Petersburg City County, VA Housing

Petersburg City, VA County has a median housing value of $230,200 which is significantly lower than the US House Median Value of $338,100. However, the 1 year house appreciation rate in Petersburg city is much higher than the US average at 12.39%. This suggests that Petersburg City's housing market is rising rapidly and may be a good investment opportunity for potential homeowners.

The median home cost in Petersburg City County is $230,200. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Petersburg City County is up 18.6%.

Average Age of Homes

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

The Rental Market in Petersburg City County

- Renters make up 42.1% of the Petersburg City County population
- 4.3% of houses and apartments in Petersburg City County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Petersburg City, Virginia	United States
	17,853.0	139,647,020.0
	53	42
	$230,200	$338,100
	18.6%	16.6%
	58.1%	57.0%
	77.0%	101.1%
	$11.67	$10.98
	$1,391	$2,690
	29.1%	57.4%
	19.0%	11.2%
	51.9%	31.4%
Vacant Housing
	4.3%	1.9%
	0.7%	0.4%
	1.2%	0.7%
	0.0%	0.4%
	0.6%	3.6%
	12.2%	4.1%
Value of Owner-Occupied Housing
	3.7%	2.6%
	2.0%	2.4%
	9.7%	2.8%
	9.3%	3.9%
	11.3%	4.5%
	26.7%	11.3%
	21.5%	13.0%
	11.0%	20.1%
	0.6%	13.6%
	1.2%	8.3%
	1.7%	9.7%
	0.3%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	7.9%	13.6%
	7.9%	13.6%
	6.8%	13.6%
	7.0%	13.2%
	20.0%	14.8%
	6.8%	13.6%
	15.8%	10.0%
	8.1%	4.7%
	15.3%	12.2%

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