Albemarle County, VA Housing

Albemarle, VA County has an excellent housing market with a median value of $451,500. This is much higher than the US median house value of $338,100, making it a great investment opportunity for those looking to buy a home. Not only is the house value high, but the appreciation rate is also very impressive at 14.25%, significantly higher than the US 1 year House Appreciation rate of 8.27%. The Albemarle County housing market is a great place to invest in and should be considered by anyone looking to purchase property.

The median home cost in Albemarle County is $451,500. Home appreciation the last 10 years has been 67.8%. Home Appreciation in Albemarle County is up 15.2%.

Average Age of Homes

- The median age of Albemarle County real estate is 30 years old

The Rental Market in Albemarle County

- Renters make up 31.1% of the Albemarle County population
- 0.8% of houses and apartments in Albemarle County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Albemarle, Virginia	United States
	46,661.0	139,647,020.0
	32	42
	$451,500	$338,100
	15.2%	16.6%
	47.9%	57.0%
	67.8%	101.1%
	$7.52	$10.98
	$2,905	$2,690
	60.9%	57.4%
	7.7%	11.2%
	31.4%	31.4%
Vacant Housing
	0.8%	1.9%
	0.6%	0.4%
	0.3%	0.7%
	0.6%	0.4%
	1.6%	3.6%
	3.7%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	1.0%	2.4%
	0.5%	2.8%
	0.4%	3.9%
	0.4%	4.5%
	3.4%	11.3%
	7.0%	13.0%
	20.0%	20.1%
	18.6%	13.6%
	15.5%	8.3%
	19.0%	9.7%
	7.3%	3.9%
	3.0%	2.2%
	1.1%	0.8%
	1.6%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	16.1%	13.6%
	16.1%	13.6%
	20.3%	13.6%
	17.7%	13.2%
	14.3%	14.8%
	20.3%	13.6%
	3.8%	10.0%
	1.3%	4.7%
	6.2%	12.2%

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