Current Price

$190,190

1 Month Forecast

â–² $212,622

1-Year Forecast *

â–² $217,112

5-Year Forecast *

â–² $228,995

"Is it a good time to buy homes in Petersburg?" "Does investing in real estate in Petersburg (Illinois State, Menard County) worth it?" According to our live Forecast System, buying a house in Petersburg is a good short-term (1-year) investment*. The Petersburg average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Petersburg" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Petersburg in Illinois State, Menard County. If you are looking for homes for sale with good flipping profit, Petersburg can be a profitable property investment option. The median price of an average house in Petersburg was 190,190 USD on 2026-03-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Petersburg" area is 228,995 USD by 2031-03-04. For a 5-year investment the profit is expected to be around +20.40% meaning that investing 100000 USD today may yield a profit of 20,404 USD by 2031.

Current Median Listing Price: 190,190 USD Median Listing Price Per Square Foot: 106 USD

Petersburg Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Petersburg (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Petersburg Price Target

Petersburg median home price target in 12 months: $217,112* (upside of 14.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $207,423 $212,484 $207,423 $212,484
2024 $183,146 $190,190 $183,146 $190,190
2023 $180,205 $183,814 $179,662 $185,179
2022 $179,407 $181,272 $179,407 $189,253
2021 $168,348 $174,997 $166,371 $174,997
2020 $160,125 $167,460 $158,145 $167,578
2019 $145,142 $160,183 $143,999 $160,183
2018 $146,347 $145,983 $144,655 $146,917
2017 $150,804 $146,525 $146,525 $150,804
2016 $149,849 $151,209 $148,662 $151,209
2015 $0 $149,891 $0 $149,891
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Petersburg Housing Market Forecast

How much does an average home cost in Petersburg today?

The value of an average home (the listing price) in Petersburg is $190,190 USD.

What is the average price per square foot in Petersburg?

According to Walletinvestor the median price per square foot in Petersburg is 106 USD.

Will the median listing price of homes in Petersburg grow / rise / go up?

Yes. The Petersburg home prices may rise from 190,190 USD to 217,112 USD in one year.

Is it profitable to invest in Petersburg homes?

Yes. The long-term profit potential is +14.16% in one year.

Will Petersburg house prices fall / drop?

No. See above.

What is the predicted price of a Petersburg home in 2030?

The predicted home sales price of a Petersburg home in 2030 in Petersburg is 229,080 USD.

What is the predicted price of a Petersburg home in 2035?

The predicted home sales price of a Petersburg home in 2035 in Petersburg is 250,527 USD.

Will real estate prices decrease in Petersburg?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Petersburg is the 8909. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Menard, Petersburg decreased, looking at the past 12 months.

According to Walletinvestor's Petersburg real estate market research, home values will increase in the next 12 months.

Median home values decreased by 9.529% to 190,190 USD, between 2025-03-04 and 2026-03-04

The average annual profit of property investment was:

  • 13.835% in 2021
  • 15.725% in 2022
  • 15.085% in 2023
  • 14.765% in 2024
  • 12.755% in 2025
  • 14.195% in 2026

Based on our Petersburg real estate market research and report the predicted sales prices will increase by 275.809% in the next 10 years.

Over the last 12 months, the value of homes in Petersburg fluctuated: increasing 3 times and decreasing 1 times.

Petersburg (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Petersburg Housing Market Forecast with Real Estate Prices for 2025
August 2025 212622 191785 233459
September 2025 211537 195672 227402
October 2025 211283 196916 225651
November 2025 210978 195577 226379
December 2025 209692 193126 226258
Petersburg Housing Market Forecast with Real Estate Prices for 2026
January 2026 208338 194379 222296
February 2026 208438 187594 229282
March 2026 210145 189130 231159
April 2026 211865 201272 222458
May 2026 213600 192240 234960
June 2026 215349 204581 226116
July 2026 217112 200177 234047
August 2026 218890 205975 231804
September 2026 220233 203055 237411
October 2026 221608 200556 242661
November 2026 220443 198399 242488
December 2026 219019 201717 236322
Petersburg Housing Market Forecast with Real Estate Prices for 2027
January 2027 217604 196714 238494
February 2027 216528 201371 231685
March 2027 215544 198516 232572
April 2027 214151 196591 231712
May 2027 212891 193092 232690
June 2027 212249 201637 222862
July 2027 212498 191673 233323
August 2027 213223 195952 230494
September 2027 214165 196603 231726
October 2027 215505 201282 229728
November 2027 216274 197025 235522
December 2027 217609 202159 233060
Petersburg Housing Market Forecast with Real Estate Prices for 2028
January 2028 218218 202288 234148
February 2028 218767 197765 239768
March 2028 218131 202643 233618
April 2028 217154 198261 236046
May 2028 216365 199272 233458
June 2028 217054 198605 235504
July 2028 218831 202638 235025
August 2028 220623 209151 232096
September 2028 220975 204623 237328
October 2028 220697 202159 239236
November 2028 220359 205154 235564
December 2028 220590 206913 234266
Petersburg Housing Market Forecast with Real Estate Prices for 2029
January 2029 221061 200723 241399
February 2029 222109 206562 237657
March 2029 223363 206388 240339
April 2029 224194 210743 237646
May 2029 226030 208852 243208
June 2029 227596 215534 239659
July 2029 229080 216023 242138
August 2029 229787 218068 241507
September 2029 229614 218134 241095
October 2029 230121 213092 247150
November 2029 231545 216726 246364
December 2029 231695 212232 251157
Petersburg Housing Market Forecast with Real Estate Prices for 2030
January 2030 230513 215529 245496
February 2030 230236 216192 244281
March 2030 229903 216339 243468
April 2030 228502 215706 241298
May 2030 227026 211588 242464
June 2030 227136 210328 243944
July 2030 228995 217546 240445
August 2030 230870 210323 251418
September 2030 232761 211347 254175
October 2030 234666 214016 255317
November 2030 236588 220027 253149
December 2030 238525 214672 262377
Petersburg Housing Market Forecast with Real Estate Prices for 2031
January 2031 239989 226550 253428
February 2031 241487 226274 256701
March 2031 240218 227967 252469
April 2031 238666 222437 254895
May 2031 237124 213886 260363
June 2031 235951 220142 251760
July 2031 234879 220081 249676
August 2031 233362 219126 247597
September 2031 231988 212501 251475
October 2031 231289 216949 245629
November 2031 231560 217666 245454
December 2031 232350 213530 251171
Petersburg Housing Market Forecast with Real Estate Prices for 2032
January 2032 233376 213072 253680
February 2032 234837 216754 252919
March 2032 235674 213521 257828
April 2032 237130 220768 253492
May 2032 237793 220672 254914
June 2032 238391 220750 256032
July 2032 237698 224387 251009

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.