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Median Home Price in Petersburg, VA

The median home value in Petersburg, VA is $253,907 as of 2026-06-30, up 2.44% from a year earlier.

Median Home Value

$253,907

Year-over-Year

+2.44%

Population

33,538

Petersburg ranks #47 of 62 Virginia cities tracked here by median home value, and sits 23.9% below the state's city median of $333,830. It sits in Dinwiddie County, where the county-wide median is $304,811.

Crime in Petersburg

Petersburg police recorded a violent crime rate of 1,044 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 2,889 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Petersburg

How much does a house cost in Petersburg, VA?

The median home value in Petersburg is $253,907. That's up 2.44% from a year earlier. That is about 23.9% below the typical county in Virginia.

Is Petersburg expensive compared to the surrounding area?

Homes in Petersburg are cheaper than Dinwiddie County as a whole, where the median is $304,811 — a difference of about 16.7%.

Is Petersburg a safe place to live?

Petersburg police reported 1,044 violent crimes per 100,000 residents, covering a population of about 33,538. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.