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 $162. The median price of homes currently listed in Charlottesville is $269,000 while the median price of homes that sold is $247,400. The median rent price in Charlottesville is $1,095, which is lower than the Charlottesville Metro median of $1,149.

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 1.3%, which is lower than the national value of 6.9%. 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 11.3%.

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Relative ZHVI
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Charlottesville Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $269,000 Median listing price
  • No recent data Median sale price
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Charlottesville Market Health

Data through Aug 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 11.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 1.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Barboursville $230,300
Troy $209,600
Covesville $191,900
Name Median ZHVI
Gordonsville $165,900
Palmyra $163,100
 

Listings & Sales

Data through Aug 31, 2014
  • $206 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 45.1% Listings with price cut
25.8%
Sold below listing
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Charlottesville Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,353 Charlottesville
    $1,448 Charlottesville Metro
    $1,328 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
  • $1,095 Rent list price
  • $1.11 Rent list price / sq ft
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