Petersburg, VA Real Estate Market Summary – September 8, 2026
In Petersburg, VA, a total of 69 homes have changed ownership in the past month, indicating a pace of approximately 2.3 homes per day. The average living area of these homes is about 1,703 square feet, with the average sale price being $289,737.
| Metric | 30 Days |
|---|---|
| Number Sold | 69 |
| Sold Per Day | 2.30 |
| Average SQFT | 1703 |
| Median Sales Price | $272,000 |
| Average Sales Price | $289,737 |
| Average Price Per SQFT | $174 |
| Average Days on Market | 16 |
| Average Year Built | 1976 |
Petersburg, VA Single Family Home Analysis
In the single-family segment, 64 homes were reported sold, with an average living area of 1,708 square feet. The average sale price for these homes was $297,138, and they averaged around 15.75 days on the market before being bought.
| Metric | 30 Days |
|---|---|
| Number Sold | 64 |
| Sold Per Day | 2.13 |
| Average SQFT | 1708 |
| Median Sales Price | $292,500 |
| Average Sales Price | $297,138 |
| Average Price Per SQFT | $179 |
| Average Days on Market | 16 |
| Average Year Built | 1977 |
Petersburg, VA Condo & Townhome Analysis
The condo and townhome market in Petersburg saw 1 unit sold, with a living area of 2,450 square feet. This unit sold for an average price of $450,000 and spent about 20 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 1 |
| Sold Per Day | 1 every 30.00 days |
| Average SQFT | 2450 |
| Median Sales Price | $450,000 |
| Average Sales Price | $450,000 |
| Average Price Per SQFT | $184 |
| Average Days on Market | 20 |
| Average Year Built | 2025 |
Buyer & Seller Analysis
- Petersburg has seen 69 transactions in the last month.
- Homes are changing ownership at a pace of 2.3 per day.
- The average home sold was built in 1975 and had a median size of 1,528 square feet.
- The average days on market for sold properties was about 16 days.
Conclusion
Overall, the market activity in Petersburg, VA shows a stable environment with consistent transactions. Buyers and sellers can expect a relatively quick process based on current days on market.