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City / Town Overview

Petersburg, VA

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The Petersburg, VA real estate market currently shows 274 active listings, with 113 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has increased compared to last year, with 71 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 46 days on market compared to 41.8 days last year.

The median listing price has risen 7% year-over-year, from $264,072 to $282,615.

Whether you are buying or selling in Petersburg, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 63,340  ·  Density: 187.5/mi²  ·  Median household income: $57,132

Typical home value: $186,528  ·  Homeownership: 52.8%

Included Areas

Petersburg: 23803, 23805

Pocahontas: 23804

Area Map

Market Overview

Active Listings
274
⇧ 35% vs 203 last year
Pending
113
41% pending ratio
Median Price
$282,615
⇧ 7% vs $264,072 last year
Average Price
$295,551
⇧ 7.5% vs $274,867 last year
Days on Market
46
⇧ 10% vs 42 days last year

Price Per Square Foot

Median $/sqft
$181
⇧ 5.2% vs $172/sqft last year
Median Home Size
1,491 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %