Charlottesville Market Report
$752,845
AVERAGE PRICE OF 500 HOMES$429,000
AVERAGE PRICE OF 3 DISTRESSED HOMES$1,919,504
AVERAGE PRICE OF 88 MULTI-MILLION DOLLAR HOMES$730,236
AVERAGE PRICE OF 249 NEWLY BUILT HOMES$872,583
AVERAGE PRICE OF 65 HOMES WITH A POOL$497,643
AVERAGE PRICE OF 9 REDUCED PRICE HOMESAverage Home
| Average Price | $752,845 |
| Avg Bedrooms | 3.41 beds |
| Avg Bathrooms | 2.92 baths |
Average Price by Bedrooms
| 1 bedroom | $321,425 |
| 2 bedrooms | $564,559 |
| 3 bedrooms | $586,425 |
| 4 bedrooms | $778,723 |
| 5 bedrooms | $1,216,162 |
Charlottesville Home Price Trends
| 10/2022 | 9/2022 | 8/2022 | 7/2022 | 6/2022 | |
|---|---|---|---|---|---|
| Total Listings | 553 | 561 | 579 | 606 | n/a |
| Average Price | $753,327 | $742,172 | $732,806 | $740,777 | n/a |
| Avg Price Change | +1.50% | +1.28% | -1.09% | n/a | n/a |
| Median Price | $509,343 | $499,959 | $499,964 | $502,162 | n/a |
| Med Price Change | +1.88% | 0.00% | -0.44% | n/a | n/a |
| Avg Bedrooms | 3.38 beds | 3.36 beds | 3.36 beds | 3.37 beds | n/a |
| Avg Bathrooms | 2.91 baths | 2.9 baths | 2.88 baths | 2.9 baths | n/a |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Albemarle | 215 | $557,174 | 100 days |
| Charlottesville | 109 | $625,711 | 94 days |
| Monticello | 103 | $645,313 | 151 days |
| Western Albemarle | 70 | $1,569,078 | 206 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 500 | $752,845 | 124 days |
| Distressed Homes | 3 | $429,000 | 283 days |
| Multi-Million Dollar Homes | 88 | $1,919,504 | 219 days |
| Newly Built Homes | 249 | $730,236 | 165 days |
| Homes with a Pool | 65 | $872,583 | 131 days |
| Reduced Price Homes | 9 | $497,643 | 56 days |
