Petersburg, NY—12138
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Petersburg, NY
As of Oct '25, the median home price in Petersburg, NY is $253,000, with a year-over-year change of 4.1%. This indicates that home prices in Petersburg, NY are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $253,000 | 4.1% |
| Single Family | $253,000 | 4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $224,000 | 4.7% |
3 Bed | $283,000 | 4.4% |
4 Bed | $293,000 | 6.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Petersburg, NY
Petersburg, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Petersburg, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Petersburg, NY is 48. This is a increase of 8.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $174,000 | -15.0% |
Listing Count | 14 | -12.0% |
| Listings as % of Homes | 0.7% | -12.0% |
Days on Market | 48 | 8.0% |
Demographics — Petersburg, NY
As of the latest ACS Survey released in 2023, Petersburg, NY has a population of 2,830, which has decreased by -14.4% over the past 5 years. Petersburg, NY is a moderately popular place for families, as children make up 18.2% of the population. The area has a poorly educated workforce, with 21.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,830 | -14.4% |
% Under 18 | 18.2% | -14.2% |
% Seniors | 21.5% | 6.4% |
% WFH | 6.9% | 35.3% |
% w/ College Degree | 21.9% | -15.8% |
As of the latest ACS Survey released in 2023, Petersburg, NY is a predominantly white area, with 89.8% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in Petersburg, NY is hispanic, making up 4.5% of the population. Foreign-born residents account for 1.9% of the population in Petersburg, NY, and this percentage has decreased by 40.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.8% | -6.0% |
% Black | 0.9% | ∞% |
% Hispanic | 4.5% | 32.4% |
% Asian | 0.6% | 200.0% |
% Foreign Born | 1.9% | -40.6% |
Mortgage and Risk — Petersburg, NY
According to HUD data as of 2023, there were 20 mortgage originations in Petersburg, NY, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Petersburg, NY. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 20 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Petersburg, NY
Petersburg, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,150 |
| 2 Bedroom | N/A | N/A | $1,390 |
| 3 Bedroom | N/A | N/A | $1,670 |
| 4 Bedroom | N/A | N/A | $1,840 |
Affordability — Petersburg, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $253,000 |
| Median Household Income | $78,700 |