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PETERSBURG, VA 23805

Real Estate Market Report  ·  Prince George County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
52
⇩ 1.9% vs 53 last year
Pending
21
40% pending ratio
Median Price
$275,000
⇩ 5% vs $289,500 last year
Average Price
$291,542
⇩ 7.6% vs $315,611 last year
Days on Market
57
⇧ 14% vs 50 days last year

Market Context

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

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

Market Analysis

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

The PETERSBURG, VA real estate market (23805) currently shows 52 active listings, with 21 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 57 days on market compared to 50 days last year.

The median listing price has fallen 5% year-over-year, from $289,500 to $275,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 52 this year vs 53 last year
  • Days on market: 57 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $275,000 (-5% YoY)
  • Average: $291,542 (-7.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.9 miles — 530 listings ($222,059,817 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23805Petersburg, VA 238050.0 mi52$15,160,184$275,000$291,542
23830Carson, VA 238307.5 mi1$159,900$159,900$159,900
23841Dinwiddie, VA 2384110.1 mi8$2,811,720$349,900$351,465
23885Sutherland, VA 2388510.8 mi10$5,750,000$542,500$575,000
23882Stony Creek, VA 2388214.1 mi3$905,925$301,975$301,975
23831Chester, VA 2383115.2 mi98$43,602,650$412,000$444,925
23840Dewitt, VA 2384016.0 mi3$776,850$258,950$258,950
23890Waverly, VA 2389017.4 mi14$4,645,046$244,900$331,789
23237Richmond, VA 2323719.1 mi60$23,676,720$349,950$394,612
23872McKenney, VA 2387220.9 mi6$1,796,850$299,475$299,475
23832Chesterfield, VA 2383221.3 mi153$74,652,066$439,990$487,922
23231Henrico, VA 2323122.0 mi114$44,193,354$375,000$387,661
23881Spring Grove, VA 2388122.9 mi8$3,928,552$451,000$491,069

Frequently Asked Questions

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

As of January 2026, there are 52 active listings in PETERSBURG, VA (zip code 23805), compared to 53 the prior year.

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

The median listing price in PETERSBURG, VA 23805 is $275,000 as of January 2026, a 5% decrease from $289,500 the prior year.

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

Homes in PETERSBURG, VA 23805 spend an average of 57 days on the market before going under contract, compared to 50 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 January 2026, PETERSBURG, VA 23805 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 57 days on market compared to 50 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 $5,500 compared to a typical 5% commission on the median listing price of $275,000. 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.