Charlottesville, VA Housing Market & Real Estate

Balanced market-15.9% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Charlottesville, VA is $407,000, down 15.9% year-over-year. Homes sell in an average of 52 days with 80 active listings. The market is currently a balanced market.

$407,000median sale price

Is Charlottesville a buyer's or seller's market?

Balanced market3.1 months of supply52 avg. days on market

Charlottesville, VA is currently a balanced market, based on 3.1 months of supply and homes selling in about 52 days. How we determine this →

Homes sold

26

Last 12 weeks

Days on market

52

Average pace

Active listings

80

3.1 months supply

Sale-to-list

97.5%

Below asking

Charlottesville, VA market data

Current housing market statistics for Charlottesville, VA
MetricValue
Median sale price$407,000
Median list price$549,900
Year-over-year price change-15.9%
Average days on market52 days
Active inventory80 listings
Months of supply3.1 months
Sale-to-list price ratio97.5%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Charlottesville housing market is currently classified as a balanced market with a median sale price of $407,000. Prices have fallen 15.9% compared to last year, with homes spending an average of 52 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Charlottesville

There are currently 80 homes listed for sale in Charlottesville, Virginia. The median listing price is $550K.

Active listings

80

Homes on market

Median list price

$550K

Avg. days on market

52

Days until sale

New this week

57

Newly listed

Price drops:16.3%of listings
Sale-to-list:97.5%

Top public schools in Charlottesville

31 schools tracked · 14,277 students

The largest public schools serving Charlottesville, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Albemarle High

Grades 9-12 · 2,005 students

Public

Charlottesville High

Grades 9-12 · 1,405 students

Public

Monticello High

Grades 9-12 · 1,204 students

Public

Mountain View Elementary

Grades PK-5 · 756 students

Public

Baker-Butler Elem

Grades PK-5 · 735 students

Public

Journey Middle

Grades 6-8 · 607 students

Public

Walker Upper Elementary

Grades 5-6 · 604 students

Public

Buford Middle

Grades 7-8 · 559 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Charlottesville?

The median home sale price in Charlottesville is $407,000, down 15.9% from last year.

How long do homes stay on market in Charlottesville?

Homes typically spend 52 days on market before going under contract.

Is Charlottesville a buyer's or seller's market?

With 3.1 months of supply, Charlottesville is currently a balanced market.

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