-02-01 0 days 1,773 sqft
    2021-03-01 0 days 1,770 sqft
    2021-04-01 0 days 1,694 sqft
    2021-05-01 0 days 1,756 sqft
    2021-06-01 0 days 1,747 sqft
    2021-07-01 0 days 1,628 sqft
    2021-08-01 0 days 1,675 sqft
    2021-09-01 0 days 1,678 sqft
    2021-10-01 0 days 1,756 sqft
    2021-11-01 0 days 1,597 sqft
    2021-12-01 0 days 1,496 sqft
    2022-01-01 0 days 1,432 sqft
    2022-02-01 0 days 1,502 sqft
    2022-03-01 0 days 1,502 sqft
    2022-04-01 0 days 1,500 sqft
    2022-05-01 0 days 1,478 sqft
    2022-06-01 0 days 1,608 sqft
    2022-07-01 0 days 1,796 sqft
    2022-08-01 0 days 1,717 sqft
    2022-09-01 0 days 1,726 sqft
    2022-10-01 0 days 1,664 sqft
    2022-11-01 0 days 1,672 sqft
    2022-12-01 0 days 1,708 sqft
    2023-01-01 0 days 1,717 sqft
    2023-02-01 0 days 1,709 sqft
    2023-03-01 0 days 1,702 sqft
    2023-04-01 0 days 1,493 sqft
    2023-05-01 0 days 1,727 sqft
    2023-06-01 0 days 1,850 sqft
    2023-07-01 0 days 1,806 sqft
    2023-08-01 0 days 1,645 sqft
    2023-09-01 0 days 1,684 sqft
    2023-10-01 0 days 1,606 sqft
    2023-11-01 0 days 1,570 sqft
    2023-12-01 0 days 1,546 sqft
    2024-01-01 0 days 1,574 sqft
    2024-02-01 0 days 1,514 sqft
    2024-03-01 0 days 1,472 sqft
    2024-04-01 0 days 1,454 sqft
    2024-05-01 0 days 1,522 sqft
    2024-06-01 0 days 1,618 sqft
    2024-07-01 0 days 1,671 sqft
    2024-08-01 0 days 1,703 sqft
    2024-09-01 0 days 1,735 sqft
    2024-10-01 0 days 1,752 sqft
    2024-11-01 0 days 1,764 sqft
    2024-12-01 0 days 1,786 sqft
    2025-01-01 0 days 1,813 sqft
    2025-02-01 0 days 1,727 sqft
    2025-03-01 0 days 1,554 sqft
    2025-04-01 0 days 1,704 sqft
    2025-05-01 0 days 1,830 sqft
    Peru's median listing age (time on market) for 2025-05-01 was 0 days.

    Peru's median square footage for active listings during the 2025-05-01 period was 1,830 sqft. One year prior, the average listing was 1,522 sqft.

    Peru, IN Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 358 $51,300,000 $143,296
    Cash Out Refi 134 $14,340,000 $107,015
    Other 65 $3,655,000 $56,231
    Refi 58 $7,630,000 $131,552
    Home Improvement 54 $3,070,000 $56,852

    Peru's most frequently cited loan purpose was Home Purchase, with 358 originations. The 2nd most popular reason was Cash Out Refi, with 134 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 233 $34,815,000 $149,421
    7-8% 196 $22,340,000 $113,980
    Over 8% 150 $9,130,000 $60,867
    5-6% 47 $8,215,000 $174,787
    <2.5% 6 $40,000 $6,667
    4-5% 1 $105,000 $105,000

    During 2024, Peru's most frequently originated rate bucket was 6-7%, with 233 originations.

    Loan Sizing (Peru, IN MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 319 $16,485,000 $51,677
    $100k-200k 254 $35,390,000 $139,331
    $200k-400k 88 $22,770,000 $258,750
    $400k-600k 5 $2,375,000 $475,000
    $600k-1000k 2 $1,610,000 $805,000
    $Over $1MM 1 $1,365,000 $1,365,000

    Peru's loan sizing saw the bucket of loans from $100,000 or less with 319 originations, totaling $16,485,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 246 $38,360,000 $155,935
    60-80% 119 $17,315,000 $145,504
    20-40% 97 $6,125,000 $63,144
    Under 20% 73 $2,595,000 $35,548
    40-60% 53 $5,935,000 $111,981
    Over 100% 11 $2,195,000 $199,545

    Peru's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 246 originations, totaling $38,360,000 in origination value.