The story of this market
The typical home in ZIP 23139 sells for about $540,000, or $238 per square foot.
Prices are up +7.9% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $1,181 a month.
ZIP 23139 — Powhatan
The housing market in 23139 is highly competitive, characterized by rising home values and limited inventory. Strong buyer demand, particularly for single-family homes, continues to drive price appreciation despite broader economic shifts. The area remains a popular choice for families seeking space within commuting distance of Richmond.
This ZIP is best suited for family buyers and those seeking a quieter, rural-suburban lifestyle with more space, while still maintaining access to the Richmond metro area.
Median prices moved up 7.9% year over year.
Homes spend a median of 34 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 4.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 23139, Powhatan County VA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by Powhatan County Public Schools, which generally maintains a positive reputation within the region.
The area is experiencing steady residential development momentum as a growing exurb of the Richmond metropolitan area.
Property taxes are assessed by Powhatan County based on fair market value; specific district rates and exemptions are managed at the county level.
Residents primarily commute by car toward the Richmond employment core, with travel times varying based on proximity to major highway corridors.
The area features rural landscapes, local parks, and proximity to outdoor recreation, with limited high-density shopping districts within the immediate ZIP.
The rental market is limited, with a very low renter share as the area is predominantly owner-occupied.
The economy is largely driven by the broader Richmond metropolitan labor market, with local employment centered on services, education, and government.
Transportation is heavily reliant on private vehicle use, with access to Richmond via major regional highways.
Development is characterized by low-density residential expansion and infrastructure improvements to support the growing population.
The Powhatan County Commissioner of the Revenue oversees the assessment of real property at fair market value.
Parcels are subject to Powhatan County tax levies and regional school district funding requirements.
Data retrieved from US Census Bureau and county-level aggregations.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides extensive trails and river access along the James River.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.