23803 — Petersburg, VA Home Values
Typical home value $240,815 as of July 2026 · 82nd of 88 in Richmond, VA
Blue: typical home value (Zillow ZHVI) in ZIP code 23803, July 2021 to July 2026. This page shows observed data only; no forecast.
How 23803 compares in the Richmond, VA area
ZIP code 23803 (Petersburg, VA) has a typical home value of $240,815 as of July 2026, ranking 82nd of 88 ZIP codes tracked in the Richmond, VA area, more expensive than about 8% of ZIP codes in the metro. Prices here have moved +2.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +52.9%, from $157,480 in July 2021 to $240,815 in July 2026. Against observed rent, the typical home here sells for 15.4× the annual rent ($1,306/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Richmond, VA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Richmond.
Population and demographics
ZIP code 23803 has a population of 41,794, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 59.4% Black or African American, 31.4% White, 5.1% Hispanic or Latino, 3.1% two or more races, 0.6% Asian, and 0.3% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Southside Va Training Ctr | Bldg 120, Petersburg, VA | 1 mi |
| Central St. Hosp. Ed. Pr. | West Washington St Extended, Petersburg, VA | 1.2 mi |
| Matoaca Elementary | 6627 River Rd, South Chesterfield, VA | 1.3 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 23803?
$240,815 as of July 2026, the latest month Zillow has published observed data for.
Is 23803 an expensive ZIP code in the Richmond, VA area?
23803 ranks 82nd of 88 ZIP codes in the Richmond, VA area by typical home value, more expensive than about 8% of ZIP codes in the metro.
How much have home values in 23803 changed over the past year?
+2.5% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 23803?
The typical home price is 15.4× the observed annual rent in this ZIP code ($1,306/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 23803?
41,794, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 23803?
Southside Va Training Ctr (1 mi), Central St. Hosp. Ed. Pr. (1.2 mi), Matoaca Elementary (1.3 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 23803?
No. Every number on this page is observed Zillow data as of July 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Richmond, VA forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.