Charlottesville, Virginia.
Typical home $511,398 (+1.1% in a year), asking rent $2,029 (+1.3%). Charlottesville, VA metro.
to buy the typical home at today's mortgage rate — +$1,357 (+102%) since Jan 2020.
- 1 year
- Up $5,557 +1%
- $505,842$511,398 since Sep 2025
- 5 years
- Up $94,662 +23%
- $416,737$511,398 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Charlottesville$2,684
- Virginia$2,164
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in Charlottesville, VA rose 1.1% over the past year — in step with the nation.
Asking rents in Charlottesville, VA rose 1.3% over the past year — slower than the nation's +2.7%.
Owning the typical home in Charlottesville runs $1,522/mo more than renting one. The gap peaked at $1,624 in Jan 2025.
That is $3,552 a month against $2,029 rent: a $2,684 mortgage payment, plus $320 property tax and $547 insurance & upkeep.
Owning vs renting — Charlottesville
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,552
- Renting$2,029
- Mortgage only$2,684
Property tax · $320/mo 0.75% of value a year — the ACS 2020-2024 median bill over the median home value for Albemarle County, VA
Insurance & upkeep · $547/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Charlottesville, Albemarle County, Virginia
Charlottesville is a city of 46,553 people in Albemarle County. Half its households earn more than $74,824 a year and half less, against $104,392 across Albemarle County; 20% of its people live below the poverty line. 44% of its homes are lived in by their owners and 56% are rented. Unemployment in Charlottesville was 3.0% in August 2026, and Albemarle County had 1.0% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Charlottesville is a city where many residents are young compared with most of the country, and a large share of adults hold a four-year degree. Renters outnumber homeowners here, and incomes are below the county's, while typical home values and rents run high. Winters are cold, with some snow, and summers are warm, with a fair amount of rain through the year.
Work. Most residents work in schools, hospitals and social care, in professional and business services, or in restaurants, hotels and entertainment. The University of Virginia and the University of Virginia Medical Center are among the largest workplaces in the city, along with Albemarle County Public Schools. Commutes are short, and unemployment is low and little changed from a year earlier.
Things to do. Within town, the Fralin Museum of Art and the Kluge-Ruhe Aboriginal Art Collection are both museums, and the Paramount Theater is a theatre. Scott Stadium, a stadium, is also in or beside town, and the Moormans River is a short drive away.
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- 19,815households
- 62%of adults have a degree
- 20%below the poverty line
- 17 mintypical commute
- 21%work from home
What residents work in
Employed residents by industry, from the Census survey. Albemarle County had 65,494 jobs in 2025, 1.0% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 45° and lows near 28°; warmest in July, with highs near 87° and lows near 68°. About 17 inches of snow and 49 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Charlottesville 2W weather station, 2 miles away (NOAA).
Largest workplaces in Charlottesville
- University of VirginiaUniversity or college10,847
- University of Virginia Medical CenteGeneral hospital9,046FTE
- Albemarle County Public SchoolsSchool district2,732FTE
- Charlottesville City Public SchoolsSchool district855FTE
- Charlottesville VA SDCMail and parcel delivery206
- TRT HoldingsHotels142
- County Office BuildingSchool districts, elementary or secondary139
- Harris Teeter Supermarkets, Inc.Supermarkets and other grocery stores132
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 33 workplaces with 20 or more staff, 2,364 people in all. Colleges come from IPEDS (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- Lightningrelatively high in parts of CharlottesvilleRelatively moderate
- Heat wavesRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Charlottesville’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Albemarle County and the Charlottesville, VA metro.
Charlottesville home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Charlottesville$511,398
- Virginia$412,252
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Charlottesville listings, and the typical home goes pending in 21 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Charlottesville27.90%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Charlottesville21
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Charlottesville449
New listings per month
Sellers arriving at the market.
- Charlottesville137
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Charlottesville$523,436
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Charlottesville98.61%
Zip codes with a Charlottesville address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Charlottesville — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Charlottesville
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 22903 | Charlottesville | 40,372 | $2,370 | $529,260 |
| 22901 | Charlottesville | 37,237 | $1,727 | $526,779 |
| 22902 | Charlottesville | 23,486 | $2,066 | $477,096 |
| 22911 | Charlottesville | 19,107 | $2,280 | $510,826 |