Why Live in Peter Paul
Peter Paul, a small urban enclave in Richmond, is home to just over 530 residents. This strictly residential neighborhood features modest single-story homes, including Cape Cods, bungalows, and ranch-style houses on generous lots. The area is often considered an extension of the nearby Church Hill neighborhood, known for its walkability and trendy shops and eateries, located about 1 mile away. The median home price in Peter Paul is around $191,000, significantly lower than Richmond's average. While the neighborhood's homes move slower on the market, it offers a variety of options from older two-bedroom cottages to remodeled four-bedroom dwellings.
Peter Paul is approximately 4 miles from Virginia Commonwealth University, known for its art and medical programs. Local amenities include Lucks Field Playground, which features a walking path, sports courts, a baseball field, fitness stations, and a playground. In the summer, residents can cool off at the Fairmount Pool, a large community pool open to the public. Nearby stores include The Market at 25th and Family Dollar, with dining options like Rise Café, Pizza Bones, and Sub Rosa Bakery located a few miles away.
Peter Paul is close to Interstates 64 and 95, with downtown Richmond about 2 miles away and Richmond International Airport 8 miles east. Public transportation is accessible via GRTC buses. Community initiatives through the Peter Paul Development Center aim to support families and create safe spaces for kids.
Home Trends in Peter Paul, VA
On average, homes in Peter Paul, Richmond sell after 350 days on the market compared to the national average of 70 days. The median sale price for homes in Peter Paul, Richmond over the last 12 months is $415,246, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$415,246
Median Single Family Sale Price
$415,246
Median 2 Bedroom Sale Price
$415,246
Average Price Per Sq Ft
$263
Number of Homes for Sale
2
Last 12 months Home Sales
7
Median List Price
$415,246
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%