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Petersburg, VA
Full City Profile · Virginia · Petersburg city County
2.9
/5.0
C+
Fair
33,365
Population
1,469/sq mi density
$50,741
Median Income
$29,590 per capita
$157,900
Home Value
$239,957 Zillow
$1,132
Median Rent
30.0% income on rent
59°F
Avg Temperature
305 sunny days/yr
748
Violent Crime/100K
3,306 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$50,741 median income, 6.9% unemployment
A+
Affordability
4.9 / 5.0
$157,900 home value, $1,132/mo rent
F
Safety
1.0 / 5.0
748 violent crimes/100K (97% above avg)
B
Education
3.0 / 5.0
25.0% bachelor's degree or higher
Housing Overview
Median Home Value
$157,900
44% below
US avg: $281,900
Median Rent
$1,132/mo
3% below
US avg: $1,163/mo
Homeownership Rate
38.3%
41% below US avg (65.4%)
Total Housing Units
17,941
Median year built: 1968
Home Value by Source
Census Median
$157,900
Zillow (ZHVI)
$239,957
Median Sale Price
$219,000
Median List Price
$247,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
38.3%
Owner-Occupied
61.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,442/mo
1 Bedroom
$1,507/mo
2 Bedroom
$1,655/mo
3 Bedroom
$2,072/mo
4 Bedroom
$2,553/mo
Census median rent:
$1,132/mo
· Zillow rent:
$1,336/mo
Market Indicators (Redfin)
Median Days on Market
76 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
40
Price Drops
32.3%
of listings with price reduction
Price Per Sq Ft
$140
Active Inventory
96
homes for sale
Affordability & Housing Stock
Rent Burden
30.0%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
38.3%
Complete Housing Data
Home Values
| Census Median Value | $157,900 |
| Zillow Home Value (ZHVI) | $239,957 |
| Median Sale Price | $219,000 |
| Median List Price | $247,000 |
| Price Per Sq Ft | $140 |
Rent
| Census Median Rent | $1,132 |
| Zillow Rent (ZORI) | $1,336 |
| FMR Studio | $1,442 |
| FMR 1-Bedroom | $1,507 |
| FMR 2-Bedroom | $1,655 |
| FMR 3-Bedroom | $2,072 |
| FMR 4-Bedroom | $2,553 |
Market
| Days on Market | 76 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 32.3% |
| Homes Sold | 40 |
| Active Inventory | 96 |
| Price Per Sq Ft | $140 |
Ownership & Stock
| Owner-Occupied | 38.3% |
| Renter-Occupied | 61.7% |
| Homeownership Rate | 38.3% |
| Total Housing Units | 17,941 |
| Median Year Built | 1968 |
| Rent Burden | 30.0% |