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Petersburg, VA 23803 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Petersburg, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 5454PendingPending sales: 66
Petersburg, VA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $270k$270kSoldMedian sold price (last 6 months): $235k$235k
What homes actually sell for in Petersburg, VA
Distribution of 344 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $150k to $310k
$60k to $106k: 26 sales$60k$106k to $151k: 48 sales$151k to $197k: 42 sales$151k$197k to $242k: 45 sales$242k to $288k: 55 sales55sales$242k$288k to $334k: 54 sales$334k to $379k: 26 sales$334k$379k to $425k: 13 salesMedian $235k

What the numbers say

As of October 26, 2026, Resideline is tracking 54 active listings and 6 pending sales in ZIP code 23803. That pending-to-active ratio of 0.11 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $269,950, while the median of the 344 closed sales Resideline tracked over the last six months was $235,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 23803 for 81 days.

Frequently asked questions

What is the median home price in 23803?

The median closed sale price in Petersburg, VA 23803 was $235,000 over the last six months, based on 344 closed sales tracked by Resideline. The middle half of those sales ranged from $150,000 to $309,999.

Is 23803 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 54 active listings in 23803, a pending-to-active ratio of 0.11. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 23803 is currently a typical-pace market.

Nearby ZIP code market data

Full Petersburg, VA housing market report →

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