Petersburg, IN 47567 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Petersburg, IN—47567

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$169,000

11.4% YoY Growth

Household Income

$64,900

19.9% YoY Growth

Days on Market

100

44.0% Longer YoY

Home Price Forecast

1.4%

Median Rent

$900

31.2% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$900

20.0% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Petersburg, IN

As of May '26, the median home price in Petersburg, IN is $169,000, with a year-over-year change of 11.4%. This indicates that home prices in Petersburg, IN are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$169,000	11.4%
Single Family	$170,000	11.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Petersburg, IN

As of July '25, Rentcast reports the average rent in Petersburg, IN is $1,050, with a year-over-year rent change of 31.2%. Per bedroom, the median rent as of July '25 in Petersburg, IN is 2-bedrooms: $1,050. The most common rental property sizes in Petersburg, IN are 1-bedroom and 2-bedroom, accounting for 36.5% and 33.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$900	$1,050
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$900	$1,050
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

1.1%

1 Bedroom

36.5%

2 Bedrooms

33.8%

3 Bedrooms

16.5%

4 Bedrooms

10.4%

5+ Bedrooms

1.6%

Property Listings — Petersburg, IN

As of May '26, Realtor.com reports that the median days on market for a home in Petersburg, IN is 100. This is a increase of 44.0% 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 73.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$200,000	-5.0%
Listing Count	11	-36.0%
Listings as % of Homes	0.4%	-36.0%
Days on Market	100	44.0%

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Demographics — Petersburg, IN

As of the latest ACS Survey released in 2023, Petersburg, IN has a population of 6,190, which has increased by 1.1% over the past 5 years. Petersburg, IN is a moderately popular place for families, as children make up 24.4% of the population. The area has a poorly educated workforce, with 17.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,190	1.1%
% Under 18	24.4%	17.3%
% Seniors	20.0%	-3.8%
% WFH	4.2%	110.0%
% w/ College Degree	17.0%	18.1%

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As of the latest ACS Survey released in 2023, Petersburg, IN is a predominantly white area, with 95.7% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Petersburg, IN is hispanic, making up 0.5% of the population. Foreign-born residents account for 0.5% of the population in Petersburg, IN, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	95.7%	-1.1%
% Black	0.3%	-76.9%
% Hispanic	0.5%	-37.5%
% Asian	0.0%	N/A
% Foreign Born	0.5%	∞%

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Mortgage and Risk — Petersburg, IN

According to HUD data as of 2023, there were 123 mortgage originations in Petersburg, IN, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Petersburg, IN. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	123
% Conventional Loans	73.0%
% Government Loans	27.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Petersburg, IN

Petersburg, IN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	89
Total Units Section 8	89
% Rentals under Section 8	N/A
% Occupied Section 8	86.2%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$780
2 Bedroom	$30	$900	$930
3 Bedroom	N/A	N/A	$1,260
4 Bedroom	N/A	N/A	$1,260

Petersburg, IN—47567

Key Metrics at a Glance

Home Price Trends — Petersburg, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Petersburg, IN

% of Rental Stock

Property Listings — Petersburg, IN

Demographics — Petersburg, IN

Race and Ethnicity

Mortgage and Risk — Petersburg, IN

Mortgages

Rentals and Section 8 — Petersburg, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Petersburg, IN

Home Price to Income Ratio

Petersburg, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Monroe City, IN

Winslow, IN

Oakland City, IN

Wheatland, IN

Francisco, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.1
Median Home Price	$169,000
Median Household Income	$64,900

Petersburg, IN—47567

Key Metrics at a Glance

Home Price Trends — Petersburg, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Petersburg, IN

% of Rental Stock

Property Listings — Petersburg, IN

Demographics — Petersburg, IN

Race and Ethnicity

Mortgage and Risk — Petersburg, IN

Mortgages

Rentals and Section 8 — Petersburg, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Petersburg, IN

Home Price to Income Ratio

Petersburg, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Monroe City, IN

Winslow, IN

Oakland City, IN

Wheatland, IN

Francisco, IN

Frequently Asked Questions

What is the average home price in Petersburg, IN 47567?

How have home prices in Petersburg, IN 47567 changed over the past year?

What is the home price projection for Petersburg, IN 47567?

What are the demographics of Petersburg, IN 47567?

How long does it take homes to sell in Petersburg, IN 47567?

What is the average rent price in Petersburg, IN 47567?