The housing in Petersburg, WV (26847) is significantly cheaper than the national average, with a median value of $142,700 compared to the US house median value of $338,100. However, the 1 year appreciation rate for houses in Petersburg is higher than the US average at 9.82%, indicating that there may be a trend towards increasing prices. With this in mind and its relative affordability compared to other areas, Petersburg could be an attractive option for potential homeowners looking for a good deal on their next home.
The median home cost in Petersburg (zip 26847) is $142,700. Home appreciation the last 10 years has been 44.6%. Home Appreciation in Petersburg (zip 26847) is up 12.1%.
Average Age of Homes
- The median age of Petersburg (zip 26847) real estate is 38 years old
The Rental Market in Petersburg (zip 26847)
- Renters make up 22.9% of the Petersburg (zip 26847) population
- 1.7% of houses and apartments in Petersburg (zip 26847), 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.