23805, Petersburg, VA

The 23805 zip code of Petersburg, VA has a median home value of $141,000 and a median home equity of $86,000. This is significantly lower than the national median home value of $217,500 and the national median home equity of $142,700.

There are several factors that may contribute to the low home values in the 23805 zip code of Petersburg, VA. One reason may be that this area is not as affluent as other parts of Virginia. Additionally, there may be a lack of available homes for sale in this area, which could lead to higher demand and higher prices.

Despite these factors, there are still some homeowners in the 23805 zip code who are benefiting from rising home prices. Those who have been able to purchase their homes within the past few years may be seeing significant increases in their home equity values.