Is Charlottesville, VA 22902 a buyer’s or seller’s market?

The Charlottesville housing market right now

In the three months ending August 31, 2026, 11% of homes in Charlottesville, VA 22902 sold above their list price, the typical home went under contract in 35 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 111 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 26%, homes sold more slowly (22 days then) and the median sale price rose 4% to $485,290. Overall, Charlottesville is less competitive than a year ago, which gives buyers more room.

Within Albemarle County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Charlottesville ranks #282 of 358 VA ZIP codes with enough sales (score 42 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.