Is Charlottesville, VA 22911 a buyer’s or seller’s market?
Charlottesville is a seller’s market. With about 3 months of supply and 40% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 78% of U.S. ZIP codes, and #75 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Charlottesville housing market right now
In the three months ending August 31, 2026, 40% of homes in Charlottesville, VA 22911 sold above their list price, the typical home went under contract in 19 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 121 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 31%, homes sold faster (28 days then) and the median sale price fell 2% to $539,766. Overall, Charlottesville is more competitive than a year ago, so tougher for buyers.
Within Albemarle County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 92%. On our competition score, Charlottesville ranks #75 of 358 VA ZIP codes with enough sales (score 74 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) is even more competitive.
Run the numbers for 22911
Nearby markets
Barboursville 22923Seller’s market $213 /sq ftCharlottesville 22901Balanced $272 /sq ftCharlottesville 22902Seller’s market $290 /sq ftCharlottesville 22903Seller’s market $304 /sq ft Browse all markets →Towns like Charlottesville nearby
Find towns like Charlottesville in other states →Where Charlottesville is
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Questions about Charlottesville real estate
Is Charlottesville a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Charlottesville, VA 22911 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Charlottesville?
The typical home went under contract in 19 days in the latest three months.
Do homes in Charlottesville sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.
What are property taxes in Charlottesville?
About 0.75% of a home’s value a year in Albemarle County, or roughly $3,000 on a $400,000 home.
What is the median home price in Charlottesville?
The median sale price was $539,766 in the three months ending August 31, 2026, about $230 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology