Zip 23805 (Petersburg, VA) Housing

The housing market in 23805 Petersburg, VA is performing better than the national average, with a median value of $288,600 compared to the US House Median Value of $338,100. Additionally, the one year house appreciation in 23805 Petersburg is 12.84%, higher than the US 1 year House Appreciation rate of 8.27%. This indicates that the housing market in 23805 Petersburg has been appreciating faster than other areas nationwide and offers an attractive opportunity for those looking to invest in real estate.

The median home cost in Petersburg (zip 23805) is $288,600. Home appreciation the last 10 years has been 77.0%. Home Appreciation in Petersburg (zip 23805) is up 18.6%.

Average Age of Homes

- The median age of Petersburg (zip 23805) real estate is 43 years old

The Rental Market in Petersburg (zip 23805)

- Renters make up 31.6% of the Petersburg (zip 23805) population
- 1.5% of houses and apartments in Petersburg (zip 23805), 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, Virginia	United States
	9,123.0	139,647,020.0
	45	42
	$288,600	$338,100
	18.6%	16.6%
	58.1%	57.0%
	77.0%	101.1%
	$10.42	$10.98
	$1,774	$2,690
	49.7%	57.4%
	9.2%	11.2%
	41.1%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	0.4%	3.6%
	6.1%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	2.6%	2.4%
	1.5%	2.8%
	1.5%	3.9%
	7.9%	4.5%
	22.4%	11.3%
	28.5%	13.0%
	18.9%	20.1%
	7.2%	13.6%
	2.7%	8.3%
	1.3%	9.7%
	0.6%	3.9%
	0.6%	2.2%
	1.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	11.2%	13.6%
	11.2%	13.6%
	14.0%	13.6%
	12.6%	13.2%
	19.9%	14.8%
	14.0%	13.6%
	12.9%	10.0%
	6.7%	4.7%
	5.8%	12.2%

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