Current Price

$289,491

1 Month Forecast

â–² $309,562

1-Year Forecast *

â–² $319,653

5-Year Forecast *

â–² $354,339

"Is it a good time to buy homes in Petersburg?" "Does investing in real estate in Petersburg (Michigan State, Monroe 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 Michigan State, Monroe 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 289,491 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Petersburg" area is 354,339 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +22.40% meaning that investing 100000 USD today may yield a profit of 22,401 USD by 2031.

Current Median Listing Price: 289,491 USD Median Listing Price Per Square Foot: 161 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 (Michigan 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: $319,653* (upside of 10.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $302,619 $307,980 $302,619 $307,980
2024 $279,420 $289,491 $279,420 $289,491
2023 $268,282 $279,070 $268,282 $279,070
2022 $253,678 $267,979 $253,678 $274,394
2021 $233,123 $250,940 $233,123 $252,235
2020 $212,171 $229,810 $212,171 $229,810
2019 $202,255 $211,691 $202,255 $211,691
2018 $190,613 $201,348 $190,613 $201,348
2017 $181,997 $189,273 $181,997 $189,273
2016 $175,056 $181,923 $175,056 $181,923
2015 $162,686 $173,579 $162,686 $173,579
2014 $147,928 $161,413 $147,928 $161,413
2013 $141,553 $147,366 $141,553 $147,722
2012 $135,536 $140,452 $135,536 $140,452

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 $289,491 USD.

What is the average price per square foot in Petersburg?

According to Walletinvestor the median price per square foot in Petersburg is 161 USD.

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

Yes. The Petersburg home prices may rise from 289,491 USD to 319,653 USD in one year.

Is it profitable to invest in Petersburg homes?

Yes. The long-term profit potential is +10.42% 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 345,362 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 401,949 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 8245. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Monroe, 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 5.216% to 289,491 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 11.109% in 2021
  • 11.759% in 2022
  • 11.749% in 2023
  • 10.879% in 2024
  • 11.569% in 2025
  • 10.789% in 2026

Based on our Petersburg real estate market research and report the predicted sales prices will increase by 169.427% in the next 10 years.

Over the last 12 months, the value of homes in Petersburg fluctuated: increasing 4 times .

Petersburg (Michigan) 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 309562 280463 338661
September 2025 311152 281281 341022
October 2025 312750 293047 332453
November 2025 314356 297066 331646
December 2025 315128 290233 340023
Petersburg Housing Market Forecast with Real Estate Prices for 2026
January 2026 314126 298420 329833
February 2026 313128 287765 338491
March 2026 313361 283592 343130
April 2026 314778 296206 333350
May 2026 316395 296778 336011
June 2026 318020 301801 334239
July 2026 319653 293122 346184
August 2026 321294 298161 344428
September 2026 322945 292588 353301
October 2026 324603 305776 343430
November 2026 325313 308071 342554
December 2026 324279 301580 346979
Petersburg Housing Market Forecast with Real Estate Prices for 2027
January 2027 323249 298358 348139
February 2027 322221 291288 353155
March 2027 321198 289399 352996
April 2027 321163 289367 352958
May 2027 321525 298376 344675
June 2027 321978 298795 345160
July 2027 322650 303614 341687
August 2027 323719 291995 355443
September 2027 325382 295446 355317
October 2027 327053 305467 348638
November 2027 328732 303749 353716
December 2027 329644 312502 346785
Petersburg Housing Market Forecast with Real Estate Prices for 2028
January 2028 330057 298702 361413
February 2028 330133 310655 349611
March 2028 330286 309148 351424
April 2028 330477 306353 354602
May 2028 330892 298464 363319
June 2028 332571 302307 362835
July 2028 334279 302857 365701
August 2028 335996 314156 357835
September 2028 336124 304192 368056
October 2028 335923 315431 356414
November 2028 335756 306881 364631
December 2028 336598 318422 354775
Petersburg Housing Market Forecast with Real Estate Prices for 2029
January 2029 336802 313899 359704
February 2029 337870 314219 361521
March 2029 339000 314253 363747
April 2029 340741 320978 360504
May 2029 342491 316119 368863
June 2029 344250 309825 378675
July 2029 345362 314970 375754
August 2029 345955 322776 369133
September 2029 346419 319052 373786
October 2029 347083 318969 375196
November 2029 348255 330842 365668
December 2029 350044 332541 367546
Petersburg Housing Market Forecast with Real Estate Prices for 2030
January 2030 351841 317713 385970
February 2030 353648 325356 381940
March 2030 355464 327027 383902
April 2030 356337 331393 381281
May 2030 355205 323591 386818
June 2030 354076 319731 388421
July 2030 354339 335914 372765
August 2030 355942 331738 380146
September 2030 357770 331653 383887
October 2030 359607 332277 386937
November 2030 361454 326754 396154
December 2030 363310 341875 384746
Petersburg Housing Market Forecast with Real Estate Prices for 2031
January 2031 365176 332310 398042
February 2031 367052 338054 396049
March 2031 367854 336587 399122
April 2031 366685 336984 396387
May 2031 365520 334816 396224
June 2031 364359 332659 396058
July 2031 363201 332329 394073
August 2031 363161 334835 391488
September 2031 363572 345029 382114
October 2031 364083 334956 393209
November 2031 364843 333832 395855
December 2031 366052 336402 395702
Petersburg Housing Market Forecast with Real Estate Prices for 2032
January 2032 367932 347328 388536
February 2032 369821 341715 397928
March 2032 371721 336407 407034
April 2032 372751 341813 403690
May 2032 373219 342242 404196
June 2032 373305 351653 394957
July 2032 373478 344347 402609

> 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.