Home Values

Charlottesville Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Charlottesville is $195, which is higher than the Charlottesville Metro average of $161. The median price of homes currently listed in Charlottesville is $274,900 while the median price of homes that sold is $247,400. The median rent price in Charlottesville is $1,100, which is lower than the Charlottesville Metro median of $1,145.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Charlottesville is 1.5%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Charlottesville homeowners underwater on their mortgage is 13.0%.

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Relative ZHVI
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Charlottesville Market Overview

Data through Nov 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $274,900 Median listing price
  • No recent data Median sale price
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Charlottesville Market Health

Data through Nov 30, 2014
  • No recent data
  • No data Average days on Zillow
  • 13.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 1.5% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Barboursville $223,600
Gordonsville $161,300
 

Listings & Sales

Data through Nov 30, 2014
  • $195 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
25.8%
Sold below listing
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Charlottesville Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,393 Charlottesville
    $1,468 Charlottesville Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $1,100 Rent list price
  • $1.14 Rent list price / sq ft
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