Lake Petersburg, IL is a great place to live in terms of housing values. The median value of homes in Lake Petersburg is $292,300, which is lower than the US median value of $338,100. Surprisingly, the one-year house appreciation in Lake Petersburg was 6.36%, just below the national average of 8.27%. This suggests that housing in Lake Petersburg could be a good investment for potential homeowners and buyers looking for an affordable option.
The median home cost in Lake Petersburg is $292,300. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Lake Petersburg is up 11.6%.
Average Age of Homes
- The median age of Lake Petersburg real estate is 43 years old
The Rental Market in Lake Petersburg
- Renters make up 1.9% of the Lake Petersburg population
- 0.0% of houses and apartments in Lake Petersburg, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.