Market Overview
Home Prices in Powells Point, NC
The median home value in Powells Point, NC is $414,099 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.1% compared to a year ago and up 3.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Powells Point are priced1% above average. Powells Point is part of the Virginia Beach-Norfolk-Newport News, VA-NC metro area.
Over the past five years, Powells Point home values have risen by approximately39.7%, reflecting strong long-term appreciation in this market.
Price History
Powells Point Home Price Trend
City Comparison
Powells Point vs. National Median
At $414,099, homes in Powells Point cost 1% above the national median of $410,000. Buyers in Powells Point should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Powells Point?
20% Down Payment
$82,820
on $414,099
Monthly P&I
$2,160/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,743/mo
incl. taxes & insurance
Income Needed
$109,720
gross annual (30% rule)
10% Down Option
$41,410
+ PMI applies
Loan Amount (20% dn)
$331,279
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Powells Point, NC?
The median home value in Powells Point is $414,099 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.1% year-over-year.
How much have home prices changed in Powells Point?
Over the past year, home values in Powells Point have increased by 3.1%. Over five years, prices have risen approximately 39.7%.
How much do I need to earn to buy a home in Powells Point?
To comfortably afford the median home price of $414,099 with a 20% down payment ($82,820) at today's rates (6.8%), you'd need a gross annual income of approximately $109,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Powells Point compare to the national average home price?
The national median home value is approximately $410,000. At $414,099, homes in Powells Point are 1% above the national average.
What metro area is Powells Point part of?
Powells Point is part of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area. Home prices and market conditions can vary across the broader metro region.