Home Values

23803 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in 23803 is $78, which is higher than the Petersburg average of $77. The median price of homes currently listed in 23803 is $109,900 while the median price of homes that sold is $114,000. The median rent price in 23803 is $800, which is lower than the Petersburg median of $820.

Foreclosures will be a factor impacting home values in the next several years. In 23803 3.7 homes are foreclosed (per 10,000). This is lower than the Petersburg value of 4.0 and also lower than the national value of 3.9

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 23803 homeowners underwater on their mortgage is 30.8%, which is lower than Petersburg at 31.7%.

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Relative ZHVI
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23803 Market Overview

Data through Feb 28, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $109,900 Median listing price
  • $114,000 Median sale price (Jan 31, 2015)
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23803 Market Health

Data through Feb 28, 2015
  • 4.4/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 30.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

3.7 homes 23803
4 homes Petersburg
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
23838 $267,300
23836 $205,000
23831 $186,400
Name Median ZHVI
23832 $182,400
23237 $142,700
23234 $128,100

Listings & Sales

Data through Feb 28, 2015
  • $78 Median list price / sq ft
  • $90 Median sale price / sq ft (Jan 31, 2015)
  • 10.6% Listings with price cut
42.5%
Sold below listing
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23803 Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,060 23803
    $1,066 Petersburg
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $800 Rent list price
  • No data Rent list price / sq ft
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