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Petersburg city, VA

ZIP 23803 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 23803

Median Home Value
$208,700
Median Rent
$873
Affordability Snapshot
$57,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,341/mo PITI).

19%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

19.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 23803 in Petersburg city, VA, a household would need roughly $57,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,341. That is roughly in line with the local median household income ($55,820). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 17% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
50.7%-23% vs US avg
x
Vacancy Rate
17.3%+68% vs US avg
x
Broadband Access
84.4%-3% vs US avg
x
4+ Bedrooms
2.1%-86% vs US avg
x
Built Pre-1939
5.4%-58% vs US avg
x
Built Post-2014
1.0%-85% vs US avg
x
Rent Burden >30%
29.5%-41% vs US avg
x
Mortgage-Free
33.1%-13% vs US avg
x
$208,700
Home Value
$873
Rent
1973
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached64.7%
  • 1-unit attached2.6%
  • 2-9 units13.9%
  • 10+ units14.0%
  • Mobile home & other4.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$208,700
Median rent$873
Owner-occupied50.7%
Vacant17.3%
Price-to-income3.7x
Est. income to buy$57,000