Current Price

$235,295

1 Month Forecast

â–² $245,555

1-Year Forecast *

â–² $266,442

5-Year Forecast *

â–² $315,241

"Is it a good time to buy homes in Petersburg?" "Does investing in real estate in Petersburg (Virginia State, Dinwiddie County) worth it?" According to our live Forecast System, buying a house in Petersburg is a good short-term (1-year) investment*. The Petersburg average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Petersburg" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Petersburg in Virginia State, Dinwiddie County. If you are looking for homes for sale with good flipping profit, Petersburg can be a profitable property investment option. The median price of an average house in Petersburg was 235,295 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Petersburg" area is 315,241 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +33.98% meaning that investing 100000 USD today may yield a profit of 33,977 USD by 2031.

Current Median Listing Price: 235,295 USD Median Listing Price Per Square Foot: 131 USD

Petersburg Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Petersburg (Virginia State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Petersburg Price Target

Petersburg median home price target in 12 months: $266,442* (upside of 13.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $246,945 $243,388 $243,388 $247,974
2024 $225,499 $235,295 $225,499 $235,295
2023 $230,564 $225,459 $225,459 $233,466
2022 $166,358 $229,282 $166,358 $229,282
2021 $143,771 $163,136 $143,771 $163,136
2020 $124,876 $140,631 $124,876 $140,631
2019 $114,864 $123,679 $114,864 $123,679
2018 $104,092 $113,509 $104,092 $113,509
2017 $97,216 $103,257 $97,216 $103,257
2016 $87,444 $96,533 $87,444 $96,533
2015 $83,810 $87,031 $83,362 $87,031
2014 $81,833 $83,646 $81,201 $83,646
2013 $77,389 $81,936 $77,332 $81,936
2012 $73,457 $77,361 $0 $77,361

Questions & Answers about the Petersburg Housing Market Forecast

How much does an average home cost in Petersburg today?

The value of an average home (the listing price) in Petersburg is $235,295 USD.

What is the average price per square foot in Petersburg?

According to Walletinvestor the median price per square foot in Petersburg is 131 USD.

Will the median listing price of homes in Petersburg grow / rise / go up?

Yes. The Petersburg home prices may rise from 235,295 USD to 266,442 USD in one year.

Is it profitable to invest in Petersburg homes?

Yes. The long-term profit potential is +13.24% in one year.

Will Petersburg house prices fall / drop?

No. See above.

What is the predicted price of a Petersburg home in 2030?

The predicted home sales price of a Petersburg home in 2030 in Petersburg is 303,175 USD.

What is the predicted price of a Petersburg home in 2035?

The predicted home sales price of a Petersburg home in 2035 in Petersburg is 378,594 USD.

Will real estate prices decrease in Petersburg?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Petersburg is the 959. largest city in the United States, located in Virginia State.

During the last 12 months the real estate prices in Dinwiddie, Petersburg decreased, looking at the past 12 months.

According to Walletinvestor's Petersburg real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.047% to 235,295 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 13.078% in 2021
  • 12.268% in 2022
  • 14.288% in 2023
  • 13.028% in 2024
  • 13.388% in 2025
  • 14.548% in 2026

Based on our Petersburg real estate market research and report the predicted sales prices will increase by 246.661% in the next 10 years.

Over the last 12 months, the value of homes in Petersburg fluctuated: decreasing 4 times.

Petersburg (Virginia) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Petersburg Housing Market Forecast with Real Estate Prices for 2025
August 2025 245555 225420 265691
September 2025 247742 225446 270039
October 2025 249949 232702 267195
November 2025 251935 236063 267807
December 2025 252956 234743 271168
Petersburg Housing Market Forecast with Real Estate Prices for 2026
January 2026 253310 228486 278134
February 2026 254888 231438 278338
March 2026 257158 240700 273616
April 2026 259448 237655 281242
May 2026 261759 240295 283223
June 2026 264090 239794 288386
July 2026 266442 245127 287758
August 2026 268815 243815 293815
September 2026 271209 255208 287211
October 2026 273625 256113 291137
November 2026 276062 251216 300907
December 2026 278520 263480 293560
Petersburg Housing Market Forecast with Real Estate Prices for 2027
January 2027 281001 260488 301514
February 2027 283503 268761 298246
March 2027 286028 258570 313487
April 2027 288576 273281 303870
May 2027 290188 261169 319207
June 2027 290099 271823 308375
July 2027 290014 274643 305385
August 2027 290655 274379 306932
September 2027 292576 272388 312764
October 2027 293841 277680 310002
November 2027 293677 268127 319227
December 2027 292178 269388 314967
Petersburg Housing Market Forecast with Real Estate Prices for 2028
January 2028 290685 263361 318010
February 2028 289201 269824 308577
March 2028 287724 268734 306714
April 2028 286943 270875 303012
May 2028 286994 271210 302779
June 2028 288004 260932 315077
July 2028 289720 261038 318402
August 2028 291595 275557 307633
September 2028 293251 270084 316418
October 2028 294104 278516 309691
November 2028 294959 270772 319146
December 2028 295644 270219 321070
Petersburg Housing Market Forecast with Real Estate Prices for 2029
January 2029 296309 277345 315273
February 2029 297136 271285 322987
March 2029 298024 268519 327528
April 2029 299462 272810 326114
May 2029 302129 273125 331133
June 2029 303388 286095 320681
July 2029 303175 285288 321062
August 2029 301637 278109 325165
September 2029 300096 278490 321703
October 2029 298654 280138 317171
November 2029 298361 270912 325810
December 2029 301018 276937 325099
Petersburg Housing Market Forecast with Real Estate Prices for 2030
January 2030 303699 276366 331032
February 2030 306404 291083 321724
March 2030 308838 280116 337560
April 2030 310090 292415 327765
May 2030 310524 285061 335987
June 2030 312459 285275 339642
July 2030 315241 288761 341722
August 2030 318049 298648 337450
September 2030 320881 296494 345268
October 2030 323739 296545 350933
November 2030 326622 295920 357325
December 2030 329531 305476 353587
Petersburg Housing Market Forecast with Real Estate Prices for 2031
January 2031 332466 307864 357069
February 2031 335427 314966 355888
March 2031 338415 315402 361427
April 2031 341428 312748 370108
May 2031 344469 315534 373405
June 2031 347537 313478 381596
July 2031 350632 316972 384293
August 2031 353755 319087 388423
September 2031 355732 321937 389526
October 2031 355623 325395 385851
November 2031 355519 323166 387871
December 2031 356304 325662 386947
Petersburg Housing Market Forecast with Real Estate Prices for 2032
January 2032 358659 337498 379820
February 2032 360210 326350 394070
March 2032 360009 338409 381610
April 2032 358171 334173 382168
May 2032 356341 324983 387699
June 2032 354521 332896 376147
July 2032 352711 330490 374932

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.