House Prices

House Prices & Home Values Petersburg, ND 2026


Average Data

average house price$45,000
average size per house700 ft²
average price per ft²65 $ / ft²

04/05/2026 - The value range (VR) for house prices in Petersburg, ND is $64/ sqft to $64/ sqft. An average home with 700 sqft costs approximately $44,800 to $44,800. Petersburg, ND includes 1 ZIP codes and it is located in Nelson county. The lowest prices are found in ZIP 58272, while the highest are in ZIP 58272. The average price per sqare feet is $65. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Petersburg

5827265 $ / ft²




Historical development of home values in Petersburg

Year Estimated value (USD) Change vs. 2025
2010 $20,899 -53.6%
2011 $20,091 -55.4%
2012 $20,037 -55.5%
2013 $20,785 -53.8%
2014 $21,819 -51.5%
2015 $22,939 -49.0%
2016 $24,136 -46.4%
2017 $25,439 -43.5%
2018 $26,845 -40.3%
2019 $28,090 -37.6%
2020 $29,542 -34.4%
2021 $33,601 -25.3%
2022 $39,171 -13.0%
2023 $41,308 -8.2%
2024 $43,697 -2.9%
2025 $45,000 0.0%

Graph: estimated home values in Petersburg over time (USD)



Example: 100% financing house in Petersburg

Loan amount: $45,000

Interest rate: 6.00%

Fixed monthly payment: $269.80

Breakdown in the 1st month:
Interest portion: $225.00  –  Principal portion: $44.80

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $2,684.97 $552.61 $44,447.39
2 $2,650.88 $586.69 $43,860.71
3 $2,614.70 $622.87 $43,237.83
4 $2,576.28 $661.29 $42,576.54
5 $2,535.49 $702.08 $41,874.46
6 $2,492.19 $745.38 $41,129.08
7 $2,446.22 $791.36 $40,337.72
8 $2,397.41 $840.16 $39,497.56
9 $2,345.59 $891.98 $38,605.58
10 $2,290.57 $947.00 $37,658.58
11 $2,232.16 $1,005.41 $36,653.17
12 $2,170.15 $1,067.42 $35,585.75
13 $2,104.32 $1,133.26 $34,452.49
14 $2,034.42 $1,203.15 $33,249.34
15 $1,960.21 $1,277.36 $31,971.98
16 $1,881.43 $1,356.15 $30,615.83
17 $1,797.78 $1,439.79 $29,176.05
18 $1,708.98 $1,528.59 $27,647.45
19 $1,614.70 $1,622.87 $26,024.58
20 $1,514.61 $1,722.97 $24,301.61
21 $1,408.34 $1,829.24 $22,472.38
22 $1,295.51 $1,942.06 $20,530.32
23 $1,175.73 $2,061.84 $18,468.48
24 $1,048.56 $2,189.01 $16,279.46
25 $913.55 $2,324.03 $13,955.44
26 $770.21 $2,467.37 $11,488.07
27 $618.03 $2,619.55 $8,868.53
28 $456.46 $2,781.12 $6,087.41
29 $284.92 $2,952.65 $3,134.76
30 $102.81 $3,134.76 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Petersburg, ND


1500 sqft3900 sqft
Ø selling price$117,976$250,966
Ø fast selling$107,251$225,869
Ø high price sale$128,701$276,062

In 2026, houses in Petersburg, ND will be offered at an average price of $65 per square foot. A 1,500 sqft home priced at $117,976 is 23.02% more expensive per square foot than a 3,900 sqft home priced at $250,966. Home prices in Petersburg, ND vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $173,745. Sellers who can wait longer may achieve a higher price of up to $212,356.


Discover Petersburg, ND

Overview

Petersburg, ND is a small, welcoming community in rural North Dakota known for its agricultural roots and wide-open prairie skies.
Located along U.S. Highway 2 between Grand Forks and Devils Lake, Petersburg offers convenient access while retaining a peaceful small-town feel. Visitors and residents appreciate the town?s friendly spirit, low traffic, and strong sense of place.

Economy and Outdoors

Agriculture anchors the local economy, with family farms producing wheat, corn, soybeans, and livestock that shape daily life.
The surrounding prairie pothole region supports excellent hunting and fishing, and nearby lakes provide seasonal boating opportunities. Winters bring crisp, snowy days perfect for snowmobiling, while warm summers invite evening walks, backyard gatherings, and community events.

Community and Quality of Life

History buffs will find echoes of the railroad era in the town layout and grain elevators, reminders of Petersburg?s role in regional trade.
Local churches, civic groups, and neighboring schools host year-round activities that strengthen community ties and welcome newcomers. Housing is generally affordable, and small businesses offer essential services, with larger shopping and healthcare options a short drive away in Grand Forks. Whether you are planning a visit or considering a move, Petersburg, ND delivers authentic small-town living, big-sky scenery, and North Dakota hospitality.



FAQ – Home Values in Petersburg

What is the median home value in Petersburg in 2026?

In 2026, the typical home value in Petersburg is about $45,000 for an average home size of 700 square feet. This corresponds to an average price of roughly $65 per square foot.

What is the average cost per square foot in Petersburg?

In 2026, homes in Petersburg sell for an average of around $65 per square foot, with a typical range between $64 and $64 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Petersburg is about 700 square feet, with an estimated 2026 value around $45,000.



Locations close to Petersburg, ND

Pisek, ND58 $ / ft²
Portland, ND56 $ / ft²
Reynolds, ND82 $ / ft²
Pembina, ND51 $ / ft²
Park River, ND44 $ / ft²
Osnabrock, ND22 $ / ft²
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