#2509773, Brittany Shields, Listing Office: Hometown Realty
Providence Forge Housing Market Report March 2025•New Kent County, Virginia
Housing Prices in Providence Forge, VA
How much do homes in Providence Forge, VA cost?
Housing Market Conditions
Is Providence Forge, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Providence Forge is a Buyer's Market
Difference Since March 2024
At the same time last year, Providence Forge was a Neutral Market.
Providence Forge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Providence Forge have sold for 10.6% less than they did a year ago.
Summary: The median home sold price in Providence Forge was $499,950 in March 2025, down 10.6% from last year, and the median price per square foot was $201.
Median Sold Price By Cities
City | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
New Kent | $357K | $424K | +18.8% |
Lanexa | $397.4K | $468.7K | +17.9% |
Providence Forge | $559.5K | $499.9K | -10.6% |
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $375K | $221.7K | -40.9% |
33 Bedrooms | $430K | $382.5K | -11.0% |
44 Bedrooms | $600K | $587K | -2.2% |
55+ Bedrooms | $595K | $658.9K | +10.7% |
Summary: Providence Forge housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -40.9%. The home price for 3 bedroom homes decreased by -11.0%. The home price for 4 bedroom homes decreased by -2.2%. The home price for 5 bedroom homes increased by +10.7%.
How does Providence Forge, VA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Providence Forge, VA
Housing supply in Providence Forge, VA
How many homes are available in Providence Forge, VA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
64Last MonthMar 2025 | ||
522 months agoFeb 2025 | +23.1 % Change MoMFeb – Mar |
Summary: The Providence Forge real estate market had 64 homes for sale in Mar 2025, a 23.1 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
9Last MonthMar 2025 | ||
42 months agoFeb 2025 | +125.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 0 | 1 | +100.0% |
33 Bedrooms | 12 | 18 | +50.0% |
44 Bedrooms | 24 | 26 | +8.3% |
55+ Bedrooms | 16 | 19 | +18.8% |
Summary: Providence Forge housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes increased by +8.3%. The inventory for 5 bedroom homes increased by +18.8%.
Asking Price vs. Sold Price
How much do homes in Providence Forge, VA cost?
Over Asking Price1 Home
At Asking Price3 Homes
Under Asking Price4 Homes
If you're buying a home in Providence Forge, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Providence Forge in March 2025, up by 125.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and and 13% were sold over asking.
Days on Market for Providence Forge, VA
How long does it take to sell a home in Providence Forge, VA?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days3 Homes
Over 90 Days2 Homes
Many homes in Providence Forge are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 9 homes were sold in Providence Forge; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
45 DaysThis YearMar 2025 | ||
68 Days1 year agoMar 2024 | -33.5 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Providence Forge had an average listing age of 45 days in Mar 2025, down by 33.5% compared to the previous year.
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Newest Listings in Providence Forge, VA
What homes are available in Providence Forge, VA?
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MLS Disclaimers and Copyright
Based on information from Central Virginia Regional MLS, and Real Estate Information Network for the period 04/01/2023 - 04/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/14/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Last updated on: 4/14/2025, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.