Home › Counties › Petersburg City, VA
The median home value in Petersburg City, VA is $199,069 as of 2026-08-31, up 0.74% from a year earlier.
Median Home Value
$199,069
Year-over-Year
+0.74%
National Rank
#1948 of 3071
Petersburg City ranks 105th out of 133 counties in VA by median home price, and is -15.3% below the U.S. national median of $235,072. Within VA, the typical county has a median home value of $307,999, making Petersburg City -35.4% below the VA state median.
The typical home value decreased by 1.1%, from $201,188 in May 2026 to $199,069 in Aug 2026.
Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.
| Month | Typical home value | Year-over-year change |
|---|---|---|
| May 2026 | $201,188 | -1.1% |
| Jun 2026 | $201,980 | -0.3% |
| Jul 2026 | $203,315 | +0.3% |
| Aug 2026 | $199,069 | +0.7% |
Households here earn a median of $50,698 a year against a typical home value of $199,069 — a price-to-income ratio of 3.9×, above the 3× level usually considered comfortable, but below 5×. That is less affordable than roughly 61% of U.S. counties. (How this is calculated.)
The median home value in Petersburg City is $199,069. That's up 0.74% from a year earlier. That is about 15.3% below the U.S. national county median of $235,072, and makes Petersburg City the 105th most expensive of 133 counties in Virginia.
Median household income here is $50,698, so a typical home costs about 3.9× annual household earnings — moderately expensive compared with other U.S. counties.
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