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COVESVILLE, VA 22931

Real Estate Market Report  ·  Albemarle County
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The COVESVILLE, VA real estate market (22931) currently shows 2 active listings. Homes are averaging 33 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 33 days on market compared to 2 days last year.

The median listing price has fallen 12% year-over-year, from $489,500 to $430,725.

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 Context

Market Context

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

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

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
0
0% pending ratio
Median Price
$430,725
⇩ 12% vs $489,500 last year
Average Price
$430,725
⇩ 12% vs $489,500 last year
Days on Market
33
⇧ 1550% vs 2 days last year

Price Per Square Foot

Median $/sqft
$289
⇧ 49% vs $194/sqft last year
Median Home Size
1,435 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 1 last year
  • Days on market: 33 now vs 2 last year

Median & Average Pricing

Year over Year
  • Median: $430,725 (-12% YoY)
  • Average: $430,725 (-12% 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 21.4 miles — 376 listings ($361,296,263 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
22931Covesville, VA 229310.0 mi1$469,500$469,500$469,500
22938Faber, VA 229384.6 mi5$4,199,000$649,000$839,800
22969Schuyler, VA 229697.5 mi6$1,390,560$179,900$231,760
22958Nellysford, VA 229589.8 mi13$9,139,468$711,875$703,036
22943Greenwood, VA 2294310.4 mi3$2,160,000$720,000$720,000
22949Lovingston, VA 2294912.1 mi4$4,513,332$1,012,500$1,128,333
22952Lyndhurst, VA 2295214.4 mi4$1,150,000$287,500$287,500
24590Scottsville, VA 2459015.1 mi36$136,592,280$552,400$3,794,230
22980Waynesboro, VA 2298016.1 mi142$54,605,958$337,195$384,549
24581Norwood, VA 2458117.8 mi1$299,000$299,000$299,000
24599Wingina, VA 2459918.7 mi3$5,849,850$1,949,950$1,949,950
24431Crimora, VA 2443119.5 mi3$1,137,000$379,000$379,000
22911Charlottesville, VA 2291121.4 mi155$139,790,315$752,450$901,873

Frequently Asked Questions

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

As of July 2026, there are 2 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 $430,725 as of July 2026, a 12% decrease from $489,500 the prior year.

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

Homes in COVESVILLE, VA 22931 spend an average of 33 days on the market before going under contract, compared to 2 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 July 2026, COVESVILLE, VA 22931 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 33 days on market compared to 2 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 $8,615 compared to a typical 5% commission on the median listing price of $430,725. 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.