Is Petersburg, VA 23803 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Petersburg is a seller’s market. With about 3.2 months of supply and 25% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.2Under 4 months = seller’s market

Sold above original list24.8%Share of sales, last 3 months

Median sale-to-list98.9%Sold price ÷ list price

Median days on market26Listing to accepted offer

Median price per sq ft$183▲ +9.6% vs. last year

Run the numbers for 23803

Prefilled for 23803Can I win this house?Multiple-offer likelihood for a listing Prefilled for 23803Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Carson 23830Seller’s market $196 /sq ft Church Road 23833Seller’s market $239 /sq ft Dewitt 23840Buyer’s market $201 /sq ft Dinwiddie 23841Balanced $256 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology