Home Values

Powhatan Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Powhatan is $133, which is higher than the Richmond Metro average of $117. The median price of homes currently listed in Powhatan is $298,000 while the median price of homes that sold is $206,200. The median rent price in Powhatan is $1,250, which is higher than the Richmond Metro median of $1,050.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Powhatan is 5.0%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Powhatan homeowners underwater on their mortgage is 16.9%, which is lower than Richmond Metro at 21.4%.

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Relative ZHVI
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Powhatan Market Overview

Data through Jan 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $298,000 Median listing price
  • $206,200 Median sale price (Dec 31, 2014)
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Powhatan Market Health

Data through Jan 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 16.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

4.4 homes Richmond Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Moseley $336,100
Rockville $270,900
Midlothian $255,200
Name Median ZHVI
Montpelier $253,600
Tuckahoe $249,000
Chesterfield $218,400
Name Median ZHVI
Bon Air $207,700
 
 

Listings & Sales

Data through Jan 31, 2015
  • $133 Median list price / sq ft
  • $117 Median sale price / sq ft (Dec 31, 2014)
  • No data Listings with price cut
30.6%
Sold below listing
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Powhatan Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,476 Powhatan
    $1,332 Richmond Metro
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $1,250 Rent list price
  • $0.74 Rent list price / sq ft
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