Housing · Petersburg

Petersburg, MI housing market

The typical Petersburg home is worth about $322,000, up 7% in a year, 21% above the Michigan typical home.

Home values, sales, trends and how Petersburg compares with the towns next door — updated as new data is published.

The market right now

Petersburg at a glance

Typical home value
$322K
▲ 7% in a year · Zillow
Median sale price
$167K
April 2026 · Redfin
Homes sold
2
in April · 1 for sale

Only 2 sales in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

PetersburgMichigan
$100K$150K$200K$250K$300K$350K 20182020202220242026 Petersburg $322K Michigan $266K
Show as a table
JanuaryPetersburgMichigan
2017$184,000$144,000
2018$193,000$155,000
2019$205,000$165,000
2020$215,000$175,000
2021$236,000$194,000
2022$257,000$217,000
2023$271,000$230,000
2024$283,000$241,000
2025$294,000$253,000
2026$311,000$262,000
August 2026$322,000$266,000
Affordability

3.9 years of income

The typical Petersburg home costs about 3.9 years of the town's median household income, about the same as across Michigan (3.7).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
80.9%
Michigan: 73.2%
Median tax bill
$2,576
Michigan: $2,904
Median rent
$1,012
Michigan: $1,129
Typical home built
1955
Michigan: 1972

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Petersburg

Michigan · MI
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01