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Petersburg, VA Real Estate


According to census data in the year 2000 there were 15,955 housing units in Petersburg. This represents a 1.5% decline from 16,196 in 1990.

Of those housing units, 15,554 were located in either urbanized areas or urban clusters, and 401 were located in what is classified as a rural area.

Homeownership rate in Petersburg is about 51.5%. Petersburg's vacancy rate, including seasonal lodging, is about 13.5%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Petersburg were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom13.20%
Two Bedrooms36.50%
Three Bedrooms36.60%
Four Bedrooms10.40%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1959
Median Value of occupied units$68,600
Median Price asked for vacant units$71,600

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1968
Median Monthly Rent asked for vacant units$353

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage9.90%
Home Equity Loan7.50%
Simple Mortgage50.30%
Debt Free32.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.6%