Altos Market Data for Realtors

Charlottesville, VA

Single-Family Homes

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Charlottesville, VA

Tue Apr 01 2025
This week the median list price for Charlottesville, VA is $749,900 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 150. Click here to stay informed with the Charlottesville market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Charlottesville, VA

Tue Apr 01 2025
This week the median list price for Charlottesville, VA is $749,900 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 150. Click here to stay informed with the Charlottesville market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Charlottesville market.
Median List Price $749,900
Median Price of New Listings $650,000
Per Square Foot $307
Average Days on Market 72
Median Days on Market 28
Price Decreased 23%
Price Increased 4%
Relisted 5%
Inventory 150
Median Rent
Market Action 41
Slight Seller's Advantage

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

Market Segments

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

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,359,000 3,819 1 - 2.5 acres 4 4 42 7 5 42
$850,000 2,564 8,000 - 10,000 sqft 4 2.5 7 5 4 28
$654,500 2,438 8,000 - 10,000 sqft 4 3 28 12 6 14
$473,500 1,543 0.25 - 0.5 acre 3 2 67 9 4 24