Petersburg, TN 37144 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Petersburg, TN—37144

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$297,000

3.2% YoY Growth

Household Income

$66,000

31.6% YoY Growth

Days on Market

69

1.0% Longer YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Petersburg, TN

Petersburg, TN lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$297,000	3.2%
Single Family	$297,000	3.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Petersburg, TN

Petersburg, TN lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

1 Bedroom

11.1%

2 Bedrooms

31.6%

3 Bedrooms

44.4%

4 Bedrooms

11.6%

5+ Bedrooms

1.3%

Property Listings — Petersburg, TN

As of Dec '25, Realtor.com reports that the median days on market for a home in Petersburg, TN is 71. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$359,000	-23.0%
Listing Count	12	9.0%
Listings as % of Homes	0.6%	9.0%
Days on Market	69	1.0%

Loading chart...

Demographics — Petersburg, TN

As of the latest ACS Survey released in 2023, Petersburg, TN has a population of 2,940, which has decreased by -7.9% over the past 5 years. Petersburg, TN is a moderately popular place for families, as children make up 17.6% of the population. The area has a poorly educated workforce, with 17.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,940	-7.9%
% Under 18	17.6%	-27.9%
% Seniors	20.6%	40.1%
% WFH	10.0%	203.0%
% w/ College Degree	17.4%	30.8%

Loading chart...

As of the latest ACS Survey released in 2023, Petersburg, TN is a predominantly white area, with 85.9% of the population identifying as white. The white population has shrunk by 10.3% in the last 5 years. The second most common race or ethnicity in Petersburg, TN is hispanic, making up 6.7% of the population. Foreign-born residents account for 4.0% of the population in Petersburg, TN, and this percentage has increased by 566.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	85.9%	-10.3%
% Black	1.8%	-37.9%
% Hispanic	6.7%	∞%
% Asian	0.4%	∞%
% Foreign Born	4.0%	566.7%

Loading chart...

Mortgage and Risk — Petersburg, TN

According to HUD data as of 2023, there were 50 mortgage originations in Petersburg, TN, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Petersburg, TN. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	50
% Conventional Loans	58.0%
% Government Loans	42.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	16.0%

Loading chart...

Rentals and Section 8 — Petersburg, TN

Petersburg, TN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	21
Total Units Section 8	1
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$820
2 Bedroom	N/A	N/A	$920
3 Bedroom	N/A	N/A	$1,230
4 Bedroom	N/A	N/A	$1,340

Petersburg, TN—37144

Key Metrics at a Glance

Home Price Trends — Petersburg, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Petersburg, TN

% of Rental Stock

Property Listings — Petersburg, TN

Demographics — Petersburg, TN

Race and Ethnicity

Mortgage and Risk — Petersburg, TN

Mortgages

Rentals and Section 8 — Petersburg, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Petersburg, TN

Home Price to Income Ratio

Petersburg, TN — ZIP Code Boundary Map

Nearby ZIP Codes

Belfast, TN

Fayetteville, TN

Cornersville, TN

Lewisburg, TN

Shelbyville, TN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4
Median Home Price	$297,000
Median Household Income	$66,000

Petersburg, TN—37144

Key Metrics at a Glance

Home Price Trends — Petersburg, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Petersburg, TN

% of Rental Stock

Property Listings — Petersburg, TN

Demographics — Petersburg, TN

Race and Ethnicity

Mortgage and Risk — Petersburg, TN

Mortgages

Rentals and Section 8 — Petersburg, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Petersburg, TN

Home Price to Income Ratio

Petersburg, TN — ZIP Code Boundary Map

Nearby ZIP Codes

Belfast, TN

Fayetteville, TN

Cornersville, TN

Lewisburg, TN

Shelbyville, TN

Frequently Asked Questions

What is the average home price in Petersburg, TN 37144?

How have home prices in Petersburg, TN 37144 changed over the past year?

What is the home price projection for Petersburg, TN 37144?

What are the demographics of Petersburg, TN 37144?

How long does it take homes to sell in Petersburg, TN 37144?

What is the average rent price in Petersburg, TN 37144?