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PETERSBURG, VA 23805

Real Estate Market Report
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The PETERSBURG, VA real estate market (23805) currently shows 69 active listings, with 35 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 55 days on market compared to 38 days last year.

The median listing price has risen 10.6% year-over-year, from $284,725 to $314,900.

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: 21,427  ·  Density: 115.7/mi²  ·  Median household income: $63,501

Typical home value: $194,772  ·  Homeownership: 57.6%

Market Overview

Active Listings
69
⇧ 40.8% vs 49 last year
Pending
35
51% pending ratio
Median Price
$314,900
⇧ 10.6% vs $284,725 last year
Average Price
$325,176
⇩ 1.4% vs $329,730 last year
Days on Market
55
⇧ 44.7% vs 38 days last year

Price Per Square Foot

Median $/sqft
$174
vs $174/sqft last year
Median Home Size
1,641 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 69 this year vs 49 last year
  • Days on market: 55 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $314,900 (+10.6% YoY)
  • Average: $325,176 (-1.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.6 miles — 392 listings ($147,451,481 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23805Petersburg, VA 238050.0 mi48$14,470,224$304,713$301,463
23830Carson, VA 238307.5 mi1$154,900$154,900$154,900
23841Dinwiddie, VA 2384110.1 mi8$2,526,336$318,475$315,792
23885Sutherland, VA 2388510.8 mi11$5,305,388$472,400$482,308
23882Stony Creek, VA 2388214.1 mi4$1,109,908$290,488$277,477
23831Chester, VA 2383115.2 mi103$46,260,081$412,463$449,127
23840Dewitt, VA 2384016.0 mi3$749,700$249,900$249,900
23890Waverly, VA 2389017.4 mi14$4,329,220$217,675$309,230
23237Richmond, VA 2323719.1 mi68$25,681,016$358,000$377,662
23897Yale, VA 2389721.3 mi2$2,799,900$1,399,950$1,399,950
23867Jarratt, VA 2386721.9 mi2$511,500$255,750$255,750
23234Richmond, VA 2323422.7 mi124$42,162,976$321,225$340,024
23894Wilsons, VA 2389423.6 mi4$1,390,332$339,975$347,583

Frequently Asked Questions

How many homes are for sale in PETERSBURG, VA 23805?

As of June 2026, there are 69 active listings in PETERSBURG, VA (zip code 23805), compared to 49 the prior year.

What is the median home price in PETERSBURG, VA 23805?

The median listing price in PETERSBURG, VA 23805 is $314,900 as of June 2026, a 10.6% increase from $284,725 the prior year.

How long do homes stay on the market in PETERSBURG, VA?

Homes in PETERSBURG, VA 23805 spend an average of 55 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in PETERSBURG, VA 23805?

Based on current inventory and days-on-market data as of June 2026, PETERSBURG, VA 23805 is currently a Buyer's Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 55 days on market compared to 38 days last year.

How much can I save on real estate commission in PETERSBURG, VA?

With SELL123.com's maximum 3% commission, sellers in PETERSBURG, VA 23805 save an estimated $6,298 compared to a typical 5% commission on the median listing price of $314,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.