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Foreclosure Homes in Petersburg, VA

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5 Buckner-st-Petersburg-VA-23805
Preforeclosure NEW
$117,810 EMV

Buckner St
Petersburg, VA 23805

3 Bed | 1.5 Bath | 1,540 Sq. Ft.

Halifax-st-Petersburg-VA-23803
Preforeclosure
$65,960 EMV

Halifax St
Petersburg, VA 23803

3 Bed | 1 Bath | 1,536 Sq. Ft.

Forest-hills-rd-Petersburg-VA-23805
Preforeclosure
$226,610 EMV

Forest Hills Rd
Petersburg, VA 23805

6 Bed | 4 Bath | 3,462 Sq. Ft.

Southwood-dr-Petersburg-VA-23805
Preforeclosure
$132,600 EMV

Southwood Dr
Petersburg, VA 23805

3 Bed | 2 Bath | 1,458 Sq. Ft.

Northampton-rd-Petersburg-VA-23805
Preforeclosure
$173,570 EMV

Northampton Rd
Petersburg, VA 23805

3 Bed | 2 Bath | 2,300 Sq. Ft.

Ramblewood-rd-Petersburg-VA-23805
Preforeclosure
$152,065 EMV

Ramblewood Rd
Petersburg, VA 23805

3 Bed | 2.5 Bath | 1,734 Sq. Ft.

Columbia-rd-Petersburg-VA-23803
Preforeclosure
$95,540 EMV

Columbia Rd
Petersburg, VA 23803

3 Bed | 2 Bath | 1,032 Sq. Ft.

W-high-st-Petersburg-VA-23803
Preforeclosure
$245,720 EMV

W High St
Petersburg, VA 23803

High-st-Petersburg-VA-23803
Preforeclosure
$164,823 EMV

High St
Petersburg, VA 23803

6 Bed | 3 Bath | 4,844 Sq. Ft.

1 W-high-st-Petersburg-VA-23803
Short Sale
$36,000 List Price

W High St
Petersburg, VA 23803

2 Bed | 1 Bath | 1,436 Sq. Ft.

Displaying 1 - 10 of 39

Foreclosure Homes in Petersburg, VA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Petersburg, VA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Petersburg, VA and much more. Save thousands at closing with home foreclosure listings in Petersburg, VA — up to 75% off market value!


Top Reasons To Live In Petersburg, VA In 2021

Petersburg is located in Petersburg, Virginia, with an estimated municipal population of 31,346 residents. All of the best foreclosed homes for sale in Petersburg are located in the following zip code areas on Foreclosure.com: 23803 23805 23804. The estimated population per square kilometer (.62 miles) in Petersburg is 532.


Cost Of Living In Petersburg, VA

So, about how much do homes cost in Petersburg? The most recent median value of resident-owned homes in Petersburg is 111,612. An estimated 38.8 percent of households in Petersburg own their homes, with an average family size of 3.28. The median household income in Petersburg is 38,679, with10.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Petersburg, the median commute time of resident workers (in minutes) is 22.7. And last, but certainly not least, are you looking for homes to rent in Petersburg? If so, the average rent price paid by renters in Petersburg is 947, according to recent statistics.


Diversity And Demographics In Petersburg, Virginia

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Petersburg, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Petersburg is 38.1, split between 45.6 percent male versus 54.4 female. The percentage of residents who report being married in Petersburg is 25.3, with an average family size of 3.28.

The percentage of residents who report their race in Petersburg is as follows:

White 17.5%
Black / African American 76.7%
Asian 0.9%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 2.3%
Other 2.3%

Looking for family-friendly neighborhoods in and/or near Petersburg? Or maybe you are searching for 55+ active adult communities in and/or near Petersburg?

The percentage of residents who report their age in Petersburg is as follows:

Under 10 13.4%
Aged 10-19 9.7%
20s 16.9%
30s 12.1%
40s 10.5%
50s 13.5%
60s 13.1%
70s 6.4%
80+ 4.4%

Best Schools In Petersburg, Virginia

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Petersburg with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Petersburg.


Pros And Cons Of Living In Petersburg, Virginia

How do you know that living in -- or moving to -- Petersburg is right where you need to be? Perhaps you grew up in Petersburg or already live nearby; therefore, the decision to buy a home in Petersburg is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Petersburg for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Petersburg:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Petersburg.


Reasons To Move To Petersburg, Virginia, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Petersburg can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Petersburg, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Petersburg, VA

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