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Charlottesville, VA

Full City Profile · Virginia · Charlottesville city County

3.3 /5.0
B Good
45,863 Population 4,474/sq mi density
$69,829 Median Income $48,395 per capita
$448,400 Home Value $507,780 Zillow
$1,453 Median Rent 33.9% income on rent
56°F Avg Temperature 293 sunny days/yr
324 Violent Crime/100K 2,320 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$69,829 median income, 3.0% unemployment
B
Affordability
3.0 / 5.0
$448,400 home value, $1,453/mo rent
F
Safety
1.0 / 5.0
324 violent crimes/100K
A+
Education
5.0 / 5.0
60.6% bachelor's degree or higher

Housing Overview

Median Home Value
$448,400
59% above
US avg: $281,900
Median Rent
$1,453/mo
25% above
US avg: $1,163/mo
Homeownership Rate
43.7%
33% below US avg (65.4%)
Total Housing Units
21,425
Median year built: 1968

Home Value by Source

Census Median
$448,400
Zillow (ZHVI)
$507,780
Median Sale Price
$407,000
Median List Price
$549,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

43.7%
Owner-Occupied
56.3%
Renter-Occupied
44%
56%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,421/mo
1 Bedroom
$1,602/mo
2 Bedroom
$1,824/mo
3 Bedroom
$2,218/mo
4 Bedroom
$2,731/mo
Census median rent: $1,453/mo · Zillow rent: $1,934/mo

Market Indicators (Redfin)

Median Days on Market
52 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
26
Price Drops
16.3%
of listings with price reduction
Price Per Sq Ft
$287
Active Inventory
80
homes for sale

Affordability & Housing Stock

Rent Burden
33.9%
of renters spending 30%+ of income on housing
9% above US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
43.7%

Complete Housing Data

Home Values

Census Median Value$448,400
Zillow Home Value (ZHVI)$507,780
Median Sale Price$407,000
Median List Price$549,900
Price Per Sq Ft$287

Rent

Census Median Rent$1,453
Zillow Rent (ZORI)$1,934
FMR Studio$1,421
FMR 1-Bedroom$1,602
FMR 2-Bedroom$1,824
FMR 3-Bedroom$2,218
FMR 4-Bedroom$2,731

Market

Days on Market52
Sale-to-List Ratio1.0%
Price Drops16.3%
Homes Sold26
Active Inventory80
Price Per Sq Ft$287

Ownership & Stock

Owner-Occupied43.7%
Renter-Occupied56.3%
Homeownership Rate43.7%
Total Housing Units21,425
Median Year Built1968
Rent Burden33.9%