Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Petersburg area can be challenging. Home prices in Petersburg are now at a median cost of $118,224, lower than the West Virginia average of $138,399.
The average cost of rent is $572/mo in Petersburg, primarily driven by the current value of real estate in the Petersburg area. While nearly 53.87% of residents own their homes outright in Petersburg, 31.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Petersburg is $3,687 per month. Households that rent pay about 15.51% of their income on rent here. Petersburg's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Town Hill, WV: higher priced homes
- Cabins, WV: higher priced homes
- Arthur, WV: equally priced homes
- Pansy, WV: equally priced homes
- Kline Gap, WV: higher priced homes
- Fisher, WV: higher priced homes
- Masonville, WV: equally priced homes
- Maysville, WV: equally priced homes
- Jordan Run, WV: higher priced homes
- Moorefield, WV: equally priced homes
Cities with Similar Populations
- Delmont, PA: higher priced homes
- Dearing, GA: equally priced homes
- Decherd, TN: higher priced homes
- Post, TX: less expensive homes
- Deephaven, MN: higher priced homes
- Deer Lodge, MT: higher priced homes
- Deer Park, IL: higher priced homes
- DeKalb, TX: less expensive homes
- Port Republic, MD: higher priced homes
- Port Monmouth, NJ: higher priced homes
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