40Alpha

Charlottesville, VA metro area Housing Market Brief

metro · as of May 2026

Balanced

What is Charlottesville, VA metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+8.763
Inventory Health25%
-3.231
Affordability20%
17
Economic Strength20%
No data
50
Rental Yield15%
45

Where is Charlottesville, VA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Charlottesville, VA metro area is classified as Matureholding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

Charlottesville, VA metro area housing market data

MetricValueYoY
Median Sale Price$525K▲ +9.4%
Median Days on Market13 days-7.1%
Months of Supply2.8▲ +12%
Homes for Sale875▲ +8.4%
Homes Sold3180%
Median Price / Sq Ft$256▲ +3.4%
Sale-to-List Ratio99.8%0%

How has Charlottesville, VA metro area’s Alpha Score moved?

Now: 40
4-period trend
Median sale price · 12 mo

Markets like Charlottesville, VA metro area

Frequently asked questions

Is Charlottesville, VA metro area a buyer's or seller's market?

As of May 2026, Charlottesville, VA metro area is classified as a Balanced Market, based on its Alpha Score of 40 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Charlottesville, VA metro area?

The median sale price in Charlottesville, VA metro area is $525K, having risen 9.4% over the past year.

How affordable is Charlottesville, VA metro area?

Charlottesville, VA metro area scores 17 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Charlottesville, VA metro area's Alpha Score?

Charlottesville, VA metro area's strongest dimension is Price Momentum (63/100) and its weakest is Affordability (17/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Charlottesville, VA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.