Lake Petersburg, IL Housing Market
The Lake Petersburg housing market is not very competitive. The median sale price of a home in Lake Petersburg was $230K last month, down 49.4% since last year. The median sale price per square foot in Lake Petersburg is $205, up 17.8% since last year.
Lake Petersburg Housing Market Trends
In September 2025, Lake Petersburg home prices were down 49.4% compared to last year, selling for a median price of $230K.
since last year
since last year

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How hot is the Lake Petersburg housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Multiple offers are rare.
- The average homes sell for about 2% below list price and go pending in around 63 days.
- Hot homescan sell for around list price and go pending in around 30 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 10 days.
- Hot homescan sell for about 3% above list price and go pending in around 3 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% below list price and go pending in around 9 days.
- Hot homescan sell for around list price and go pending in around 1 day.
Lake Petersburg Migration & Relocation Trends
View houses in Lake Petersburg that sold recently
Recently sold homes
- $315,000 Last Sold Price2 beds2.5 baths2,400 sq ft231 North Shore Dr, Petersburg, IL 62675List Price$329,000Sale to List4% under listDays on Market108 days231 North Shore Dr, Petersburg, IL 62675
- $415,000 Last Sold Price4 beds3.5 baths3,216 sq ft302 Dogwood Pl, Petersburg, IL 62675List Price$425,000Sale to List2% under listDays on Market34 days302 Dogwood Pl, Petersburg, IL 62675
- $20,000 Last Sold Price—beds—baths—sq ft463 Juniper Dr, Petersburg, IL 62675List Price$22,000Sale to List9% under listDays on Market70 days463 Juniper Dr, Petersburg, IL 62675
- $230,000 Last Sold Price2 beds1 bath1,120 sq ft465 Juniper Dr, Petersburg, IL 62675List Price$235,000Sale to List2% under listDays on Market59 days465 Juniper Dr, Petersburg, IL 62675
- $397,000 Last Sold Price4 beds3 baths3,216 sq ft64 N Shore Dr, Petersburg, IL 62675List Price$399,900Sale to List1% under listDays on Market144 days64 N Shore Dr, Petersburg, IL 62675
- $572,000 Last Sold Price4 beds3 baths5,266 sq ft121 North Shore Dr, Petersburg, IL 62675List Price$599,000Sale to List5% under listDays on Market48 days121 North Shore Dr, Petersburg, IL 62675
Schools in Lake Petersburg
- Elementary
- Middle
- High
GreatSchools Rating
No elementary schools in this region.
Climate's impact on Lake Petersburg housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lake Petersburg.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Wind likelihood over time
Heat Factor - Moderate
Heat Factor

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