Charlottesville, VA

Tracey Velt's Market Report

Charlottesville, VA

Single-Family Homes

HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498

Wed Jul 09 2025
This week the median list price for Charlottesville, VA is $682,450 with the market action index hovering around 41. This is less than last month's market action index of 44. Inventory has held steady at or around 470. Click here to stay informed with the Charlottesville market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Median List Price		$682,450
Median Price of New Listings		$475,000
Per Square Foot		$238
Average Days on Market		89
Median Days on Market		49
Price Decreased		39%
Price Increased		2%
Relisted		6%
Inventory		470
Median Rent
Market Action		41
Slight Seller's Advantage

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,482,500	4,669	1 - 2.5 acres	5	4	30	5	6	59
$769,900	3,149	0.5 - 1 acre	4	3	21	8	7	49
$557,450	2,363	0.25 - 0.5 acre	4	2.5	25	10	15	49
$380,000	1,799	0.5 - 1 acre	3	2	38	20	13	42

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,482,500	4,669	1 - 2.5 acres	5	4	30	5	6	59
$769,900	3,149	0.5 - 1 acre	4	3	21	8	7	49
$557,450	2,363	0.25 - 0.5 acre	4	2.5	25	10	15	49
$380,000	1,799	0.5 - 1 acre	3	2	38	20	13	42

Median Price	Top $1,482,500	Upper $769,900	Lower $557,450	Bottom $380,000
Sq. Ft.	4,669	3,149	2,363	1,799
Lot Size	1 - 2.5 acres	0.5 - 1 acre	0.25 - 0.5 acre	0.5 - 1 acre
Beds	5	4	4	3
Baths	4	3	2.5	2
Age	30	21	25	38
New	5	8	10	20
Absorbed	6	7	15	13
DOM	59	49	49	42

Tracey Velt's Market Report