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Living in Powhatan, VA

Powhatan, VA, offers a tranquil rural environment that combines natural beauty with community warmth. With a range of outdoor activities and local businesses, it is an ideal place for families and those seeking a peaceful lifestyle. The area's appreciation for nature and community events creates a welcoming atmosphere for new residents.

Current Market Conditions in Powhatan, VA

Powhatan's real estate market has seen steady growth over the past few years, driven by increasing demand for homes in picturesque rural settings. Home prices have appreciated as more buyers are drawn to the quality of life and attractive homes in the area.

The current market exhibits a low inventory of homes available for sale, coupled with high buyer interest. This dynamic has created a competitive environment, often resulting in homes selling above asking price. With ongoing development and improvements in local infrastructure, Powhatan's real estate market is expected to continue its upward trend.

Home Value Estimator For Powhatan, VA

There are currently 9,758 real estate properties in Powhatan, VA, with a median automated valuation model (AVM) price of $466,122.00. 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 $525,231.00, with the most expensive house in Powhatan, VA, topping out at $6,774,057.00 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 Search Results


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