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Bankruptcy Homes in Powhatan, VA 23139

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Powhatan, VA Foreclosures

How much do homes sell for in Powhatan, VA?
The average home price is currently $521,315.
In Powhatan, VA, how many homes are available?
There are currently 47 active home listings available in Powhatan.
What’s the average rental cost in Powhatan, VA?
The average rental price in Powhatan is $1,621.
What is the most expensive home in Powhatan?
The most expensive home sold in Powhatan had a price of $4,922,097.
What is currently the cheapest priced home in Powhatan, VA?
The cheapest home for sale in Powhatan is priced at $42,072.

Living in Powhatan, VA

Powhatan, VA, is a quaint, rural area just outside of Richmond, offering a serene environment with stunning natural beauty. The community is family-friendly and rich in recreation options, including parks and trails. Proximity to major highways enhances commuting ease, making Powhatan an attractive suburban alternative for urban dwellers.

Current Market Conditions in Powhatan, VA

The real estate market in Powhatan, VA, is currently experiencing a steady increase in home values due to the area's rising popularity among families and retirees. With its appealing rural charm and access to Richmond, the demand for homes has been consistent. Buyers are particularly interested in properties with larger plots of land, indicative of the shift towards more spacious living arrangements post-pandemic.

The inventory remains tight, leading to competitive bidding situations for desirable properties. Recently, new constructions have begun to sprout up in response to the demand, though these tend to be on larger lots. Potential investors are noticing the positive appreciation trends and exploring opportunities in this growing market.

Home Value Estimator For Powhatan, VA

There are currently 9,772 real estate properties in Powhatan, VA, with a median automated valuation model (AVM) price of $461,980.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Powhatan, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Powhatan, VA, is $521,315.00, with the most expensive house in Powhatan, VA, topping out at $4,922,097.00 and the cheapest home in Powhatan, VA, clocking in at $42,072.00. In other words, there’s something for every potential homebuyer or savvy investor in Powhatan, VA!

Rent Prices In Powhatan, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Powhatan, VA, is on a rollercoaster ride. The average rent price in Powhatan, VA, is $1,621.00. Indeed, when looking to rent in Powhatan, VA, you can expect to pay as little as $660.00 or as much as $3,720.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Powhatan, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Powhatan, VA 23139 Bankruptcy Homes

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