foreclosure.com

Preforeclosure Homes in Petersburg, VA 23803

Search within map
Displaying 1 - 10 of 33

Living in Petersburg, VA

Petersburg, VA, offers a unique blend of history, culture, and community. Known for its historic significance, it features an array of museums and a vibrant downtown. With plenty of outdoor activities and accessible educational institutions, this city is perfect for families and professionals alike.

Current Market Conditions in Petersburg, VA

Petersburg's real estate market has shown stability over the past year, with home values experiencing a modest increase of approximately 5%. This trend is indicative of a growing interest in the area, as more people discover its historical charm and affordable housing options. Investors and homebuyers are particularly drawn to the city's rich cultural backdrop and the potential for growth as the city revitalizes its neighborhoods.

The rental market remains competitive as the city attracts new residents seeking budget-friendly accommodations. The demand for rental properties is keeping pace with the influx of potential buyers, ensuring a solid market for both homeowners and investors.

Home Value Estimator For Petersburg, VA

There are currently 10,288 real estate properties in Petersburg, VA, with a median automated valuation model (AVM) price of $197,729.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Petersburg, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Petersburg, VA, is $208,212.00, with the most expensive house in Petersburg, VA, topping out at $7,868,333.00 and the cheapest home in Petersburg, VA, clocking in at $16,339.00. In other words, there’s something for every potential homebuyer or savvy investor in Petersburg, VA!

Rent Prices In Petersburg, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Petersburg, VA, is on a rollercoaster ride. The average rent price in Petersburg, VA, is $1,083.00. Indeed, when looking to rent in Petersburg, VA, you can expect to pay as little as $600.00 or as much as $3,360.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Petersburg, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Petersburg, VA 23803 Preforeclosure Homes


Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2025. All Rights Reserved.