Albemarle County, Virginia home prices
Typical home $549,955 · +2.0% in a year · property tax 0.75%
The typical home in Albemarle County is worth $549,955, 33% more than the Virginia typical home ($412,252). Values changed +2.0% in the past year and +26.6% over five years. Homeowners here pay a median 0.75% of their home's value in property tax each year ($4,129 on the typical home), versus 0.71% statewide.
Mortgage on the typical Albemarle County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $109,991 | $439,964 | $2,960 | $0 | $619 | $3,579 | $153,400 |
| 10% down | $54,996 | $494,960 | $3,330 | $206 | $619 | $4,155 | $178,100 |
| 5% down | $27,498 | $522,458 | $3,515 | $218 | $619 | $4,351 | $186,500 |
| 3.5% down (FHA) | $19,248 | $539,994 | $3,633 | $243 | $619 | $4,495 | $192,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.75% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Virginia · part of the Charlottesville metro area.
Virginia counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Clarke County | $562,284 | +3.0% | 0.48% |
| Stafford County | $534,189 | +0.6% | 0.7% |
| Rappahannock County | $567,353 | +4.3% | 0.49% |
| Prince William County | $578,429 | +1.1% | 0.94% |
| Goochland County | $583,172 | +3.7% | 0.5% |
| Powhatan County | $494,273 | +2.7% | 0.59% |
| Culpeper County | $488,600 | +3.1% | 0.52% |
| James City County | $484,205 | +1.8% | 0.65% |
| Charlottesville City | $483,274 | +0.5% | 0.8% |
| Manassas City | $481,776 | -0.6% | 1.09% |
Frequently asked questions
What is the average home price in Albemarle County, VA?
The typical home value in Albemarle County is $549,955 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Albemarle County?
About $153,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Albemarle County?
The median effective rate is 0.75% of home value a year (Census ACS 2024 5-year estimates).