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Belmont Martha Jefferson North Downtown Ridge Street Woolen Mills

CHARLOTTESVILLE, VA 22902

Real Estate Market Report  ·  Albemarle County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 22902

Belmont · Martha Jefferson · North Downtown · Ridge Street · Woolen Mills

Market Analysis

Data as of March 2026. Source: Realtor.com.

The CHARLOTTESVILLE, VA real estate market (22902) currently shows 127 active listings, with 57 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

The median listing price has risen 1.7% year-over-year, from $575,000 to $585,000.

Whether you are buying or selling in CHARLOTTESVILLE, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 24,256  ·  Density: 145.6/mi²  ·  Median household income: $83,865

Typical home value: $366,741  ·  Homeownership: 51.4%

Market Overview

Active Listings
127
⇧ 17.6% vs 108 last year
Pending
57
45% pending ratio
Median Price
$585,000
⇧ 1.7% vs $575,000 last year
Average Price
$837,096
⇩ 7.5% vs $904,912 last year
Days on Market
34
vs 34 days last year

Price Per Square Foot

Median $/sqft
$302
⇧ 3.8% vs $291/sqft last year
Median Home Size
1,896 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 127 this year vs 108 last year
  • Days on market: 34 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $585,000 (+1.7% YoY)
  • Average: $837,096 (-7.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.1 miles — 420 listings ($355,974,873 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
22902Charlottesville, VA 229020.0 mi103$81,647,585$587,450$792,695
22959North Garden, VA 229599.8 mi5$6,500,835$1,043,750$1,300,167
22911Charlottesville, VA 2291110.2 mi155$139,790,315$752,450$901,873
22974Troy, VA 2297410.6 mi15$8,850,885$574,900$590,059
22937Esmont, VA 2293712.5 mi9$36,028,026$559,925$4,003,114
22931Covesville, VA 2293114.0 mi1$469,500$469,500$469,500
22969Schuyler, VA 2296916.5 mi6$1,390,560$179,900$231,760
22942Gordonsville, VA 2294218.0 mi100$54,754,300$526,569$547,543
22938Faber, VA 2293818.3 mi5$4,199,000$649,000$839,800
22940Free Union, VA 2294018.6 mi1$650,000$650,000$650,000
22920Afton, VA 2292018.8 mi11$15,876,366$996,250$1,443,306
23004Arvonia, VA 2300419.2 mi4$2,787,756$425,000$696,939
23084Kents Store, VA 2308420.1 mi5$3,029,745$658,699$605,949

Frequently Asked Questions

How many homes are for sale in CHARLOTTESVILLE, VA 22902?

As of March 2026, there are 127 active listings in CHARLOTTESVILLE, VA (zip code 22902), compared to 108 the prior year.

What is the median home price in CHARLOTTESVILLE, VA 22902?

The median listing price in CHARLOTTESVILLE, VA 22902 is $585,000 as of March 2026, a 1.7% increase from $575,000 the prior year.

How long do homes stay on the market in CHARLOTTESVILLE, VA?

Homes in CHARLOTTESVILLE, VA 22902 spend an average of 34 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in CHARLOTTESVILLE, VA 22902?

Based on current inventory and days-on-market data as of March 2026, CHARLOTTESVILLE, VA 22902 is currently a Balanced Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

How much can I save on real estate commission in CHARLOTTESVILLE, VA?

With SELL123.com's maximum 3% commission, sellers in CHARLOTTESVILLE, VA 22902 save an estimated $11,700 compared to a typical 5% commission on the median listing price of $585,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.