The Poore Team

Powhatan, VA

Single-Family Homes

Compass


Powhatan, VA

Wed Dec 17 2025
This week the median list price for Powhatan, VA is $595,000 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has decreased to 79. 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.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Powhatan, VA

Wed Dec 17 2025
This week the median list price for Powhatan, VA is $595,000 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has decreased to 79. 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.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Powhatan market.
Median List Price $595,000
Median Price of New Listings $450,000
Per Square Foot $251
Average Days on Market 91
Median Days on Market 63
Price Decreased 37%
Price Increased 0%
Relisted 15%
Inventory 79
Median Rent
Market Action 37
Slight Seller's Advantage

Despite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there’s a portion of the market being priced at a premium. You can investigate this condition in the quartile details.

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
$954,195 3,573 2.5 - 5 acres 4 3.5 0 0 2 91
$667,475 2,851 2.5 - 5 acres 4 2.5 0 0 1 66
$532,475 2,243 2.5 - 5 acres 4 2.5 7 3 3 42
$364,500 1,411 1 - 2.5 acres 3 2 35 2 1 35