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How competitive is the Charlottesville housing market?

P

Primpted Housing Analyst

Updated monthly · Data through August 2026 · v268

Data-backed
Sold Score
61/100
YoY Good Chance of Selling
Pending ratio
0.60
YoY contracts vs active
Inventory YoY
+0.4%
YoY active listings
Median DOM
64
YoY days on market
Price cuts
29.6%
YoY of active listings
Charlottesville is competitive as of August 2026, with a Sold Score of 61/100 (Good Chance of Selling). **Pending ratio** is 0.60 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +38.9% — more choices for buyers than a year ago. **Median days on market** is 64. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 29.6% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (August 2026): Sold Score: 61/100 (Good Chance of Selling) · Pending ratio: 0.60 · Inventory YoY: +38.9% · Median days on market: 64 · Sellers cutting price: 29.6% · Median listing price: $529,900 (-10.0% YoY)

Charlottesville snapshot

As of the latest 2026 data
Median listing
$530K
YoY -0.1%
Active inventory
985
YoY +0.4%
Median DOM
64
YoY +0.0%
Pending ratio
0.60
YoY -0.2%
Price-reduced
14.6%
YoY +0.0%

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