House Prices

House Prices & Home Values Peru, IA 2026


Average Data

average house price$408,380
average size per house1296 ft²
average price per ft²316 $ / ft²

04/21/2026 - The value range (VR) for house prices in Peru, IA is $349/ sqft to $349/ sqft. An average home with 1296 sqft costs approximately $452,304 to $452,304. Peru, IA includes 1 ZIP codes and it is located in Madison county. The lowest prices are found in ZIP 50222, while the highest are in ZIP 50222. The average price per sqare feet is $316. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Peru

50222339 $ / ft²




Historical development of home values in Peru

Year Estimated value (USD) Change vs. 2025
2010 $189,659 -53.6%
2011 $182,325 -55.4%
2012 $181,834 -55.5%
2013 $188,631 -53.8%
2014 $198,010 -51.5%
2015 $208,173 -49.0%
2016 $219,037 -46.4%
2017 $230,859 -43.5%
2018 $243,622 -40.3%
2019 $254,918 -37.6%
2020 $268,096 -34.4%
2021 $304,931 -25.3%
2022 $355,481 -13.0%
2023 $374,871 -8.2%
2024 $396,558 -2.9%
2025 $408,380 0.0%

Graph: estimated home values in Peru over time (USD)



Example: 100% financing house in Peru

Loan amount: $408,380

Interest rate: 6.00%

Fixed monthly payment: $2,448.44

Breakdown in the 1st month:
Interest portion: $2,041.90  –  Principal portion: $406.54

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $24,366.38 $5,014.95 $403,365.05
2 $24,057.07 $5,324.27 $398,040.78
3 $23,728.68 $5,652.65 $392,388.13
4 $23,380.04 $6,001.30 $386,386.83
5 $23,009.89 $6,371.44 $380,015.38
6 $22,616.91 $6,764.42 $373,250.96
7 $22,199.70 $7,181.64 $366,069.32
8 $21,756.75 $7,624.58 $358,444.74
9 $21,286.48 $8,094.85 $350,349.89
10 $20,787.21 $8,594.12 $341,755.76
11 $20,257.14 $9,124.19 $332,631.57
12 $19,694.38 $9,686.95 $322,944.62
13 $19,096.91 $10,284.42 $312,660.20
14 $18,462.59 $10,918.74 $301,741.46
15 $17,789.15 $11,592.19 $290,149.27
16 $17,074.17 $12,307.17 $277,842.10
17 $16,315.09 $13,066.25 $264,775.86
18 $15,509.19 $13,872.14 $250,903.71
19 $14,653.59 $14,727.75 $236,175.97
20 $13,745.21 $15,636.12 $220,539.85
21 $12,780.81 $16,600.52 $203,939.32
22 $11,756.93 $17,624.41 $186,314.91
23 $10,669.89 $18,711.44 $167,603.47
24 $9,515.81 $19,865.52 $147,737.95
25 $8,290.55 $21,090.79 $126,647.16
26 $6,989.71 $22,391.62 $104,255.54
27 $5,608.65 $23,772.69 $80,482.86
28 $4,142.40 $25,238.93 $55,243.92
29 $2,585.72 $26,795.61 $28,448.31
30 $933.02 $28,448.31 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Peru, IA


1500 sqft3900 sqft
Ø selling price$573,541$1,220,076
Ø fast selling$521,401$1,098,069
Ø high price sale$625,680$1,342,084

In 2026, houses in Peru, IA will be offered at an average price of $316 per square foot. A 1,500 sqft home priced at $573,541 is 22.33% more expensive per square foot than a 3,900 sqft home priced at $1,220,076. Home prices in Peru, IA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $844,669. Sellers who can wait longer may achieve a higher price of up to $1,032,373.


Discover Peru, IA

Peru, IA?often called Old Peru?is a small, historic community in Madison County, Iowa.
This quiet countryside destination offers scenic rolling farmland, classic Midwestern charm, and convenient access to nearby Winterset.
Travelers searching for authentic rural experiences will find Peru, Iowa ideal for peaceful drives, photography, and seasonal farm visits.

History and Heritage

Peru, IA is famously linked to the original Delicious apple, first discovered on a local farm in the late nineteenth century before becoming the iconic Red Delicious.
Its heritage lives on in regional orchards, harvest traditions, and stories that celebrate agricultural innovation.
The community?s roots trace back to early Madison County settlers, and its name endures alongside neighboring East Peru.

Attractions and Outdoors

Visitors can tour the Covered Bridges of Madison County, explore parks and trails near Winterset, and enjoy day trips to Des Moines less than an hour away.
Birdwatching, cycling on quiet county roads, and stargazing make Peru, Iowa a rewarding stop for outdoor enthusiasts.

Visitor Tips and Community

Local businesses and Madison County events provide small-town hospitality, with cafes, shops, and museums centered around nearby Winterset?s historic square.
Whether you are planning a weekend getaway or researching relocation, Peru, IA offers a welcoming base to experience Central Iowa?s history, agriculture, and natural beauty.



FAQ – Home Values in Peru

What is the median home value in Peru in 2026?

In 2026, the typical home value in Peru is about $408,380 for an average home size of 1296 square feet. This corresponds to an average price of roughly $316 per square foot.

What is the average cost per square foot in Peru?

In 2026, homes in Peru sell for an average of around $316 per square foot, with a typical range between $349 and $349 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Peru is about 1296 square feet, with an estimated 2026 value around $408,380.



Locations close to Peru, IA

Pilot Mound, IA159 $ / ft²
Pleasantville, IA141 $ / ft²
Polk City, IA204 $ / ft²
Perry, IA180 $ / ft²
Pella, IA167 $ / ft²
Patterson, IA156 $ / ft²
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