Real Estate Price Maphome prices by county

Charlottesville City, VA home prices

Charlottesville City, VA: the typical home is worth $497,082 as of 2026-05, down -0.2% over the past year and n/a since 2000. Listings run about $326/sq…

Data as of · by the Real Estate Price Map data team · methodology & sources

Charlottesville City is flat and overvalued — a stretch for what people here earn.

Momentum-0.2%Flat
Valuation+43%High bubble risk
Affordability5/10Stretched
Market46 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1976: $57,104 → 2026: $497,082 (8.7×) pre-2000 estimated via FHFA index

Typical value$497,0822026-05
1-year-0.2%
5-year+18.8%
10-year+64.7%
Since 2000n/a
Population44k2024
Median income$72,5422023 · 6.9× income
Median rent$2,034/mo2026 · 4.9% gross yield
New homes/yr492024
Price / sq ft$326listings
Days on market462026-06
Active listings762026-06
Price cuts19%of listings

Market read

At $497,082, homes in Charlottesville City sit 61% above the Virginia median ($309,032) and 112% above the US median ($233,954). That ranks #15 of 133 Virginia counties by price.

Prices are holding steady (-0.2% in the last year) — a balanced market.

Homes here move at a steady pace — a median 46 days on the market, with 19% of listings cutting their asking price.

At 6.9× local income, that's pricier than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~43% expensive for local incomes and rents.

Renting looks cheaper — buying the typical home runs ~$2,454/mo (P&I, 20% down) vs $2,034/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Albemarle County, VA ($562,596) · Greene County, VA ($383,596) · Fluvanna County, VA ($379,976) · Waynesboro City, VA ($298,180) · Nelson County, VA ($365,254) · Madison County, VA ($419,257)

Frequently asked questions

What is the average home price in Charlottesville City, VA?
The typical home in Charlottesville City is worth $497,082 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Charlottesville City rising or falling?
Prices are down -0.2% over the past year and n/a since 2000 — a balanced market.
Is Charlottesville City affordable?
At 6.9× the local median income of $72,542, Charlottesville City is pricier than the typical US county.
What is the rental yield in Charlottesville City?
Median rent is $2,034/mo — a gross rental yield of 4.9% on the typical home.
How fast do homes sell in Charlottesville City?
Homes here take a median of 46 days to sell, with 19% of listings cutting their asking price.
Median home value by year
YearMedian home value
2004$209,001
2005$249,475
2006$276,510
2007$283,089
2008$273,488
2009$260,637
2010$255,407
2011$250,302
2012$251,659
2013$264,236
2014$279,882
2015$288,470
2016$303,190
2017$323,787
2018$342,598
2019$365,467
2020$372,667
2021$428,963
2022$469,194
2023$465,354
2024$486,231
2025$495,772