Is Charlottesville, VA 22901 a buyer’s or seller’s market?

The Charlottesville housing market right now

In the three months ending August 31, 2026, 26% of homes in Charlottesville, VA 22901 sold above their list price, the typical home went under contract in 18 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 138 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (25% then), homes sold faster (21 days then) and the median sale price rose 19% to $539,766. Overall, Charlottesville is about as competitive as it was a year ago.

Within Albemarle County, homes here sell faster than in 92% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Charlottesville ranks #191 of 358 VA ZIP codes with enough sales (score 60 out of 100).

Nearby, buyers who want less competition could look at North Garden 22959 (0% sold over asking) or Esmont 22937 (0% sold over asking), while Greenwood 22943 (50% sold over asking) and Charlottesville 22911 (40% sold over asking) are even more competitive.