If you’re feeling grim about Richmond’s housing market, maybe give Petersburg a look.
Why it matters: The median sale price for a single family home there is $230,000 thus far this year, per the Richmond Association of Realtors data.
- That’s (literally) $200,000 less than the median sale price in metro Richmond and Richmond city.
Case in point: This 5,660-square foot beauty just hit the market in Petersburg right on Sycamore Street, its central see-and-be-seen street.
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- It has five bedrooms, five baths, a fully restored carriage house and a $725,000 price tag.
- Sure, $725,000 isn’t in our budget,…