Foreclosure Homes in Petersburg, IL

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View this home at Gudgel Ave Petersburg IL 62675
$164,837 EMV
View this home at N 5th St Petersburg IL 62675
View this home at W Antle St Petersburg IL 62675
30 View this home at Broc More Woods Ln Petersburg IL 62675
$174,900 List Price

3 Bed | 3 Bath | 2,031 Sq. Ft.

View this home at W Jackson St Petersburg IL 62675
$135,435 EMV
View this home at Allen Ave Petersburg IL 62675
$49,300 EMV
View this home at Whites Crossing Ave Petersburg IL 62675
49 View this home at N Shore Dr Petersburg IL 62675
As-Is Deal
$200,000 List Price

2 Bed | 2 Bath

Displaying 1 - 8 of 8

Home Value Estimator For Petersburg, IL

There are currently 43 real estate properties in Petersburg, IL, with a median automated valuation model (AVM) price of $208,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Petersburg, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Petersburg, IL, is $258,819.00, with the most expensive house in Petersburg, IL, topping out at $816,300.00 and the cheapest home in Petersburg, IL, clocking in at $23,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Petersburg, IL!

Rent Prices In Petersburg, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Petersburg, IL, is on a rollercoaster ride. The average rent price in Petersburg, IL, is $1,255.00. Indeed, when looking to rent in Petersburg, IL, you can expect to pay as little as $830.00 or as much as $1,920.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Petersburg, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Petersburg, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Petersburg, IL area at Get information on foreclosure homes for rent, how to buy foreclosures in Petersburg, IL and much more. Save thousands at closing with home foreclosure listings in Petersburg, IL — up to 75% off market value!

Top Reasons To Live In Petersburg, IL In 2023

Petersburg is located in Menard, Illinois, with an estimated municipal population of 2,214 residents. All of the best foreclosed homes for sale in Petersburg are located in the following zip code areas on 62675. The estimated population per square kilometer (.62 miles) in Petersburg is 547.

Cost Of Living In Petersburg, IL

So, about how much do homes cost in Petersburg? The most recent median value of resident-owned homes in Petersburg is 97,169. An estimated 58.6 percent of households in Petersburg own their homes, with an average family size of 2.77. The median household income in Petersburg is 54,833, with17.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Petersburg, the median commute time of resident workers (in minutes) is 26.3. And last, but certainly not least, are you looking for homes to rent in Petersburg? If so, the average rent price paid by renters in Petersburg is 681, according to recent statistics.

Diversity And Demographics In Petersburg, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Petersburg, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Petersburg is 40.5, split between 48 percent male versus 52 female. The percentage of residents who report being married in Petersburg is 46.6, with an average family size of 2.77.

The percentage of residents who report their race in Petersburg is as follows:

White 93.7%
Black / African American 0.7%
Asian 0.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5%
Other 0.2%

Looking for family-friendly neighborhoods in and/or near Petersburg? Or maybe you are searching for 55+ active adult communities in and/or near Petersburg?

The percentage of residents who report their age in Petersburg is as follows:

Under 10 12.6%
Aged 10-19 12.2%
20s 11.6%
30s 12.4%
40s 14.9%
50s 16.3%
60s 8.1%
70s 6.6%
80+ 5.2%

Best Schools In Petersburg, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Petersburg with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Petersburg.

Pros And Cons Of Living In Petersburg, Illinois

How do you know that living in -- or moving to -- Petersburg is right where you need to be? Perhaps you grew up in Petersburg or already live nearby; therefore, the decision to buy a home in Petersburg is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Petersburg for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Petersburg:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Petersburg.

Reasons To Move To Petersburg, Illinois, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Petersburg can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Petersburg, meanwhile, can field multiple offers from more qualified buyers.

Petersburg, IL Foreclosures


Listing types in Petersburg, IL

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