Market Trends: 5/24/2013
Powhatan
Market Snapshot
Total Properties Listed:
384
Month-Over-Month Change: +1.05%
Average List Price:
$272,056
Month-Over-Month Change: +.2%
Median List Price:
$189,500
Month-Over-Month Change: +5.32%
Typical Property
Single-Family Home
3.65 Bedrooms
2.82 Baths
$272,056 Average List Price
$142/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
N/A
2 Bedrooms:
$148,356
3 Bedrooms:
$326,062
4 Bedrooms:
$390,671
5 Bedrooms:
$745,615
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Powhatan, VA Real Estate:
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About Powhatan
Powhatan County, VA combines rural and suburban settings in the early 21st century. Located southwest of Richmond along U.S. Route 60 in the Richmond-Petersburg region, it is adjacent to Cumberland, Goochland, Amelia and Chesterfield counties. As of the 2000 census, the population was 22,377. County residents love the peaceful country living, and with the addition of Westchester Commons, an upscale pedestrian mall at Rt. 288 and Midlothian Turnpike, they sacrifice none of the conveniences of suburban life without the hassle of suburban sprawl. Powhatan will suit the history buff. Before the arrival of Europeans in the 17th century, the area was populated by Native Americans, notably the Monacan tribe. In May 1777, the Virginia General Assembly created Powhatan County out of land from the eastern portion of Cumberland County between the Appomattox and James Rivers. The County was named in honor of Chief Powhatan, father of Pocahontas. Around the turn of the 18th century, a group of French Huguenot refugees fleeing religious persecution arrived. As the tobacco plantations were dependent upon shipping, the area above the head of navigation at the fall line of the James River had not yet been settled. They settled in the area west of what became Richmond, choosing Manakintown, a former Monacan village located near present-day State Route 288 and State Route 711.