43Alpha

Charlottesville, VA Housing Market Brief

county · VA · as of July 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%
44
Inventory Health25%
48
Affordability20%
6
Economic Strength20%
65
Rental Yield15%
52

Where is Charlottesville, VA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

What’s the forecast for Charlottesville, VA?

Our model forecasts Charlottesville, VA’s home prices to hold flat over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

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%

How has Charlottesville, VA’s Alpha Score moved?

Now: 43
12-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 July 2026, Charlottesville, VA is classified as a Balanced Market, based on its Alpha Score of 43 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 6 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 (65/100) and its weakest is Affordability (6/100). 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.