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Featured local agent — University of Virginia, VA

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Sarah Mitchell

CNESRESABR

Compass Real Estate · University of Virginia, VA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

University of Virginia, VA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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University of Virginia, VA Housing Market & Real Estate

Seller's market-32.6% YoY

Housing market overview · Updated monthly ·

$430,000median sale price

How is the University of Virginia, VA housing market right now?

The median home sale price in University of Virginia, VA is $430,000, down 32.6% year-over-year. Homes sell in an average of 5 days with 3 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is University of Virginia a buyer's or seller's market?

Seller's market3.0 months of supply5 avg. days on market

University of Virginia, VA is currently a seller's market, based on 3.0 months of supply and homes selling in about 5 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

5

Fast-moving

Active listings

3

3.0 months supply

Sale-to-list

100.0%

Above asking

What does the University of Virginia housing market data show?

Current housing market statistics for University of Virginia, VA
MetricValue
Median sale price$430,000
Median list price$500,000
Year-over-year price change-32.6%
Average days on market5 days
Active inventory3 listings
Months of supply3.0 months
Sale-to-list price ratio100.0%
Median price per sq ft$326/sq ft
Homes sold (latest month)1
New listings (latest month)2
Listings with a price cut66.7%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in University of Virginia by property type?

How the University of Virginia, VA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in University of Virginia, VA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Condo / Co-op$419,000$194/sq ft17 days
Townhouse$430,000$326/sq ft15 days

Source: Redfin · Updated monthly

The University of Virginia housing market is currently classified as a seller's market with a median sale price of $430,000. Prices have fallen 32.6% compared to last year, with homes spending an average of 5 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in University of Virginia

There are currently 3 homes listed for sale in University of Virginia, Virginia. The median listing price is $500K.

Active listings

3

Homes on market

Median list price

$500K

Avg. days on market

5

Days until sale

New this week

2

Newly listed

Price drops:66.7%of listings
Sale-to-list:100.0%

Who lives in University of Virginia?

Population

9,159

Median income

$44,635/yr

Median age

19.6 years

Owner-occupied

15.7%

College grads

63.7%

Avg commute

15.6 min

Source: U.S. Census Bureau ACS

What is it like to live in University of Virginia?

University of Virginia is a community of approximately 9K residents with a median age of 19.6 years.The median household income is $44,635, which represents a working-class community with solid middle-income opportunities. 63.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 15.7%, showing a blend of owner and renter-occupied properties. The average commute time is 15.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, University of Virginia offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near University of Virginia, VA?

Want a head-to-head view? Compare University of Virginia side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in University of Virginia?

The median home sale price in University of Virginia is $430,000, down 32.6% from last year.

How long do homes stay on market in University of Virginia?

Homes typically spend 5 days on market before going under contract.

What is the median income in University of Virginia?

The median household income is $44,635 per year.

Is University of Virginia a buyer's or seller's market?

With 3.0 months of supply, University of Virginia is currently a seller's market.

What is the median condo price in University of Virginia?

The median condo/co-op sale price in University of Virginia, VA is $419,000, based on the latest Redfin data.

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