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COVESVILLE, VA 22931

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

Market Overview

Active Listings
1
vs 1 last year
Pending
1
100% pending ratio
Median Price
$265,000
⇩ 11.7% vs $300,000 last year
Average Price
$265,000
⇩ 11.7% vs $300,000 last year
Days on Market
87
⇩ 4.4% vs 91 days last year

Market Context

Population: 230  ·  Density: 6.3/mi²  ·  Median household income: $100,625

Typical home value: $1,035,610  ·  Homeownership: 67.8%

Market Analysis

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

The COVESVILLE, VA real estate market (22931) currently shows 1 active listings, with 1 pending sales. Homes are averaging 87 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 87 days on market compared to 91 days last year.

The median listing price has fallen 11.7% year-over-year, from $300,000 to $265,000.

Whether you are buying or selling in COVESVILLE, 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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 87 now vs 91 last year

Median & Average Pricing

Year over Year
  • Median: $265,000 (-11.7% YoY)
  • Average: $265,000 (-11.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.4 miles — 406 listings ($337,459,074 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
22931Covesville, VA 229310.0 mi1$265,000$265,000$265,000
22938Faber, VA 229384.6 mi7$4,501,000$567,000$643,000
22969Schuyler, VA 229697.5 mi7$1,567,769$182,450$223,967
22958Nellysford, VA 229589.8 mi13$10,295,272$740,000$791,944
22943Greenwood, VA 2294310.4 mi3$1,657,500$552,500$552,500
22949Lovingston, VA 2294912.1 mi5$4,033,335$575,000$806,667
22952Lyndhurst, VA 2295214.4 mi3$996,000$332,000$332,000
24590Scottsville, VA 2459015.1 mi29$113,972,755$499,900$3,930,095
22980Waynesboro, VA 2298016.1 mi131$49,066,443$334,900$374,553
22967Roseland, VA 2296718.0 mi64$26,243,200$429,950$410,050
22922Arrington, VA 2292218.9 mi1$469,000$469,000$469,000
24431Crimora, VA 2443119.5 mi2$790,000$395,000$395,000
22911Charlottesville, VA 2291121.4 mi140$123,601,800$747,400$882,870

Frequently Asked Questions

How many homes are for sale in COVESVILLE, VA 22931?

As of January 2026, there are 1 active listings in COVESVILLE, VA (zip code 22931), compared to 1 the prior year.

What is the median home price in COVESVILLE, VA 22931?

The median listing price in COVESVILLE, VA 22931 is $265,000 as of January 2026, a 11.7% decrease from $300,000 the prior year.

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

Homes in COVESVILLE, VA 22931 spend an average of 87 days on the market before going under contract, compared to 91 days the prior year.

Is it a seller's or buyer's market in COVESVILLE, VA 22931?

Based on current inventory and days-on-market data as of January 2026, COVESVILLE, VA 22931 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 87 days on market compared to 91 days last year.

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

With SELL123.com's maximum 3% commission, sellers in COVESVILLE, VA 22931 save an estimated $5,300 compared to a typical 5% commission on the median listing price of $265,000. 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.