The Poore Team
Powhatan, VA
Single-Family Homes
Compass
Powhatan, VA
Tue Oct 27 2026
This week the median list price for Powhatan, VA is $649,000 with the market action index hovering around 32. This is less than last month's market action index of 35. Inventory has increased to 127.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Real-Time Market Profile
| Median List Price | $649,000 | |
| Median Price of New Listings | $589,000 | |
| Per Square Foot | $255 | |
| Average Days on Market | 84 | |
| Median Days on Market | 56 | |
| Price Decreased | 42% | |
| Price Increased | 1% | |
| Relisted | 14% | |
| Inventory | 127 | |
| Median Rent | ||
| Market Action | 32 | |
| Slight Seller's Advantage | ||
The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,012,000 | 3,926 | 2.5 - 5 acres | 4 | 3.5 | 9 | 2 | 2 | 73 |
| $721,975 | 2,813 | 2.5 - 5 acres | 4 | 3 | 2 | 2 | 2 | 70 |
| $549,000 | 2,259 | 2.5 - 5 acres | 4 | 2.5 | 27 | 3 | 1 | 59 |
| $399,000 | 1,689 | 1 - 2.5 acres | 3 | 2 | 42 | 2 | 2 | 42 |