62675, Petersburg, IL

Petersburg, Illinois is located in the 62675 zip code. According to the 2010 census, the population of Petersburg was 2,811. The median household income was $41,902 and the median family income was $51,594. Home prices in Petersburg have increased significantly over the past few years. In January of 2016, the median home price in Petersburg was $123,000. This is a 121% increase from January of 2006 when the median home price was only $50,000.

The primary reason for this increase in home prices is likely due to a number of factors including an improving economy and low interest rates. Additionally, there are a limited number of homes available for sale in Petersburg which has led to an increase in demand and prices. Finally, many people who live in Petersburg are able to afford high-priced homes because they have access to ample amounts of equity (i.e., they own their homes free and clear).