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Petersburg city, VA

ZIP 23805 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 23805

Median Home Value
$208,200
Median Rent
$1,021
Affordability Snapshot
$57,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,337/mo PITI).

19%
Rent-to-Income Ratio

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

3.2x
Home Price-to-Income Ratio

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

17.0 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 23805 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 $1,337. That sits below the local median household income ($65,811), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
58.2%-11% vs US avg
x
Vacancy Rate
7.3%-29% vs US avg
x
Broadband Access
90.6%+4% vs US avg
x
4+ Bedrooms
3.7%-75% vs US avg
x
Built Pre-1939
6.8%-47% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
23.3%-53% vs US avg
x
Mortgage-Free
28.7%-25% vs US avg
x
$208,200
Home Value
$1,021
Rent
1975
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached70.0%
  • 1-unit attached1.0%
  • 2-9 units14.7%
  • 10+ units13.3%
  • Mobile home & other1.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$208,200
Median rent$1,021
Owner-occupied58.2%
Vacant7.3%
Price-to-income3.2x
Est. income to buy$57,000