New Low in Home Prices for Petersburg City Real Estate Market

Over the last 30 days, the Petersburg City market was active with 26 homes sold. It marks a 30.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. At the same time, Chesterfield County reported 417 home sales, the highest number from all the surrounding counties. Prices found a bottom with the median sales price falling to $30,000, a nine-month low. Even after the uptick in sales, an elevated seven months of inventory tells us that Petersburg City is still a strong buyer's market.

Trying to find a home at a bargain price? Take a look at these affordable homes in Petersburg City:

$101K   $104K   $104K  

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

Demographic facts about Petersburg City:

  • 47 years old is the median age of all the homes in the area.
  • The area gets an average of 3.2 inches of snow each year. (U.S. average: 25)
  • The job growth rating in this area is 56. (Scale: 1 = Worst, 100 = Best)
  • This area has an average school expenditure per student of $5,391. ($5,691 = national average)

Data reported through 10/12/2016

Comments:

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

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