Market Intelligence Report — VA-820

Charlottesville, VA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-VA-08
As of the latest 2026 data
Accelerated

Median Listing

$530K
-10.0% YoY

Pending Ratio

0.60
-19.2% YoY

Active Inventory

985
+38.9% YoY

Median DOM

64 Days
+4.9% YoY

Primary Intelligence Tool — Sold Score™

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The Charlottesville market is categorized as Accelerated, with a pending ratio of 0.60 reflecting sustained demand absorption. While the median listing price experienced a 10.0% decline year-over-year, the volume of active listings increased significantly by 38.9% over the past year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.3%+0.2 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

228,597+0.6% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Charlottesville market right now.

Active listings have expanded substantially, with a 38.9% year-over-year increase, alongside a 24.4% rise in new listings, indicating a notable expansion of available inventory. Concurrently, the median listing price has compressed by 10.0% year-over-year, and the median price per square foot has seen a 3.1% decline over the same period. The pending ratio currently stands at 0.60, representing a 19.2% year-over-year decrease in demand relative to supply. Days on market extended slightly, increasing by 4.9% year-over-year to 64 days.

Sasha Tripp
Sasha Tripp
Real

Local pricing and inventory dynamics across Charlottesville shift block by block — happy to walk through what's actually closing.

Historical Analysis

Market Trends

Median Price

$530K-3.1% MoM

Active Inventory

985+38.9% YoY

Days on Market

64+4.9% YoY

Sold Score™

61-19.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

61
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Market conditions suggest a rebalancing of negotiating leverage, with an expanding supply of homes as active listings have increased by 38.9% year-over-year. The moderated pace, evidenced by a pending ratio of 0.60 and an increase in days on market, implies that price discipline may become more prevalent. While inventory has grown, demand absorption continues at an accelerated pace, requiring buyers to respond with reasonable swiftness.

Luxury Segment

Evidence suggests softness within the higher-priced segments, as the average listing price declined by 10.9% year-over-year, outpacing the 10.0% decline in the median listing price. This indicates a weakening at the top tier of the market.

Supply Dynamics

985 active listings represent the current floor, with new supply arriving at roughly 408 per month.

Pricing Pressure
14.6%

of active listings carry a price reduction, +2.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -3.1% year-over-year.

Absorption
0.60

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Charlottesville, VA? Homes here are taking 3 days longer to sell than last year.

Demand in Charlottesville, VA is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
60%
Median Days on Market
64 days
Inventory YoY
+39%

Demand is strong in Charlottesville, VA. Check your Sold Score before you price — conditions this favorable don't hold forever.

See how fast my home should sell

Talk to a local listing expert covering Charlottesville, VA.

Sasha Tripp

Real

How these recommendations are chosen →

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Metro Demographics

Metro Area
Charlottesville, VA
CBSA Code
16820
State
VA

ZIPs in Charlottesville, VA

Sorted by active inventory · click a ZIP for its full report

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