The housing market in Petersburg, WV is thriving. The median value of homes in the area currently stands at $143,300 and has shown a 9.82% appreciation rate over the past year compared to the US average of 8.27%. This is impressive considering that the national median value for homes stands at $338,100. Homeowners in Petersburg, WV are benefiting from this rising housing market as their investments increase in value.
The median home cost in Petersburg is $143,300. Home appreciation the last 10 years has been 44.6%. Home Appreciation in Petersburg is up 12.1%.
Average Age of Homes
- The median age of Petersburg real estate is 49 years old
The Rental Market in Petersburg
- Renters make up 33.8% of the Petersburg population
- 4.2% 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.