Petersburg & Chester, VA Homes & Neighborhoods

Living in Petersburg and Chester

Historic homes, real value and quick access to I-95 and Fort Lee

South of Richmond, Petersburg and Chester give buyers more home for the money and an easy commute up I-95. Petersburg has some of the best historic architecture in Virginia, and Chester offers established neighborhoods inside Chesterfield County.

Why people move to Petersburg and Chester

  • Value. More square footage for the money than most of the Richmond metro.
  • Commute. I-95, I-295 and Route 10 put downtown Richmond about 30 minutes away.
  • Military families. Close to Fort Lee, with Prince George and Hopewell right next door.
  • History and revitalization. Old Towne Petersburg has restored buildings, restaurants and a growing downtown.

Neighborhoods we get asked about most

  • Old Towne Petersburg. Historic downtown with lofts and restored homes.
  • Walnut Hill. Established Petersburg neighborhood with brick homes and tree-lined streets.
  • Chester. Chesterfield County schools and established neighborhoods near the Chester Village area.
  • Prince George. Newer construction close to Fort Lee.
  • Hopewell. Riverfront city with some of the most affordable homes in the region.

Buying with a VA loan? See how we help veterans and military families.

FAQ

Petersburg & Chester real estate questions

Is Chester in Petersburg?

No. Chester is an unincorporated community in Chesterfield County, north of the independent City of Petersburg. Chester homes pay Chesterfield County taxes ($0.89 per $100 of assessed value in 2026) and use Chesterfield County Public Schools; Petersburg homes pay city taxes and use Petersburg City Public Schools.

Where should I live if I'm stationed at Fort Lee?

Prince George, Petersburg, Colonial Heights, Hopewell, Chester and Dinwiddie are the common picks for short commutes to Fort Lee, which sits mostly in Prince George County. See our VA loan and military buyer guide.

What are the best neighborhoods in Petersburg?

Buyers ask us most about Old Towne Petersburg for historic homes and Walnut Hill for established neighborhoods with character.

Is Petersburg a good place to invest in real estate?

Many investors look at Petersburg and nearby Hopewell for lower purchase prices and rental demand tied to Fort Lee. Run the numbers on rents, taxes, insurance and repairs before you buy; we can help with comps and rent estimates.

Who can help me buy or sell in Petersburg or Chester?

One Dream Realty Group, a veteran-led team based in North Chesterfield, helps buyers, sellers, investors and military families across Petersburg, Chester and Prince George. Call One Dream Realty Group at 804-720-1286 or book a 30-minute call.

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Browse homes for sale in Petersburg, Chester, Prince George and Hopewell. Save the ones you like and we will set up alerts so you see new listings the day they hit the market.

Getting pre-approved first shows sellers you are ready and tells you exactly what you can spend. We can connect you with lenders we trust.

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Listing Alerts give you the edge over others looking to buy – once you register for Listing Alerts, an email is delivered straight to your inbox the moment a new property that matches your wish list criteria hits the market, enabling you to act fast.

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Selling in Petersburg or Chester?

Know your number before you list

Find out what your home is worth today with a free estimate, plus a local agent's pricing opinion.

Need to sell as-is or on a tight timeline? We can put a cash offer next to a listing price so you can compare. Get a cash offer.

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Talk to a Local Agent

Our office is on Courthouse Road

Whether you are moving across town, relocating, or coming in on PCS orders, we will help you figure out which area fits your life and budget.

Call 804-720-1286 or book a 30-minute call (Thursdays and Fridays, 9–11am).

Let's Connect
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Dustin Olverson

| One Dream Realty | eXp Realty

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