The median home in Petersburg, Virginia is valued at $237,967, down 0.5% year over year. Typical monthly rent is $1,322, producing a price-to-rent ratio of 15x — below the national average of 18x. Petersburg is part of the Richmond, VA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$237,967

-0.5%

Rent$1,322/mo

Prices falling — better for buyers.

Affordability

Enter your income for Petersburg.

Income (annual)

Down Payment

$47,593 on $237,967

Example: $75,000 household income. Change it above to see your own.

Affordable24% of income

Under the 28% guideline.

PITI$1,499

P/I24%

Afford$278K

Room+$40K

P&I $1,203Tax $163Ins $133

Renting $177/mo cheaper ($1,322 rent)6.50% 30yr, 20% down, county tax + VA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Virginia

Compare Petersburg with other housing markets across Virginia.

Great Falls$1.63M McLean$1.42M Waterford$1.28M Dunn Loring$1.19M Upperville$1.14M Vienna$1.13M Middleburg$1.11M Aldie$1.08M

Full Richmond, VA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Richmond, VA metro.

View Richmond, VA metro

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Petersburg, VA