Housing in Petersburg, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$240,000
Median List Price
$237,500
Price Per Sq Ft
$153
Days on Market
48
Active Inventory
104
Months of Supply
3.3
Seller's market
Zillow Home Value
$237,967
ZHVI — January 2026
Zillow Rent Index
$1,322
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
25.0%
Off Market in 2 Weeks
31.8%
Sale-to-List Ratio
96.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
32
New Listings
48
Pending Sales
63
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$153
Median List $/SF
$160
Petersburg vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Petersburg is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$157,900
Median Rent
$1,132
Total Housing Units
18,026
Vacancy Rate
17.6%
Owner Occupied
38.3%
Renter Occupied
61.8%
Median Property Tax
$1,449
per year
Monthly Cost (w/ Mortgage)
$1,049
Housing Types
The current median sale price in Petersburg, VA is $240,000 according to Redfin data. Homes spend a median of 48 days on the market. 25.0% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $153. Zillow's observed rent index is $1,322/month. About 38.3% of housing units are owner-occupied. The median year homes were built is 1969. There are 18,026 total housing units.