Photo: Ken Lund from Las Vegas, Nevada, USA · CC BY-SA 2.0489 homes sold in Petersburg in the last year, at a typical $233K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Petersburg homes are listed.
Every place Petersburg homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Petersburg.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 92% of Petersburg’s sales, at a typical $233K (year to May 2026)
489 homes sold in the year to September 2026.
typical sale · 465 sold in the year to May 2026
- Per square foot
- $155VA $222
- Days to sell
- 37
- Sold over asking
- 35%
- Listings with a price cut
- 30%
Multi-family (2–4 units): 36 sold, typical $192K
Townhouses: 3 sold, typical $117K
Condos: 3 sold, typical $238K
Too few sales in 12 months for reliable figures.
More homes sell than most years, at 3.6 times the 2016 price
489 sales in the last year, against 611 in 2022 and a low of 232 in 2013. The typical sale went from $65K in 2016 to $233K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $250K buys in Petersburg
Check a listing against what Petersburg homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Petersburg are more common than before the pandemic, with about as many homes for sale
We read every month of Petersburg’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 489 sales.
If you’re buying in Petersburg
- Shop in March. It brings about 48 new listings a month, close to the busiest month, with fewer bidding wars (24% over asking).
- Bid near asking. Buyers paid 98.2% of the list price on average; 31% paid over.
- You’ll usually have time. Only 32% of homes go under contract within two weeks; the typical one takes 38 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 55 a month), but June is the most competitive: 33% of June sales close over asking. March offers nearly as much choice with fewer homes bid up (24%). March has the least competition (24%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Virginia as a whole
| Petersburg now | 2017–19 | 2021 peak | VA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 31% | 21% | 41% | 30% |
| Gone within two weeksShare of homes under contract within 14 days | 32% | 23% | 48% | 42% |
| Price paid vs. askingAverage sale price ÷ list price | 98.2% | 94.5% | 98.6% | 99.2% |
| Days to sellMedian days from listing to contract | 38 | 50 | 18 | 40 |
130 homes for sale on a typical day
That’s 1.6 times the 2021 low (84), about the 2017–19 level and well under 2012’s 214.
Petersburg ranks 115th of 204 busy Virginia markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Petersburg is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Petersburg home costs about $1,372 a month
Price: Petersburg’s typical sale, last 12 months. Property tax at Petersburg’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Petersburg is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 36.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $233K home, about $1,880 a year.
Taxes vs. neighborsSchools
The schools grade for Petersburg, from test results, graduation and how much students grow.
Schools in PetersburgTypical commute
The average one-way trip to work for people who live in Petersburg.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Ettrick, Matoaca, Enon and Chester for far more
The busier markets within 25 miles of Petersburg, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Petersburg | 489 | $233K | $152 | 31% | 38 |
| Chester | 321 | $383K | $196 | 32% | 24 |
| Hopewell | 314 | $243K | $178 | 32% | 32 |
| Colonial Heights | 266 | $291K | $185 | 29% | 25 |
| Ettrick | 61 | $274K | $192 | 22% | 38 |
| Enon | 56 | $346K | $219 | 54% | 29 |
| Matoaca | 32 | $261K | $194 | 34% | 17 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Petersburg, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Petersburg. People who follow the town see it, and so do people comparing Petersburg with their own town. No commission, no listing fee.
Questions about buying a home in Petersburg
What do homes sell for in Petersburg, VA?
489 homes sold in the year to September 2026 at a typical $233K, $152 a square foot.
Is Petersburg a buyer’s or seller’s market?
A seller’s market: 155 homes were for sale in September 2026 and 39 sold, about 3.9 months of supply. Buyers paid 98.2% of asking on average.
When is the best time to buy in Petersburg?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Petersburg?
About 0.8% of a home’s value a year. On a $233K home that’s near $1,880.
Where can I see homes for sale in Petersburg?
Zillow, Redfin, Realtor.com and Homes.com all carry Petersburg’s MLS listings; the search links above open each one filtered to Petersburg.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).