The Poore Team

Powhatan, VA

Single-Family Homes

Compass



Powhatan, VA

Sun Jul 06 2025
This week the median list price for Powhatan, VA is $699,475 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 86. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Powhatan, VA

Sun Jul 06 2025
This week the median list price for Powhatan, VA is $699,475 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 86. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Powhatan market.
Median List Price $699,475
Median Price of New Listings $482,500
Per Square Foot $251
Average Days on Market 93
Median Days on Market 42
Price Decreased 47%
Price Increased 2%
Relisted 8%
Inventory 86
Median Rent
Market Action 38
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
$1,152,500 3,803 5 - 10 acres 4 4 2 0 0 42
$814,950 3,226 2.5 - 5 acres 4 3.5 1 2 0 56
$630,000 2,622 1 - 2.5 acres 4 2.5 5 0 0 45
$435,000 1,750 1 - 2.5 acres 3 2 23 4 4 21