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MI area data

Petersburg, MI

Petersburg, MI.

Population: 5,567 (Census ACS)

Home values & appreciation

Median home value
$322,830
1-year appreciation
+6.8%
3-year appreciation
+13.4%
5-year appreciation
+25.0%
10-year appreciation
+77.9%
All-time peak (2026-07)
$322,830
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$268,900
Median list price
$324,900
Median days on market
35 days
Sale-to-list ratio
97.3%
Active listings
9
1-year forecast
+2.1%
New listings (monthly)
7

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,639/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
iceStorm, strongWind, coldWave, hail, inlandFlooding

Climate (30-year normals)

Average annual temperature
50.0°F
Average high
59.0°F
Average low
40.0°F
Annual precipitation
36.2 in

Air quality

Air quality rating
Good
Median AQI (annual)
25
Days with Good air quality
59

Walkability & transit

Walkability index
2.7 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
River Raisin National Battlefield Park (16 mi)
Nearest airport
Ham-A-Lot Field (2 mi)
Nearest major airport
Eugene F. Kranz Toledo Express Airport (TOL) (21 mi)
Hospitals nearby (~15 mi)
4
Avg hospital rating
2.5 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-17 tax filers

Housing stock

Median year housing built
1,973
Median annual property tax
$2,737
Mean commute to work
26 min
Households with broadband internet
76.5%

Employment & development

Total county employment
35,432
Average weekly wage
$1,153
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
176

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents