Petersburg, VA

Balanced market-8.2% YoY

Housing market overview · Updated weekly

$219,000median sale price

Homes sold

40

Last 12 weeks

Days on market

76

Average pace

Active listings

96

2.4 months supply

Sale-to-list

98.1%

Below asking

The Petersburg housing market is currently classified as a balanced market with a median sale price of $219,000. Prices have fallen 8.2% compared to last year, with homes spending an average of 76 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Petersburg

There are currently 96 homes listed for sale in Petersburg, Virginia. The median listing price is $247K.

Active listings

96

Homes on market

Median list price

$247K

Avg. days on market

76

Days until sale

New this week

40

Newly listed

Price drops:32.3%of listings
Sale-to-list:98.1%

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Frequently asked questions

What is the average home price in Petersburg?

The median home sale price in Petersburg is $219,000, down 8.2% from last year.

How long do homes stay on market in Petersburg?

Homes typically spend 76 days on market before going under contract.

Is Petersburg a buyer's or seller's market?

With 2.4 months of supply, Petersburg is currently a balanced market.

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