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PETERSBURG, IL 62675

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

Market Analysis

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

The PETERSBURG, IL real estate market (62675) currently shows 17 active listings, with 3 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 45 days on market compared to 48 days last year.

The median listing price has risen 30.5% year-over-year, from $225,000 to $293,725.

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 Context

Market Context

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

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

Market Overview

Active Listings
17
⇧ 21.4% vs 14 last year
Pending
3
18% pending ratio
Median Price
$293,725
⇧ 30.5% vs $225,000 last year
Average Price
$277,805
⇩ 37.1% vs $441,583 last year
Days on Market
45
⇩ 6.3% vs 48 days last year

Price Per Square Foot

Median $/sqft
$130
⇧ 22.6% vs $106/sqft last year
Median Home Size
2,263 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 17 this year vs 14 last year
  • Days on market: 45 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $293,725 (+30.5% YoY)
  • Average: $277,805 (-37.1% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.7 miles — 75 listings ($15,582,510 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62675Petersburg, IL 626750.0 mi13$3,531,385$304,950$271,645
62642Greenview, IL 626429.2 mi3$427,200$142,400$142,400
62625Cantrall, IL 6262511.7 mi3$2,220,000$740,000$740,000
62612Ashland, IL 6261213.9 mi4$355,000$84,900$88,750
62627Chandlerville, IL 6262714.3 mi1$341,000$341,000$341,000
62707Springfield, IL 6270716.0 mi12$3,424,980$232,250$285,415
62666Middletown, IL 6266617.4 mi1$319,900$319,900$319,900
62693Williamsville, IL 6269318.6 mi4$835,760$239,900$208,940
62671New Holland, IL 6267119.0 mi1$69,900$69,900$69,900
62670New Berlin, IL 6267019.2 mi3$450,975$150,325$150,325
62691Virginia, IL 6269119.6 mi5$667,965$154,900$133,593
62644Havana, IL 6264421.1 mi20$1,776,000$81,150$88,800
62561Riverton, IL 6256121.7 mi5$1,162,445$230,000$232,489

Frequently Asked Questions

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

As of March 2026, there are 17 active listings in PETERSBURG, IL (zip code 62675), compared to 14 the prior year.

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

The median listing price in PETERSBURG, IL 62675 is $293,725 as of March 2026, a 30.5% increase from $225,000 the prior year.

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

Homes in PETERSBURG, IL 62675 spend an average of 45 days on the market before going under contract, compared to 48 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 March 2026, PETERSBURG, IL 62675 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 45 days on market compared to 48 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 $5,875 compared to a typical 5% commission on the median listing price of $293,725. 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.