Loading...
Loading...
Loading...
$425,000
Median Price
-0.8%
YoY Change
312
Active Listings
28
Avg DOM
Charlottesville's housing market has cooled slightly, with a median home price of $425,000 and a modest -0.8% year-over-year dip. This correction follows years of strong pandemic-era growth as remote workers flocked to wine country. The fundamentals remain solid: UVA provides employment stability, the medical center is a top employer, and the quality of life is exceptional. Inventory at 2.8 months gives buyers the most leverage they have had in years, while sellers in desirable walkable neighborhoods still see strong demand.
$425,000
Median Sale Price
97.2%
List-to-Sale Ratio
2.8 mo
Months of Inventory
$245
Price / Sq Ft
Tracking median price, inventory, and days on market over the past six months in Charlottesville.
How each Charlottesville neighborhood is performing in the current market.
| Neighborhood | Median Price | YoY Change | Avg DOM | Inventory |
|---|---|---|---|---|
| Belmont | $485,000 | +2.1% | 15 days | 18 |
| Downtown Mall | $510,000 | +1.5% | 20 days | 12 |
| Barracks Road | $465,000 | -1.2% | 25 days | 22 |
| North Downtown | $395,000 | +3.5% | 18 days | 15 |
| Crozet | $445,000 | +0.8% | 30 days | 28 |
| Pantops | $380,000 | -0.5% | 32 days | 35 |
| Ivy | $620,000 | -2.1% | 42 days | 18 |
| 5th & Avon | $350,000 | +4.2% | 16 days | 14 |
Based on current inventory, days on market, and list-to-sale ratios.
Months of Inventory
2.8
List-to-Sale Ratio
97.2%
Avg Days on Market
28 days
Charlottesville's market is normalizing after several years of strong growth. Expect flat to modest appreciation of 1-3% through 2026. UVA continues to provide economic stability, and the wine country lifestyle draws remote workers. Inventory is the healthiest it has been since 2020, giving buyers more negotiating leverage. The Belmont and Downtown Mall areas remain the most competitive sub-markets.
Find out what your Charlottesville property is worth using the latest market data. No obligation, no spam.
What happens after you submit
Tell us your goals and we will match you with a Charlottesville market specialist who uses real-time data to guide every decision.
Your agent delivers a detailed analysis of your target neighborhoods, price range, and property type in the Charlottesville market.
We use current market data to position your offer or listing price for the best possible outcome.
Our team manages every detail from inspection to closing, keeping you informed at every step.
Download the complete Charlottesville market report with additional charts, neighborhood comparisons, and investment analysis. Updated March 2026.
Yes. The slight price correction of -0.8% YoY, combined with 2.8 months of inventory, gives buyers the most negotiating leverage since before the pandemic. UVA ensures long-term economic stability, and the quality of life makes Charlottesville a perennial draw. This is an opportune window.
5th & Avon ($350K median) and Pantops ($380K) offer the most affordable options within city limits. North Downtown ($395K) is up-and-coming with strong appreciation. Crozet and other Albemarle County communities provide more space at moderate prices.
UVA is the single largest economic driver. The university and medical center employ thousands, creating steady demand for housing at all price points. Areas near Grounds command premiums, and student rentals provide investment opportunities. UVA's stability insulates the market from the volatility seen in less diversified economies.
Whether you are buying, selling, or investing in Charlottesville, Settle's data-driven approach gives you the edge in today's market.