Petersburg, VA Real Estate
According to census data in the year 2000 there were 15,955 housing units in Petersburg.
This represents a 1.5% decline from 16,196 in 1990.
Of those housing units, 15,554 were located in either urbanized areas or urban clusters, and 401 were located in what is classified as a rural area.
Homeownership rate in Petersburg is about 51.5%.
Petersburg's vacancy rate, including seasonal lodging, is about 13.5%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Petersburg were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 13.20% |
| Two Bedrooms | 36.50% |
| Three Bedrooms | 36.60% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $68,600 |
| Median Price asked for vacant units | $71,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $353 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 9.90% |
| Home Equity Loan | 7.50% |
| Simple Mortgage | 50.30% |
| Debt Free | 32.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.6% |
