17 homes sold in Lake Petersburg in the last year, at a typical $360K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Lake Petersburg homes are listed.
Every place Lake Petersburg homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lake Petersburg.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Lake Petersburg’s sales, at a typical $392K (year to May 2026)
17 homes sold in the year to September 2026.
typical sale · 16 sold in the year to May 2026
- Per square foot
- $141IL $180
- Days to sell
- 41
- Sold over asking
- 19%
- Listings with a price cut
- 67%
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $350K buys in Lake Petersburg
Check a listing against what Lake Petersburg homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Owning the typical Lake Petersburg home costs about $2,373 a month
Price: Lake Petersburg’s typical sale, last 12 months. Property tax at Lake Petersburg’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lake Petersburg is affordable on local pay is on Cost of living.
Four things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $360K home, about $5,930 a year.
Taxes vs. neighborsTypical commute
The average one-way trip to work for people who live in Lake Petersburg.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Post your home to Lake Petersburg, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lake Petersburg. People who follow the town see it, and so do people comparing Lake Petersburg with their own town. No commission, no listing fee.
Questions about buying a home in Lake Petersburg
What do homes sell for in Lake Petersburg, IL?
17 homes sold in the year to September 2026 at a typical $360K, $133 a square foot.
Is Lake Petersburg a buyer’s or seller’s market?
A seller’s market: 3 homes were for sale in September 2026 and 1 sold, about 1.8 months of supply. Buyers paid 96.1% of asking on average.
How much are property taxes in Lake Petersburg?
About 1.7% of a home’s value a year. On a $360K home that’s near $5,930.
Where can I see homes for sale in Lake Petersburg?
Zillow, Redfin, Realtor.com and Homes.com all carry Lake Petersburg’s MLS listings; the search links above open each one filtered to Lake Petersburg.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).