Peter Paul First-Time Homebuyer Report for October

Peter Paul has a much older population than other areas in Richmond with a median age of 30 years. It is also much less affluent than average with a median income of $22,421 per household. The Peter Paul market is mostly made up of detached houses, which currently account for 67% of the homes for sale in the area. Topping the list of best schools in the neighborhood is Clark Springs Elementary School.

Price Range

Homes in Peter Paul are generally less expensive than others in the city with a median home value of $82,845 and an average list price of $48,819. Once again, no deals were completed in the Peter Paul market over the last 30 days. Peter Paul is used to having 0.8 sales per month.

Typical Dwelling

The typical dwelling in Peter Paul is a two-bedroom detached home worth about $51,375. To purchase a similar home, a buyer with good credit and a $10,275 cash down payment could obtain a mortgage with a 3.95% interest rate and a $61 monthly payment. The property tax rate is $12.69 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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Ask a local expert about this area:
Coldwell Banker Vaughan & Co
Snapped 1 home in this area
Fresh Start Realty
Snapped 1 home in this area

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