Powell County by the Numbers
- Closed sales, last 90 days: 23
- Median sold price, last 90 days: $300,000
- Median price per square foot: $206
- Average days on market: not available
- Median sold price, prior 90 days: $311,500
- Quarter-over-quarter median price change: -3.7%
What the Numbers Mean
The Powell County housing market experienced a modest price adjustment over the past quarter, with the median sold price decreasing by 3.7% from $311,500 to $300,000. It is important to view these figures through the lens of a relatively small sample size, as the 23 closed sales recorded over the last 90 days represent a limited data set. In smaller rural markets, a few high-end or entry-level transactions can disproportionately influence median calculations, meaning these fluctuations may not necessarily signal a long-term trend. The price per square foot of $206 provides a baseline for evaluating property value, though buyers and sellers should recognize that this metric does not account for specific lot sizes, condition, or unique property features. Because average days on market is not available, we cannot definitively comment on the velocity of sales, though buyers should prepare for a measured environment where individual listing presentation remains critical.
For Buyers
- Prioritize thorough due diligence: With a limited number of recent sales, it is vital to have your property professionally inspected. Do not rely solely on median price trends to determine the value of a specific home.
- Monitor local inventory closely: In a market with a lower volume of closed sales, the right property may not remain on the market for long. Work with your agent to set up alerts for new listings that meet your specific criteria.
- Align your financing early: Since market dynamics can shift in areas with lower transaction volume, having your financing secured before making an offer can provide you with a significant advantage during negotiations.
For Sellers
- Price based on comparable properties: Given the 3.7% dip in the median sold price, current buyers are likely to be highly price-sensitive. Researching the specific sales that closed in your immediate area is more effective than relying on broad market averages.
- Focus on property presentation: Without current data on average days on market, you should assume that standing out to potential buyers is essential. Ensuring your home is clean, decluttered, and well-maintained is the most reliable way to maintain competitiveness regardless of general market trends.
- Maintain realistic expectations: If your property does not sell immediately, avoid drawing conclusions based on limited regional data. Adjust your strategy based on feedback from showings rather than reacting to general quarterly trends.
About This Report
This report is aggregated from regional MLS closed-sale data via a licensed feed and covers the report period of October 2026. Please be aware that past performance does not guarantee future results.