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Powhatan, VA 23139 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Powhatan, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.17
ActiveActive listings: 4242PendingPending sales: 77
Powhatan, VA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $578k$578kSoldMedian sold price (last 6 months): $485k$485k
What homes actually sell for in Powhatan, VA
Distribution of 270 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $387k to $697k
$230k to $318k: 14 sales$230k$318k to $406k: 53 sales$406k to $494k: 60 sales60sales$406k$494k to $582k: 32 sales$582k to $671k: 27 sales$582k$671k to $759k: 21 sales$759k to $847k: 18 sales$759k$847k to $935k: 18 salesMedian $485k

What the numbers say

As of October 5, 2026, Resideline is tracking 42 active listings and 7 pending sales in ZIP code 23139. That pending-to-active ratio of 0.17 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $578,000, while the median of the 270 closed sales Resideline tracked over the last six months was $485,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 23139 for 72 days.

Frequently asked questions

What is the median home price in 23139?

The median closed sale price in Powhatan, VA 23139 was $485,000 over the last six months, based on 270 closed sales tracked by Resideline. The middle half of those sales ranged from $387,000 to $697,000.

Is 23139 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 42 active listings in 23139, a pending-to-active ratio of 0.17. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 23139 currently looks like a balanced market.

Nearby ZIP code market data

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