The housing situation in Petersburg, IL (62675) is quite different from the overall US median value. The median value of homes in this area is $163,600, significantly lower than the US median of $338,100. This lower value is also evident in the one-year appreciation of homes in Petersburg; at 6.36%, it is nearly two percentage points lower than the national average of 8.27%. Despite these lower numbers, houses in this area are still increasing in value and may be desirable to those looking for more affordable options.
The median home cost in Petersburg (zip 62675) is $163,600. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Petersburg (zip 62675) is up 11.6%.
Average Age of Homes
- The median age of Petersburg (zip 62675) real estate is 45 years old
The Rental Market in Petersburg (zip 62675)
- Renters make up 19.5% of the Petersburg (zip 62675) population
- 0.2% of houses and apartments in Petersburg (zip 62675), 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.