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PETERSBURG, IL 62675

Real Estate Market Report  ·  Menard County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
9
⇩ 52.6% vs 19 last year
Pending
2
22% pending ratio
Median Price
$229,000
⇧ 8% vs $212,000 last year
Average Price
$287,543
⇩ 0.7% vs $289,600 last year
Days on Market
75
⇧ 21% vs 62 days last year

Market Context

Population: 5,877  ·  Density: 19.7/mi²  ·  Median household income: $83,291

Typical home value: $191,719  ·  Homeownership: 78.5%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The PETERSBURG, IL real estate market (62675) currently shows 9 active listings, with 2 pending sales. Homes are averaging 75 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 75 days on market compared to 62 days last year.

The median listing price has risen 8% year-over-year, from $212,000 to $229,000.

Whether you are buying or selling in PETERSBURG, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 19 last year
  • Days on market: 75 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $229,000 (+8% YoY)
  • Average: $287,543 (-0.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.4 miles — 164 listings ($39,933,922 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62675Petersburg, IL 626750.0 mi9$2,587,887$229,000$287,543
62642Greenview, IL 626429.2 mi2$310,000$155,000$155,000
62625Cantrall, IL 6262511.7 mi2$438,000$219,000$219,000
62612Ashland, IL 6261213.9 mi4$384,400$84,900$96,100
62627Chandlerville, IL 6262714.3 mi1$347,000$347,000$347,000
62707Springfield, IL 6270716.0 mi11$3,392,554$225,000$308,414
62702Springfield, IL 6270217.9 mi67$10,070,971$119,950$150,313
62711Springfield, IL 6271118.9 mi35$18,367,860$421,000$524,796
62670New Berlin, IL 6267019.2 mi3$279,600$93,200$93,200
62691Virginia, IL 6269119.6 mi6$715,200$112,450$119,200
62644Havana, IL 6264421.1 mi17$1,530,850$79,900$90,050
62561Riverton, IL 6256121.7 mi6$1,439,700$240,000$239,950
62682San Jose, IL 6268222.4 mi1$69,900$69,900$69,900

Frequently Asked Questions

How many homes are for sale in PETERSBURG, IL 62675?

As of January 2026, there are 9 active listings in PETERSBURG, IL (zip code 62675), compared to 19 the prior year.

What is the median home price in PETERSBURG, IL 62675?

The median listing price in PETERSBURG, IL 62675 is $229,000 as of January 2026, a 8% increase from $212,000 the prior year.

How long do homes stay on the market in PETERSBURG, IL?

Homes in PETERSBURG, IL 62675 spend an average of 75 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in PETERSBURG, IL 62675?

Based on current inventory and days-on-market data as of January 2026, PETERSBURG, IL 62675 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 75 days on market compared to 62 days last year.

How much can I save on real estate commission in PETERSBURG, IL?

With SELL123.com's maximum 3% commission, sellers in PETERSBURG, IL 62675 save an estimated $4,580 compared to a typical 5% commission on the median listing price of $229,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.