Comprehensive market data and analysis• Updated Oct 2026
12.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 2 | 2 | 4 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | 1 | 1 | 1 | 2 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 2 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 3 | 3 | 4 | 10 |
Acreage buckets
The median price for land in Petersburg, Illinois is currently $27K per acre. For a typical parcel, the median sale price is $27K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $15K while premium lots reached $142K.
Petersburg, Illinois is currently a strong buyer's market with 12.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Petersburg, Illinois currently has 12.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
There are currently 12 active listings in Petersburg, Illinois. 1 new listings have hit the market in the last 90 days. The median asking price is $15K.
The current absorption rate in Petersburg, Illinois is 8.3% (3-month basis), indicating moderate demand. The top-performing broker in this market is RE/MAX Professionals.
Land in Petersburg, Illinois typically sells within 448 days of listing. The median time on market is 101 days. Properties are moving slowly in the current strong buyer's market.
The median land price in Petersburg, Illinois stands at $27K. This translates to roughly $27K per acre for the typical parcel size. The average price is $65K, indicating some higher-priced properties pulling up the average.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Petersburg on LandyDandy.
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