Albemarle County, VA Home Values & Market Trends
The median home price in Albemarle County, VA is $507,960.33. There were 1,719 home sales in Albemarle County, VA over the past 12 months. The median residential Albemarle County, VA home value for transactions over the previous year is $450,500. The number of current listings in Albemarle County, VA is 239, and the percentage of properties for sale is 239.00%. The county has 13 foreclosures, 2 bank owned properties, 11 headed for auction, and 239 properties for sale.
Albemarle County, VA Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Charlottesville | $ 515,757 $ 252/sqft | Free Union | $ 619,000 $ 244/sqft |
| Crozet | $ 549,900 $ 254/sqft | Esmont | $ 379,990 $ 193/sqft |
| Earlysville | $ 671,020 $ 226/sqft | Greenwood | $ 1,906,188 $ 287/sqft |
| Keswick | $ 924,630 $ 275/sqft | Covesville | $ 334,181 $ 71/sqft |
| Scottsville | $ 420,438 $ 196/sqft | Keene | $ -- $ -- |
| North Garden | $ 1,999,999 $ 366/sqft |
Housing Market Summary for Albemarle County, VA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $564.5K | $508.1K | -9.99% |
| Median Sold Price | $484.1K | $508.1K | 4.96% |
| Homes For Sale | 282 | 209 | -25.89% |
| Homes Sold | 828 | 742 | -10.39% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Albemarle County, VA
Browse Homes in Albemarle County, VA
Albemarle County, VA home values range from $24,438 to $17,781,796. North Garden is the priciest city with a median listing home price of $3,950,000, and Covesville is most affordable with average house prices of around $375,000.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Albemarle County, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 11 cities within Albemarle County, VA; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Albemarle County, VA ranges from the highest value of $0 in Keene to the lowest value of $0 in Charlottesville. Bank owned homes and properties account for 0.01% of properties in Albemarle County, VA. There are 11 cities within Albemarle County, VA; Charlottesville containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsCharlottesville has 7 auction properties, the highest number of properties going to auction in a single city in the state of Albemarle County, VA. Auction homes and other auction properties account for 0.03% of all properties in Albemarle County, VA. There are 11 cities within Albemarle County, VA; of those cities, the median estimated home value for homes going to auction ranges from $531,521 in Free Union to the lowest value of $161,487 in Free Union.
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More Real Estate Resources for Albemarle County, VA
Guide for Albemarle County, VA
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