Charlottesville Home Prices and Home Values

Zillow Home Value Index
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Zillow Home Value Index
Mid-point of Zestimate valuations for Charlottesville. Half the Zestimates are above this number and half are below it.
Median list price ($)
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Median list price ($)
Mid-point of the list price for homes listed on Zillow in Charlottesville, or the asking price.
Median sale price ($)
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Median sale price ($)
Mid-point of the price homes have sold for in Charlottesville. Half the homes sold above this number and half sold below.
Zillow Rent Index
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Zillow Rent Index
Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in Charlottesville. Half the Rent Zestimates are above this number and half are below it.
Median rent list price ($)
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Median rent list price ($)
Mid-point of the rental price for homes listed for rent on Zillow in the Charlottesville. Half the homes have rent prices above this number and half are below.
Total homes sold
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Total homes sold
Total number of homes sold in Charlottesville during the prior 30 days.
Median value per sq. ft. ($)
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Median value per sq. ft. ($)
Mid-point of the value of all homes in Charlottesville, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).
Median list price / sq. ft. ($)
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Median list price / sq. ft. ($)
Mid-point of Charlottesvilles list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).
Median sale price / sq. ft. ($)
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Median sale price / sq. ft. ($)
Mid-point of Charlottesvilles sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).
Rent estimate / sq. ft. ($)
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Rent estimate / sq. ft. ($)
Mid-point of the estimated monthly rent price of all homes in Charlottesville, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).
Median rent list price / sq. ft. ($)
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Median rent list price / sq. ft. ($)
Mid-point of Charlottesvilles rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).
Median sale-to-list price ratio
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Median sale-to-list price ratio
Mid-point of the ratio between the sale price and the list price for all homes in Charlottesville (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).
Listings with price cut (%)
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Listings with price cut (%)
The percentage of current listings on Zillow in Charlottesville whose price has been reduced in the last 30 days.
Median price cut (%)
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Median price cut (%)
Mid-point of the percentage of price reduction for homes in Charlottesville whose prices have been reduced in the past full month.
Sold for loss (%)
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Sold for loss (%)
The percentage of homes in Charlottesville that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.
Sold for gain (%)
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Sold for gain (%)
The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).
Homes foreclosed
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Homes foreclosed
The number of homes in the Charlottesville per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.
Foreclosure re-sales (%)
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Foreclosure re-sales (%)
The percentage of home sales in a given month in Charlottesville where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).
Increasing values (%)
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Increasing values (%)
The percentage of homes in Charlottesville whose values have increased in the past year.
Decreasing values (%)
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Decreasing values (%)
The percentage of all homes in Charlottesville whose value has fallen in the last year.
Sold in past year (%)
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Sold in past year (%)
The percentage of all homes in Charlottesville that were sold in the past 12 months.

0.21%
--Y-o-Y

Calculated 05/15/2012^*
^*Includes data and transactions through 06/30/2011

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RegionId	Region	Jun 2011
30840	Charlottesville	0.21%
272702	10th and Page
272707	29 North
272711	5th SW
273077	BRSC
272932	Belmont
272987	Blue Ridge/Rugby Ave
273220	Charlottesville High
271703	Downtown
273718	Fifeville
271722	Fry Springs
273891	Greenbrier
274136	Jefferson Park
274147	Johnson Village
274169	Kelly Town/Rugby Heights
276420	Lewis Mountain
274331	Little High
274341	Locust Grove
274353	Longwood Dr
274400	Main/Starr Hill
274438	Martha Jefferson
274703	North Downtown
274704	North East
274920	Orangedale/Prospect Ave
275167	Ridge St
276546	Rose Hill
275713	The Meadows
271791	Venable
276153	Woolen Mills