Zillow put the typical Charlottesville home at $511,398 in September 2026, a record and 1.1% higher than a year earlier. Typical rent was $2,029.
Last checked Oct. 18, 2026. This page is refreshed monthly. Figures come from the Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) for the city of Charlottesville through September 2026, the FHFA House Price Index for the Charlottesville metro area through the second quarter of 2026, and the Census Bureau’s 2023 American Community Survey five-year estimates.
The typical home in Charlottesville was worth $511,398 in September 2026, according to Zillow, the highest the index has ever been for the city. That is up 1.1% from $505,842 a year earlier, much slower growth than the run-up of 2020 to 2022. The figure is Zillow’s modeled value for a home in the middle third of the market, not an average of sales, and Zillow revises past months as new sales come in.
What this means for you
- Buyers: values are rising slowly, not falling. Budget for the city’s real estate tax of $0.99 per $100 of assessed value, about $5,063 a year on a $511,398 home.
- Sellers: the index is at a record but rose only about $5,600 in a year.
- Renters: typical asking rent of $2,029 a month rose 1.3% in the year to September.
- Questions about your assessment: City Assessor’s Office, 434-970-3136.
Ten years of home values
The typical value has risen about 65% in 10 years, from $309,995 in September 2016. The biggest jumps came in the year to September 2021 (up 11.7%) and to September 2022 (up 10.2%). Growth slowed to 2.9% in 2023, 5.4% in 2024, 1.6% in 2025 and 1.1% in 2026.
| September | Typical value (ZHVI) | Change from a year earlier |
|---|---|---|
| 2020 | $373,097 | 3.9% |
| 2021 | $416,737 | 11.7% |
| 2022 | $459,029 | 10.2% |
| 2023 | $472,260 | 2.9% |
| 2024 | $497,912 | 5.4% |
| 2025 | $505,842 | 1.6% |
| 2026 | $511,398 | 1.1% |
Month to month, the index has hardly moved in 2026: $509,979 in January, $510,018 in April and $511,398 in September.
The wider market
The Federal Housing Finance Agency’s House Price Index for the Charlottesville metro area, which tracks repeat sales of the same homes, stood at 421.33 in the second quarter of 2026, up 3.1% from 408.86 a year earlier. The metro area includes the city and the surrounding counties, so it moves differently from the city figure.
How Charlottesville compares
| Place | Typical value, September 2026 | One-year change |
|---|---|---|
| Crozet | $585,953 | 2.5% |
| Charlottesville | $511,398 | 1.1% |
| Harrisonburg | $351,999 | 2.9% |
| Waynesboro | $317,266 | 2.8% |
| Staunton | $315,339 | 4.8% |
| Lynchburg | $263,571 | 0.7% |
Crozet, in Albemarle County, is the one nearby community where Zillow’s typical value is higher than the city’s. Values are growing faster in the Shenandoah Valley cities, from a much lower base.
What the Census Bureau says
The Census Bureau’s 2023 American Community Survey five-year estimates put the median value of an owner-occupied home in the city at $448,400 and median household income at $69,829. The survey figures are self-reported by owners and run several years behind Zillow’s, but they are the standard source for comparing places. See our Charlottesville population guide for more from the survey.
How to use these numbers
- Zillow’s value is not your home’s value. Check recent sales on your street and your own assessment on the city’s GIS viewer.
- Your assessment is a different number. The City Assessor values every parcel at fair market value each Jan. 1 and mails change notices at the end of January. See our property tax guide for how to appeal.
- Sales are public. Our weekly real estate transfers list recent deeds recorded in the city.
Related guides: building permits and zoning and moving to Charlottesville.
Home values by ZIP code for each part of the city are in our Charlottesville neighborhoods guide.
Frequently asked questions
What is the average home price in Charlottesville?
Zillow’s Home Value Index put the typical Charlottesville home at $511,398 in September 2026. It is a modeled value for mid-priced homes, not an average sale price.
Are home prices going up in Charlottesville?
Slowly. Zillow’s index rose 1.1% from September 2025 to September 2026 and is at a record high. The FHFA index for the Charlottesville metro area was up 3.1% in the year to the second quarter of 2026.
How much is rent in Charlottesville?
Zillow’s Observed Rent Index put typical asking rent at $2,029 a month in September 2026, up 1.3% from a year earlier.
Is Charlottesville more expensive than nearby cities?
Yes, except Crozet. In September 2026 Zillow’s typical value was $511,398 in Charlottesville and $585,953 in Crozet, against $351,999 in Harrisonburg, $317,266 in Waynesboro and $315,339 in Staunton.
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