Land and home values in Petersburg, VA
Petersburg is a city in Petersburg city, Virginia, home to about 33,537 people. Residential land runs about $3.50 per sq ft, the typical home is worth about $214,000, and a 2-bedroom rents for about $1,360 a month, as of October 12, 2026.
Open on the satellite mapAsk us on WhatsAppValues in Petersburg
| Land: residential | $3.50 | per sq ft |
| Land: residential | $152,634 | per acre |
| Land: quarter-acre lot | $38,159 | 10,890 sq ft |
| Home: typical (median) | $214,000 | value |
| Home: entry-level | $93,900 | lower quartile |
| Home: upper-end | $355,000 | upper quartile |
| Build new | $157 | per sq ft, no land |
| Rent: 1-bedroom | $1,210 | per month |
| Rent: 2-bedroom | $1,360 | per month |
| Rent: 3-bedroom | $1,690 | per month |
| Rent: 4-bedroom | $2,080 | per month |
| Gross yield, 2-bed | 7.6% | a year |
Questions people ask
How much is land worth in Petersburg, VA?
Residential land in Petersburg, VA is about $3.50 per square foot, or $152,634 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $38,159. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Petersburg, VA?
The typical (median) home in Petersburg, VA is worth about $214,000, with entry-level homes around $93,900 and upper-end homes around $355,000, as of October 2026.
How much is rent in Petersburg, VA?
A 2-bedroom rents for about $1,360 a month in Petersburg, VA, a 1-bedroom about $1,210 and a 3-bedroom about $1,690 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.