Housing in Lake Petersburg, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$415,000
Median List Price
N/A
Price Per Sq Ft
$131
Days on Market
8
Active Inventory
1
Months of Supply
0.3
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
33.3%
Off Market in 2 Weeks
50.0%
Sale-to-List Ratio
98.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
3
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$131
Lake Petersburg vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lake Petersburg is highlighted.
Median Home Value
Median Price Per Sq Ft
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$336,200
Median Rent
N/A
Total Housing Units
388
Vacancy Rate
10.8%
Owner Occupied
100.0%
Renter Occupied
0.0%
Median Property Tax
$5,591
per year
Monthly Cost (w/ Mortgage)
$1,336
Housing Types
The current median sale price in Lake Petersburg, IL is $415,000 according to Redfin data. Homes spend a median of 8 days on the market. 33.3% of homes sold above asking price. The market has 0.3 months of supply. The median price per square foot is $131. About 100.0% of housing units are owner-occupied. The median year homes were built is 1974. There are 388 total housing units.