32Alpha

Charlottesville, VA Housing Market Brief

county · VA · score computed October 2026

Buyer's

What is Charlottesville, VA’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%
●13
Inventory Health25%
●48

Population band 4 of 5 (population 39,232–102,612) · comparable within its band

Affordability20%
●3
Economic Strength20%
●79
Rental Yield15%
●10

Where is Charlottesville, VA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Charlottesville, VA is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Charlottesville, VA?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Charlottesville, VA housing market data

MetricValueYoYSource
Median Sale Price$404K▼ -14%Redfin
Median Days on Market17 days▼ -46.9%Redfin
Months of Supply4.1▲ +46.4%Redfin
Homes for Sale115▲ +6.5%Redfin
Homes Sold28▼ -26.3%Redfin
Median Price / Sq Ft$336▲ +4.3%Redfin

How has Charlottesville, VA’s Alpha Score moved?

Now: 32
2-period trend
Median sale price · 12 mo

Markets like Charlottesville, VA

Frequently asked questions

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

In the scores computed October 2026, Charlottesville, VA is classified as a Buyer's Market, based on its Alpha Score of 32 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Charlottesville, VA?

The median sale price in Charlottesville, VA is $404K, having fallen 14% over the past year, according to Redfin.

How affordable is Charlottesville, VA?

Charlottesville, VA scores 3 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

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

Charlottesville, VA's strongest dimension is Economic Strength (79/100) and its weakest is Affordability (3/100). The Alpha Score is a weighted blend of all five dimensions.

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