Home Values

Town of Peru Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$143,300

  • 0.8% 1-year change
  • None 1-year forecast

The median home value in Town of Peru is $143,300. Town of Peru home values have gone up 0.8% over the past year. The median list price per square foot in Town of Peru is $113, which is higher than the Plattsburgh Metro average of $92. The median price of homes currently listed in Town of Peru is $179,500 while the median price of homes that sold is $173,500. The median rent price in Town of Peru is $1,150, which is higher than the Plattsburgh Metro median of $900.

Foreclosures will be a factor impacting home values in the next several years. In Town of Peru 5.3 homes are foreclosed (per 10,000). This is greater than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Town of Peru is 2.5%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Town of Peru homeowners underwater on their mortgage is 8.7%.

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Relative ZHVI
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Town of Peru Market Overview

Data through Jan 31, 2015
  • $143,300 ZHVI
  • No data 1-yr forecast
  • $179,500 Median listing price
  • No recent data Median sale price
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Town of Peru Market Health

Data through Jan 31, 2015
  • 7.5/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 8.7% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 2.5% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

5.3 homes(Dec 31, 2014) Town of Peru
4 homes United States
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Nearby Cities

Name Median ZHVI
Cumberland Head $172,200
Town of Plattsburgh $133,500
Beekmantown $128,600
Name Median ZHVI
Willsboro $127,700
Morrisonville $124,900
Jay $124,000
Name Median ZHVI
Schuyler Falls $120,800
Au Sable $100,400
Keeseville $75,900

Listings & Sales

Data through Jan 31, 2015
  • $113 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
45.5%
Sold below listing
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Town of Peru Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,741 Town of Peru
    $1,684 Plattsburgh Metro
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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