Is Charlottesville, VA 22903 a buyer’s or seller’s market?

The Charlottesville housing market right now

In the three months ending August 31, 2026, 20% of homes in Charlottesville, VA 22903 sold above their list price, the typical home went under contract in 20 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 127 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (22% then), homes sold about as fast and the median sale price rose 2% to $592,244. Overall, Charlottesville is about as competitive as it was a year ago.

Within Albemarle County, homes here sell faster than in 75% of the county’s ZIP codes, and sell less often over asking than in 58%. On our competition score, Charlottesville ranks #209 of 358 VA ZIP codes with enough sales (score 58 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.