1

Petersburg, VA Townhome for Sale

Section Image
  • /16

    $139,000

    • 3 Beds
    • 1 Bath
    • 1,106 Sq Ft

    9 Jarratt Ct, Petersburg, VA 23803

    $10,000 closing cost with approved lender!!! This property does qualify for FHA Financing!!! Welcome to 9 Jarratt Court in Cedar Lawn West. This townhome boast over 1,100 square feet, New roof, Large living and Dining room, Galley Kitchen with gas cooking and with tons of kitchen storage space, Large Master Bedroom with semi-walk in closet, updated full bath. Fenced back patio. Located

    Michael Fant First Choice Realty

    9 Jarratt Ct, Petersburg, VA 23803

Why Live in Petersburg

Petersburg, Virginia, located 20 miles south of Richmond, is a small city undergoing significant revitalization. With a picturesque downtown near the Appomattox River, it attracts those interested in local food, art, and community. The city has seen a boost from Gov. Glen Youngkin’s Partnership for Petersburg, which includes over 40 initiatives aimed at improving various sectors, including retail and education. The potential installation of a casino, pending a public referendum in November 2024, could further enhance tax revenue and job creation. Petersburg's housing market features a mix of historic 1850s brick rowhouses, multi-unit buildings, and fixer-uppers, with single-owner properties being the majority. The city’s largest employers include Fort Gregg-Adams and Bon Secours Medical Hospital.

Petersburg offers a range of things to do, such as kayaking on Wilcox Lake at Legends Park, golfing at Dogwood Trace Golf Course, and enjoying fitness facilities at the renovated Petersburg Family YMCA. The downtown dining scene features comfort food at places like Alibi, Croaker’s Spot, and Saucy’s Sit-Down BBQ, while Trapezium Brewery and Demolition Coffee add to the local flavor. The monthly Friday for the Arts event showcases the city’s artistic side, with art walks and exhibits in Old Towne.

Transportation is facilitated by Crater Road, which connects to major commuter routes and retail areas, and the Petersburg Station bus depot, part of the downtown revitalization. The city has also focused on reducing crime, with a 20% increase in police staffing and a 33% reduction in the local crime rate from 2022 to 2023.

Home Trends in Petersburg, VA

Housing Trends

Median Sale Price
$248,575
Median Single Family Sale Price
$250,000
Median Townhouse Sale Price
$299,900
Median 2 Bedroom Sale Price
$192,000
Average Price Per Sq Ft
$168
Number of Homes for Sale
154
Last 12 months Home Sales
609
Months of Supply
3.00
Median List Price
$255,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
How to Buy a Home How to Finance a Home How to Sell a Home