Photo: Matt Turner · CC BY 2.040 homes sold in Petersburg in the last year, at a typical $173K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Petersburg homes are listed.
Every place 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 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 Petersburg’s sales, at a typical $156K (year to May 2026)
40 homes sold in the year to September 2026.
typical sale · 35 sold in the year to May 2026
- Per square foot
- $97IL $180
- Days to sell
- 19
- Sold over asking
- 14%
- Listings with a price cut
- 39%
About as many homes sell as usual, at 1.7 times the 2016 price
40 sales in the last year, against 56 in 2021 and a low of 20 in 2012. The typical sale went from $105K in 2016 to $173K.
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 $150K buys in Petersburg
Check a listing against what 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.
Bidding wars in Petersburg are more common than before the pandemic, but two thirds fewer homes come up for sale
We read every month of Petersburg’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 40 sales.
If you’re buying in Petersburg
- Shop in July. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (4% over asking).
- Bid near asking. Buyers paid 98.1% of the list price on average; 20% paid over.
- Move fast on good ones. 58% of homes are under contract within two weeks.
Summer brings the homes; fall brings the bidding wars
July has the most new listings (about 4 a month), but November is the most competitive: 15% of November sales close over asking. February has the least competition (4%) but only about 2 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and calmer than Illinois
| Petersburg now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 20% | 10% | 7% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 58% | 4% | 6% | 45% |
| Price paid vs. askingAverage sale price ÷ list price | 98.1% | 97.5% | 97.1% | 99% |
| Days to sellMedian days from listing to contract | 11 | 305 | 149 | 51 |
5 homes for sale on a typical day
That’s twice the 2025 low (3), 67% fewer than in 2017–19 and well under 2014’s 25.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Petersburg home costs about $1,156 a month
Price: Petersburg’s typical sale, last 12 months. Property tax at Petersburg’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Petersburg is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. November has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $173K home, about $3,030 a year.
Taxes vs. neighborsSchools
The schools grade for Petersburg, from test results, graduation and how much students grow.
Schools in PetersburgTypical commute
The average one-way trip to work for people who live in 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.
Ashland, Mason City and Grandview sell for less a square foot; Gardner Township and Sherman for far more
The busier markets within 25 miles of Petersburg, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Sherman | 53 | $353K | $150 | 24% | 24 |
| Petersburg | 40 | $173K | $100 | 20% | 11 |
| Mason City | 27 | $127K | $70 | 22% | 24 |
| Athens | 26 | $171K | $122 | 32% | 22 |
| Gardner Township | 23 | $207K | $133 | 32% | 48 |
| Grandview | 22 | $105K | $96 | 33% | 29 |
| Ashland | 20 | $145K | $88 | 28% | 18 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Petersburg, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Petersburg. People who follow the town see it, and so do people comparing Petersburg with their own town. No commission, no listing fee.
Questions about buying a home in Petersburg
What do homes sell for in Petersburg, IL?
40 homes sold in the year to September 2026 at a typical $173K, $100 a square foot.
Is Petersburg a buyer’s or seller’s market?
A balanced market: 9 homes were for sale in September 2026 and 2 sold, about 4.5 months of supply. Buyers paid 98.1% of asking on average.
When is the best time to buy in Petersburg?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Petersburg?
About 1.8% of a home’s value a year. On a $173K home that’s near $3,030.
Where can I see homes for sale in Petersburg?
Zillow, Redfin, Realtor.com and Homes.com all carry Petersburg’s MLS listings; the search links above open each one filtered to 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).