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Powhatan, VA 23139 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Powhatan, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.25
ActiveActive listings: 4040PendingPending sales: 1010
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): $642k$642kSoldMedian sold price (last 6 months): $490k$490k
What homes actually sell for in Powhatan, VA
Distribution of 247 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $387k to $700k
$225k to $314k: 14 sales$225k$314k to $402k: 45 sales$402k to $491k: 53 sales53sales$402k$491k to $580k: 28 sales$580k to $669k: 28 sales$580k$669k to $758k: 20 sales$758k to $846k: 16 sales$758k$846k to $935k: 18 salesMedian $490k

What the numbers say

As of October 26, 2026, Resideline is tracking 40 active listings and 10 pending sales in ZIP code 23139. That pending-to-active ratio of 0.25 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $642,475, while the median of the 247 closed sales Resideline tracked over the last six months was $489,950. 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 90 days.

Frequently asked questions

What is the median home price in 23139?

The median closed sale price in Powhatan, VA 23139 was $489,950 over the last six months, based on 247 closed sales tracked by Resideline. The middle half of those sales ranged from $387,000 to $699,900.

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

Resideline is currently tracking 10 pending sales against 40 active listings in 23139, a pending-to-active ratio of 0.25. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 23139 is currently a faster-moving market.

Nearby ZIP code market data

Full Powhatan, VA housing market report →

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