Petersburg, TX
Full City Profile · Texas · Lubbock County County
3.3
/5.0
B
Good
787
Population
972/sq mi density
$38,636
Median Income
$26,491 per capita
$71,400
Home Value
$98,328 Zillow
$635
Median Rent
27.1% income on rent
59°F
Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$38,636 median income, 2.0% unemployment
A+
Affordability
5.0 / 5.0
$71,400 home value, $635/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.9 / 5.0
11.5% bachelor's degree or higher
Housing Overview
Median Home Value
$71,400
75% below
US avg: $281,900
Median Rent
$635/mo
45% below
US avg: $1,163/mo
Homeownership Rate
65.8%
1% above US avg (65.4%)
Total Housing Units
481
Median year built: 1959
Home Value by Source
Census Median
$71,400
Zillow (ZHVI)
$98,328
Redfin Median Sale
$55,000
Median Sale Price
$55,000
Median List Price
$139,200
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.8%
Owner-Occupied
34.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent:
$635/mo
Market Indicators (Redfin)
Median Sale Price
$55,000
Median Days on Market
31 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$50
Active Inventory
4
homes for sale
Affordability & Housing Stock
Rent Burden
27.1%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
65.8%
Complete Housing Data
Home Values
| Census Median Value | $71,400 |
| Zillow Home Value (ZHVI) | $98,328 |
| Redfin Median Sale | $55,000 |
| Median Sale Price | $55,000 |
| Median List Price | $139,200 |
| Price Per Sq Ft | $50 |
Rent
| Census Median Rent | $635 |
| FMR Studio | $887 |
| FMR 1-Bedroom | $935 |
| FMR 2-Bedroom | $1,149 |
| FMR 3-Bedroom | $1,497 |
| FMR 4-Bedroom | $1,733 |
Market
| Days on Market | 31 |
| Sale-to-List Ratio | 0.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 4 |
| Price Per Sq Ft | $50 |
Ownership & Stock
| Owner-Occupied | 65.8% |
| Renter-Occupied | 34.2% |
| Homeownership Rate | 65.8% |
| Total Housing Units | 481 |
| Median Year Built | 1959 |
| Rent Burden | 27.1% |