Housing in Petersburg, Virginia

The median home cost in Petersburg is $113,700. Home appreciation the last 10 years has been 10.3%. Home Appreciation in Petersburg is up 4.3%. Browse Petersburg Real Estate

Average Age of Homes

- The median age of Petersburg real estate is 48 years old

The Rental Market in Petersburg

- Renters make up 42.1% of the Petersburg population
- 5.1% 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.

HOUSING	Petersburg, Virginia	United States
Median Home Age	48	40
Median Home Cost	$113,700	$231,200
Home Appr. Last 12 months	4.3%	6.7%
Home Appr. Last 5 yrs.	28.0%	35.6%
Home Appr. Last 10 yrs.	10.3%	27.4%
Property Tax Rate	$11.73	$11.78
Property Taxes Paid	$1,334	$2,724
Homes Owned	33.8%	56.0%
Housing Vacant	19.1%	12.2%
Homes Rented	47.2%	31.8%
AVERAGE RENT FOR HOME OR APARTMENT
Average Rent	$984	$1,470
Studio Apartment	$805	$821
1 Bedroom Home or Apartment	$845	$930
2 Bedroom Home or Apartment	$970	$1,148
3 Bedroom Home or Apartment	$1,290	$1,537
4 Bedroom Home or Apartment	$1,565	$1,791
VACANT HOUSING
Vacant For Rent	5.1%	2.1%
Vacant Rented	0.9%	0.5%
Vacant For Sale	1.0%	1.0%
Vacant Sold	0.3%	0.5%
Vacant Vacation	0.7%	4.0%
Vacant Other	11.0%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	3.7%	3.5%
$20,000 to $39,999	4.4%	3.1%
$40,000 to $59,999	7.6%	3.9%
$60,000 to $79,999	11.8%	5.4%
$80,000 to $99,999	14.7%	6.3%
$100,000 to $149,999	26.5%	14.7%
$150,000 to $199,999	18.6%	14.6%
$200,000 to $299,999	9.1%	18.7%
$300,000 to $399,999	1.4%	11.0%
$400,000 to $499,999	0.8%	6.2%
$500,000 to $749,999	0.1%	7.0%
$750,000 to $999,999	0.5%	2.7%
$1,000,000 to $1,499,999	0.1%	1.5%
$1,500,000 to $1,999,999	0.0%	0.5%
$2,000,000 and over	0.7%	0.7%