Charlottesville, VA home prices
Typical home $464,132 · +1.3% in a year · income needed $129,400
The Charlottesville, VA metro area ranks 94 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.3% in a year and +22.6% over five years. With 20% down at 7.11%, the typical home costs about $3,020 a month including 0.75% property tax (Albemarle County rate).
Mortgage on the typical Charlottesville home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $92,826 | $371,305 | $2,498 | $0 | $522 | $3,020 | $129,400 |
| 10% down | $46,413 | $417,719 | $2,810 | $174 | $522 | $3,506 | $150,300 |
| 5% down | $23,207 | $440,925 | $2,966 | $184 | $522 | $3,672 | $157,400 |
| 3.5% down (FHA) | $16,245 | $455,725 | $3,066 | $205 | $522 | $3,793 | $162,600 |
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.
Counties in the Charlottesville area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Albemarle County, VA | $549,955 | +2.0% | 0.75% |
| Charlottesville City, VA | $483,274 | +0.5% | 0.8% |
| Fluvanna County, VA | $372,612 | +1.1% | 0.63% |
| Greene County, VA | $382,417 | +1.2% | 0.61% |
| Nelson County, VA | $362,239 | +3.0% | 0.5% |
What can you afford in Virginia on your salary? · Virginia home prices · Salaries in Virginia
Frequently asked questions
How much is a house in Charlottesville?
The typical home in the Charlottesville, VA metro area is worth $464,132 (Zillow, September 2026).
What salary do you need to buy a house in Charlottesville?
About $129,400 a year for the typical home with 20% down at 7.11%.