Market Snapshot
- Median listing price
- $624K
- Median rent
- $1,775/mo
- Days on market
- 287 days
- Gross rental yield
- 3.41%
- STR vs LTR
- $2,143/mo STR · $1,775/mo LTR
The median listing price in Charlottesville, VA ZIP 22901 is $624,000 as of June 2026.
The median market rent in Charlottesville, VA ZIP 22901 is $1,775/month as of June 2026.
The median days on market in Charlottesville, VA ZIP 22901 is 287 days as of June 2026. The market is currently neutral.
At a median list price of $624,000 and a median rent of $1,775/month, the gross rental yield in Charlottesville, VA ZIP 22901 is 3.41% as of June 2026.
In Charlottesville, VA ZIP 22901, median Airbnb revenue is $2,143/month compared to median long-term rent of $1,775/month as of June 2026.
Charlottesville, VA 22901 Real Estate Market Report
ZIP Code: 22901
Report Date: June 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Charlottesville, VA, are approximately 6.5% compared to the 6.0% average seen earlier in 2026, indicating that property owners who secured loans during that period locked in a more favorable rate.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The neighborhood's primary market indicator, the median sold price, is 517,350, which reflects recent transaction activity and should be treated as the principal signal of market value; downward price pressure is present according to broader trend data.
- The median listing price is 624,000 versus the median sold price of 517,350, a spread that suggests pricing friction where seller expectations appear above realized transaction values and may indicate negotiation room for buyers.
- Market liquidity is slow: the median days on market is 287, which points to slower sales velocity and, combined with the neutral market temperature, suggests a market that is balanced to cooling rather than accelerating.
- Rental fundamentals remain supportive for investors and landlords: the median market rent is 1,775 and rent year-over-year trend is up, while interest rate pressure is described as moderate, creating cautious lending conditions and modest yield support.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Sold above market average
Sold at market average
Sold above market average
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.53% rate, 0.9% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
Get personalized market intelligence
Explore real-time property analysis in Charlottesville, VA: valuations, rental estimates, costs, and pro-forma projections.