Blake and Ali Poore Team

Powhatan, VA

Single-Family Homes

Long & Foster Real Estate



Powhatan, VA

Mon May 17 2021
This week the median list price for Powhatan, VA is $459,950 with the market action index hovering around 67. This is an increase over last month's market action index of 65. Inventory has increased to 41. Click here to stay informed with the Powhatan market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Powhatan, VA

Mon May 17 2021
This week the median list price for Powhatan, VA is $459,950 with the market action index hovering around 67. This is an increase over last month's market action index of 65. Inventory has increased to 41. Click here to stay informed with the Powhatan market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Powhatan market.
Median List Price $459,950
Median Price of New Listings $417,450
Per Square Foot $185
Average Days on Market 65
Median Days on Market 14
Price Decreased 22%
Price Increased 7%
Relisted 5%
Inventory 41
Median Rent
Market Action 67
Strong Seller's Market

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
$924,925 4,846 5 - 10 acres 4 4 14 1 1 28
$599,950 3,229 2.5 - 5 acres 4 3 0 2 2 35
$442,475 2,562 2.5 - 5 acres 3 2 33 7 8 0
$249,000 1,632 1 - 2.5 acres 3 2 37 6 4 0