The housing market in 22901 Charlottesville, VA is thriving. The median value of houses in this area is $440,200, which is significantly higher than the US median value of $338,100. Furthermore, the 1 year house appreciation rate in 22901 is 14.98%, much higher than the national average of 8.27%. This indicates that the housing market in this area is strong and growing at a rapid pace. As such, it's an ideal place for those searching for a desirable property to call home.
The median home cost in Charlottesville (zip 22901) is $440,200. Home appreciation the last 10 years has been 68.6%. Home Appreciation in Charlottesville (zip 22901) is up 14.9%.
Average Age of Homes
- The median age of Charlottesville (zip 22901) real estate is 35 years old
The Rental Market in Charlottesville (zip 22901)
- Renters make up 37.0% of the Charlottesville (zip 22901) population
- 0.8% of houses and apartments in Charlottesville (zip 22901), 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.