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Belmont Martha Jefferson North Downtown Ridge Street Woolen Mills

CHARLOTTESVILLE, VA 22902

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 22902

Belmont · Martha Jefferson · North Downtown · Ridge Street · Woolen Mills

Market Analysis

Data as of February 2026. Source: Realtor.com.

The CHARLOTTESVILLE, VA real estate market (22902) currently shows 103 active listings, with 40 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice.

Homes are selling faster, averaging 45 days on market compared to 71 days last year.

The median listing price has fallen 8.7% year-over-year, from $643,750 to $587,450.

Whether you are buying or selling in CHARLOTTESVILLE, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 24,256  ·  Density: 145.6/mi²  ·  Median household income: $83,865

Typical home value: $366,741  ·  Homeownership: 51.4%

Market Overview

Active Listings
103
⇧ 37.3% vs 75 last year
Pending
40
39% pending ratio
Median Price
$587,450
⇩ 8.7% vs $643,750 last year
Average Price
$792,695
⇩ 15.6% vs $939,503 last year
Days on Market
45
⇩ 36.6% vs 71 days last year

Price Per Square Foot

Median $/sqft
$314
⇧ 13.8% vs $276/sqft last year
Median Home Size
1,861 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 103 this year vs 75 last year
  • Days on market: 45 now vs 71 last year

Median & Average Pricing

Year over Year
  • Median: $587,450 (-8.7% YoY)
  • Average: $792,695 (-15.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.1 miles — 398 listings ($330,324,776 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
22902Charlottesville, VA 229020.0 mi90$64,237,140$539,950$713,746
22959North Garden, VA 229599.8 mi5$7,937,500$1,587,500$1,587,500
22911Charlottesville, VA 2291110.2 mi140$123,601,800$747,400$882,870
22974Troy, VA 2297410.6 mi17$9,976,892$574,900$586,876
22937Esmont, VA 2293712.5 mi10$39,266,860$550,000$3,926,686
22931Covesville, VA 2293114.0 mi1$265,000$265,000$265,000
22969Schuyler, VA 2296916.5 mi7$1,567,769$182,450$223,967
22942Gordonsville, VA 2294218.0 mi94$52,904,986$539,400$562,819
22938Faber, VA 2293818.3 mi7$4,501,000$567,000$643,000
22940Free Union, VA 2294018.6 mi1$650,000$650,000$650,000
22920Afton, VA 2292018.8 mi15$18,353,895$967,000$1,223,593
23004Arvonia, VA 2300419.2 mi5$3,824,940$425,000$764,988
23084Kents Store, VA 2308420.1 mi6$3,236,994$645,000$539,499

Frequently Asked Questions

How many homes are for sale in CHARLOTTESVILLE, VA 22902?

As of February 2026, there are 103 active listings in CHARLOTTESVILLE, VA (zip code 22902), compared to 75 the prior year.

What is the median home price in CHARLOTTESVILLE, VA 22902?

The median listing price in CHARLOTTESVILLE, VA 22902 is $587,450 as of February 2026, a 8.7% decrease from $643,750 the prior year.

How long do homes stay on the market in CHARLOTTESVILLE, VA?

Homes in CHARLOTTESVILLE, VA 22902 spend an average of 45 days on the market before going under contract, compared to 71 days the prior year.

Is it a seller's or buyer's market in CHARLOTTESVILLE, VA 22902?

Based on current inventory and days-on-market data as of February 2026, CHARLOTTESVILLE, VA 22902 is currently a Balanced Market. Inventory has increased compared to last year, with 28 more homes available — giving buyers more choice. Homes are selling faster, averaging 45 days on market compared to 71 days last year.

How much can I save on real estate commission in CHARLOTTESVILLE, VA?

With SELL123.com's maximum 3% commission, sellers in CHARLOTTESVILLE, VA 22902 save an estimated $11,749 compared to a typical 5% commission on the median listing price of $587,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.