Charlottesville, VA

Tracey Velt's Market Report

Charlottesville, VA

Single-Family Homes

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

Tue Jun 17 2025
This week the median list price for Charlottesville, VA is $685,000 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has held steady at or around 446. 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		$685,000
Median Price of New Listings		$550,000
Per Square Foot		$265
Average Days on Market		84
Median Days on Market		42
Price Decreased		39%
Price Increased		1%
Relisted		5%
Inventory		446
Median Rent
Market Action		44
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
$1,392,500	4,233	2.5 - 5 acres	4	4	34	6	11	49
$775,000	2,856	0.5 - 1 acre	4	3	20	8	11	35
$569,500	2,296	0.25 - 0.5 acre	4	3	23	9	17	42
$375,000	1,594	0.5 - 1 acre	3	2	49	13	20	35

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,392,500	4,233	2.5 - 5 acres	4	4	34	6	11	49
$775,000	2,856	0.5 - 1 acre	4	3	20	8	11	35
$569,500	2,296	0.25 - 0.5 acre	4	3	23	9	17	42
$375,000	1,594	0.5 - 1 acre	3	2	49	13	20	35

Median Price	Top $1,392,500	Upper $775,000	Lower $569,500	Bottom $375,000
Sq. Ft.	4,233	2,856	2,296	1,594
Lot Size	2.5 - 5 acres	0.5 - 1 acre	0.25 - 0.5 acre	0.5 - 1 acre
Beds	4	4	4	3
Baths	4	3	3	2
Age	34	20	23	49
New	6	8	9	13
Absorbed	11	11	17	20
DOM	49	35	42	35

Tracey Velt's Market Report