Powhatan County's June First-Time Homebuyer Report

Powhatan County is an average-sized county in Virginia with a population of 28,046 residents. Also, it has an average density with 107.8 people per square mile. Its three largest zip codes are 23139, 23113, and 23120. With an ownership ratio of 83.7%, the vast majority of people in Powhatan County are homeowners. The top schools in the county are Bettie Weaver Elementary School, Midlothian Middle School, and James River High School.

Price Range

Some of the more expensive homes in Virginia are in Powhatan County with a median home value of $219,900 and an average list price for available homes currently at $218,465. 23113, 23120, and 23139 are the least costliest places in the county. In this week's report, the number of homes sold in the Powhatan County market dropped to 55 over the past 30 days, a decrease of 5.2% from last week's report, but still above the monthly average.

Typical Dwelling

A three-bedroom detached home valued around $264,022 is considered a typical dwelling in Powhatan County. If a buyer was looking for a similar home, they would need good credit and a $52,804 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,304 and the property tax rate is $7.10 per $1,000 of taxable assessed value.

Get started right now by checking out Powhatan County homes for sale or reviewing Powhatan County real estate trends.


Data reported through 6/15/2017

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Joyner Fine Properties
Snapped 5 homes in this area
BHG Base Camp
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Market Square Realty LLC
Snapped 1 home in this area

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