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Preforeclosure Homes in Petersburg, VA 23803

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Petersburg, VA Foreclosures

How much do homes sell for in Petersburg, VA?
The average home price is currently $208,212.
In Petersburg, VA, how many homes are available?
There are currently 29 active home listings available in Petersburg.
What’s the average rental cost in Petersburg, VA?
The average rental price in Petersburg is $1,083.
What is the most expensive home in Petersburg?
The most expensive home sold in Petersburg had a price of $7,868,333.
What is currently the cheapest priced home in Petersburg, VA?
The cheapest home for sale in Petersburg is priced at $16,339.

Living in Petersburg, VA

Petersburg, VA is a charming historic city with a rich Civil War history and a revitalized downtown. It offers a mix of cultural experiences, outdoor activities, and community-oriented living, making it an attractive place for families and professionals alike.

Current Market Conditions in Petersburg, VA

The real estate market in Petersburg has seen a steady increase in demand over the past few years, attributed to its historical significance and affordable housing compared to the nearby Richmond area. There is a growing interest from homebuyers looking for more space and a quieter lifestyle. However, as the interest in the area rises, home prices are expected to follow suit, creating a competitive market for potential buyers.

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


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