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 $206, which is higher than the Charlottesville Metro average of $171. The median price of homes currently listed in Charlottesville is $334,846 while the median price of homes that sold is $434,650. The median rent price in Charlottesville is $1,100, which is lower than the Charlottesville Metro median of $1,195.

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 6.3%. 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 12.5%.

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Relative ZHVI
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Charlottesville Market Overview

Data through Feb 28, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $334,846 Median listing price
  • No recent data Median sale price
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Charlottesville Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 12.5% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 1.5% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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US Metro Areas

Name Median ZHVI
Los Angeles Metro $516,700
New York Metro $369,400
Washington Metro $347,500
Name Median ZHVI
Philadelphia Metro $192,100
Miami-Fort Lauderdale Metro $190,300
Chicago Metro $178,500
Name Median ZHVI
Houston Metro $154,700
Dallas-Fort Worth Metro $143,900
Atlanta Metro $140,300

Listings & Sales

Data through Feb 28, 2015
  • $206 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 8.3% Listings with price cut
21.1%
Sold below listing
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Charlottesville Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,362 Charlottesville
    $1,469 Charlottesville Metro
    $1,355 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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