Housing in Petersburg, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$195,000
Median List Price
$265,000
Price Per Sq Ft
$192
Days on Market
7
Active Inventory
4
Months of Supply
4.0
Balanced market
Zillow Home Value
$295,054
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Sale-to-List Ratio
108.4%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
3
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$192
Median List $/SF
$207
Petersburg vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Petersburg is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$197,100
Median Rent
$1,019
Total Housing Units
483
Vacancy Rate
1.9%
Owner Occupied
83.5%
Renter Occupied
16.5%
Median Property Tax
$2,610
per year
Monthly Cost (w/ Mortgage)
$997
Housing Types
The current median sale price in Petersburg, MI is $195,000 according to Redfin data. Homes spend a median of 7 days on the market. 100.0% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $192. The median rent is $1,019 per month (Census ACS). About 83.5% of housing units are owner-occupied. The median year homes were built is 1952. There are 483 total housing units.