The housing market in Petersburg, TX is flourishing; the median value of a home is $71,300, which is significantly lower than the US median value of $338,100. This makes it an appealing option for those looking to purchase a home at an affordable price. Furthermore, house appreciation in Petersburg has been higher than the US average over the past year - 16.22% compared to 8.27%. Overall, Petersburg is an attractive location for buying a home; not only are prices lower than other parts of the country but also real estate values are increasing quickly.
The median home cost in Petersburg is $71,300. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Petersburg is up 19.7%.
Average Age of Homes
- The median age of Petersburg real estate is 57 years old
The Rental Market in Petersburg
- Renters make up 22.3% of the Petersburg population
- 0.0% of houses and apartments in Petersburg, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.