Is Petersburg, MI 49270 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Petersburg is a seller’s market. With about 1.1 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.1Under 4 months = seller’s market

Sold above original list33.3%Share of sales, last 3 months

Median sale-to-list99.1%Sold price ÷ list price

Median days on market21Listing to accepted offer

Median price per sq ft$171▲ +0.4% vs. last year

Run the numbers for 49270

Prefilled for 49270Can I win this house?Multiple-offer likelihood for a listing Prefilled for 49270Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Carleton 48117Seller’s market $185 /sq ft Dundee 48131Seller’s market $164 /sq ft Erie 48133Balanced $172 /sq ft Ida 48140Seller’s market $151 /sq ft Browse all markets →

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