There are currently 34,561 real estate properties in CHARLOTTESVILLE, VA, with a median automated valuation model (AVM) price of $371,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in CHARLOTTESVILLE, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in CHARLOTTESVILLE, VA, is $450,650.00, with the most expensive house in CHARLOTTESVILLE, VA, topping out at $50,335,400.00 and the cheapest home in CHARLOTTESVILLE, VA, clocking in at $66,300.00. In other words, there’s something for every potential homebuyer or savvy investor in CHARLOTTESVILLE, VA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in CHARLOTTESVILLE, VA, is on a rollercoaster ride. The average rent price in CHARLOTTESVILLE, VA, is $1,731.00. Indeed, when looking to rent in CHARLOTTESVILLE, VA, you can expect to pay as little as $800.00 or as much as $5,680.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in CHARLOTTESVILLE, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.