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.
See the full metro analysis: Richmond, VA stress score, crash risk, and 12-month forecast →
Home Value$237,967
-0.5%
Rent$1,322/mo
AFFORDABILITYRenting $177/mo cheaper ($1,322 rent)6.50% 30yr, 20% down, county tax + VA ins. 28% per HUD.
Enter your income for Petersburg.
$47,593 on $237,967
Affordable — 24% of income
Under the 28% guideline.
PITI$1,499
P/I24%
Afford$278K
Room+$40K
P&I $1,203Tax $163Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Virginia
Compare Petersburg with other housing markets across Virginia.
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 →