Charlottesville, VA metro area Housing Market

Cool Market

Comprehensive housing market data for the Charlottesville, VA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$469K

5.3% YoY

Days on Market

46 days

7.0% YoY

Active Inventory

551

17.7% YoY

Homes Sold

153

12.1% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Charlottesville, VA metro area Market Summary

The Charlottesville, VA metro area housing market is cooling down. As of January 2026, the median home sale price is $469K, down 5.3% year-over-year. Homes are spending a median of 46 days on the market, 7.0% longer than a year ago.

There are 551 homes for sale — 17.7% more than last year. With 3.6 months of supply, this is a seller's market. 231 new listings were added during this period, up 10.5% year-over-year.

Homes are selling for 97.9% of their list price on average, suggesting room for negotiation. 19.6% of homes sell above their asking price. 16.0% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

68

Contributing Factors

Months of Supply 3.6
Days on Market 46
Price Drops 16.0%
Sale-to-List Ratio 97.9%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $423K) 10.9%
Days on Market (National: 66) 30.3%
Inventory (National: 1,210,379) 100.0%

vs. Virginia Median

Median Price (Virginia: $427K) 9.8%
Days on Market (Virginia: 55) 16.4%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage.

Charlottesville, VA metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$500K

Price per Sq Ft

$250

Sale-to-List Ratio

97.9%

Months of Supply

3.6

Sold Above List

19.6%

Price Drops

16.0%

New Listings

231

10.5% YoY

Pending Sales

186

Off Market in 2 Weeks

33.9%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.