41Alpha

Charlottesville, VA Housing Market Brief

county · VA · as of May 2026

Balanced

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%
+9.044
Inventory Health25%
-8.948
Affordability20%
2
Economic Strength20%
-2.264
Rental Yield15%
44

Where is Charlottesville, VA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Charlottesville, VA is classified as Decliningcooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Charlottesville, VA housing market data

MetricValueYoY
Median Sale Price$525K▲ +13.4%
Median Days on Market20 days▲ +53.9%
Months of Supply2.1-8.7%
Homes for Sale114-16.2%
Homes Sold54-6.9%
Median Price / Sq Ft$320-6.9%
Sale-to-List Ratio99.4%▲ +0.8%

How has Charlottesville, VA’s Alpha Score moved?

Now: 41
3-period trend
Median sale price · 12 mo

Markets like Charlottesville, VA

Frequently asked questions

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

As of May 2026, Charlottesville, VA is classified as a Balanced Market, based on its Alpha Score of 41 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Charlottesville, VA?

The median sale price in Charlottesville, VA is $525K, having risen 13.4% over the past year.

How affordable is Charlottesville, VA?

Charlottesville, VA scores 2 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 (64/100) and its weakest is Affordability (2/100). 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.