Is Petersburg, OH 44454 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list93.5%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$87▼ −54.4% vs. last year

The Petersburg housing market right now

In the three months ending August 31, 2026, 0% of homes in Petersburg, OH 44454 sold above their list price and the typical home went under contract in 43 days. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold faster (72 days then) and the median sale price fell 34% to $189,918. Overall, Petersburg is less competitive than a year ago, which gives buyers more room.

Within Mahoning County, homes here sell faster than in 54% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Sebring 44672 (43% sold over asking) and Youngstown 44502 (40% sold over asking) are even more competitive.

Nearby markets

Beloit 44609Balanced $109 /sq ftBerlin Center 44401Seller’s market $171 /sq ftCampbell 44405Balanced $118 /sq ftCanfield 44406Seller’s market $174 /sq ft Browse all markets →

Where Petersburg is

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Questions about Petersburg real estate

How fast do homes sell in Petersburg?

The typical home went under contract in 43 days in the latest three months.

Do homes in Petersburg sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 93.5% of the list price.

What are property taxes in Petersburg?

About 1.30% of a home’s value a year in Mahoning County, or roughly $5,200 on a $400,000 home.

What is the median home price in Petersburg?

The median sale price was $189,918 in the three months ending August 31, 2026, about $87 per square foot.

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