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Median Home Price in Peru, IL

The median home value in Peru, IL is $183,593 as of 2026-07-31, up 6.06% from a year earlier.

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Median Home Value

$183,593

Year-over-Year

+6.06%

Population

9,734

Peru ranks #218 of 279 Illinois cities tracked here by median home value, and sits 42.5% below the state's city median of $319,026. It sits in La Salle County, where the county-wide median is $197,897.

Housing affordability in Peru

Median household income in Peru is $74,808, so the typical home value is about 2.5× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Peru

Peru police recorded a violent crime rate of 226 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,664 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Peru

What is the average home price in Peru, IL?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Peru, that value is $183,593. That's up 6.06% from a year earlier. It is about 42.5% below the typical Illinois city tracked here.

Is Peru expensive compared to the surrounding area?

Homes in Peru are cheaper than La Salle County as a whole, where the median is $197,897 — a difference of about 7.2%.

Is Peru affordable?

Median household income here is $74,808, so the typical home value is about 2.5× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Peru a safe place to live?

Peru police reported 226 violent crimes per 100,000 residents, covering a population of about 9,734. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in IL

Chillicothe · Hazel Crest · Rockford · East Peoria · Marion · Mendota · Dixon · Chicago Heights