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Is Petersburg, IN 47567 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Petersburg is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list96.8%Sold price ÷ list price
Median days on market24Listing to accepted offer
Median price per sq ft$125▼ −8.5% vs. last year

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Nearby markets

Otwell 47564Seller’s market $137 /sq ftSpurgeon 47584Seller’s market $49 /sq ftStendal 47585 $135 /sq ftVelpen 47590 — /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology