Is Petersburg, ND 58272 a buyer’s or seller’s market?
Petersburg is a seller’s market. With about 3.2 months of supply and 0% 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.
The Petersburg housing market right now
In the three months ending August 31, 2026, 0% of homes in Petersburg, ND 58272 sold above their list price, the typical home went under contract in 39 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
The median sale price was $359,744, or about $194 per square foot.
Run the numbers for 58272
Nearby markets
Aneta 58212Buyer’s market $81 /sq ftLakota 58344Buyer’s market $91 /sq ftMcville 58254 $60 /sq ft Browse all markets →Where Petersburg is
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Questions about Petersburg real estate
Is Petersburg a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Petersburg, ND 58272 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Petersburg?
The typical home went under contract in 39 days in the latest three months.
Do homes in Petersburg sell over asking?
0% of homes sold above their original list price.
What are property taxes in Petersburg?
About 0.75% of a home’s value a year in Nelson County, or roughly $3,000 on a $400,000 home.
What is the median home price in Petersburg?
The median sale price was $359,744 in the three months ending August 31, 2026, about $194 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