New Low Point in Home Prices for Petersburg Real Estate Market

The Petersburg market got good news in this week's report, as the number of home sales rocketed 30.0%, pushing the total to 26 homes sold over the last 30 days. Within the same time frame, Richmond had 212 sales, the most of all cities in the area. The price of homes sold went down with the average selling price hitting a nine-month low at $30,000. Even after the uptick in sales, an elevated seven months of inventory tells us that Petersburg is still a definite buyer's market.

Looking for an inexpensive home to live in? Then make sure you see these wonderful listings available in Petersburg:

$101K   $104K   $104K  

Get started right now by checking out Petersburg homes for sale or reviewing Petersburg real estate trends.

Demographic facts about Petersburg:

  • This area has an affordability rating of 46. (Scale: 1 = Worst, 100 = Best)
  • The area gets an average of 44.0 inches of rain each year. (U.S. average: 36.5)
  • This area has an income per capita of $20,807.
  • The area's school rating is 41. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016


Ask a local expert about this area:
Weichert Brockwell & Portwood
Snapped 4 homes in this area
Classic Realty, Ltd.
Snapped 2 homes in this area
Snapped 1 home in this area

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