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📍 Petersburg, TX · Zillow ZHVI · July 2026

Average Home Price in
Petersburg, TX

Plainview, TX metro area · Hale County County

Median Home Value
$96,476
↑ 1.7% year-over-year
vs. National Median
$410,000
Petersburg is 76% below
Est. Monthly Payment
$503/mo
20% down · 6.8% rate
Income Needed
$26K
gross annual (30% rule)
Median Home Value
$96,476
↑ 1.7% year-over-year
Down Payment (20%)$19,295
Monthly P&I$503/mo
With Taxes & Ins.~$639/mo
Income Needed$25,560/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Petersburg, TX

The median home value in Petersburg, TX is $96,476 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.7% compared to a year ago and down 5.4% from two years prior.

Compared to the U.S. national median of $410,000, homes in Petersburg are priced76% below average. Petersburg is part of the Plainview, TX metro area.

City Comparison

Petersburg vs. National Median

🏠 Petersburg
$96,476
National Median
$410,000

At $96,476, homes in Petersburg cost 76% below the national median of $410,000. This makes Petersburg a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Petersburg?

20% Down Payment
$19,295
on $96,476
Monthly P&I
$503/mo
30-yr @ 6.8%
Total Monthly Est.
~$639/mo
incl. taxes & insurance
Income Needed
$25,560
gross annual (30% rule)
10% Down Option
$9,648
+ PMI applies
Loan Amount (20% dn)
$77,181
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Petersburg, TX?
The median home value in Petersburg is $96,476 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.7% year-over-year.
How much have home prices changed in Petersburg?
Over the past year, home values in Petersburg have increased by 1.7%.
How much do I need to earn to buy a home in Petersburg?
To comfortably afford the median home price of $96,476 with a 20% down payment ($19,295) at today's rates (6.8%), you'd need a gross annual income of approximately $25,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Petersburg compare to the national average home price?
The national median home value is approximately $410,000. At $96,476, homes in Petersburg are 76% below the national average.
What metro area is Petersburg part of?
Petersburg is part of the Plainview, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.