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Petersburg, MI Real Estate


According to census data in the year 2000 there were 437 housing units in Petersburg. This represents a 1.9% growth from 429 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 437 were located in what is classified as a rural area.

Homeownership rate in Petersburg is about 74.3%. Petersburg's vacancy rate, including seasonal lodging, is about 4.8%. Average household size is 2.76 people.

The majority of houses, apartments or condos in Petersburg were built after 1947.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5.90%
Two Bedrooms27%
Three Bedrooms48.30%
Four Bedrooms13.70%
Five Bedrooms or more5%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.73
Median year structure was built1945
Median Value of occupied units$105,000
Median Price asked for vacant units$107,100

Rented Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1954
Median Monthly Rent asked for vacant units$481

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.10%
Home Equity Loan11%
Simple Mortgage50.50%
Debt Free34.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.6%