Petersburg First-Time Homebuyer Report for October

Petersburg is a small city in Virginia with a median income of $37,181 per household. Besides being much less affluent than average, its population is older than others with a median age of 39 years. Detached homes account for 94% of the area's current housing market. Heading the list of top schools in the city is Petersburg High School.


If you're looking to explore the landscape of Petersburg, then check out Southside YMCA and Petersburg Sports Complex, Foursquare's most popular places for outdoor activities. You might also try Longstreet's Deli, King's Barbecue, and Saucy's Walk Up BBQ, a few popular places to dine out. To top it off, one of the most popular places to get a drink is alibi.

Price Range

Petersburg has some of the more affordable homes in the state with a median home value of $107,100 and a current average list price of $82,085.

Out of all the listings in Petersburg, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$327K   $180K   $122K  

Typical Dwelling

A three-bedroom detached home valued around $86,089 is considered a typical dwelling in Petersburg. If a buyer was looking for a similar home, they would need good credit and a $17,218 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $202 and the property tax rate is $12.01 per $1,000 of taxable assessed value.

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

Data reported through 10/13/2016


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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