Charlottesville, VA 22901 - Real Estate Investment Insights & Performance Data

Welcome to our 22901 real estate data hub, tailored for investors in Charlottesville, VA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 22901 in Charlottesville, VA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in ALBEMARLE COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Charlottesville, VA real estate investing. Uncover the wealth of information available, and position yourself for success in the Charlottesville property market.

• Location Overview

  • Zip Code: 22901
  • City: Charlottesville
  • State: VA
  • Metro Area: Charlottesville, VA
  • County Name: ALBEMARLE COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $456,315
  • Average Home Price (Single Family Homes): $497,159
  • Average Monthly Rental Price (All Types): $1,630
  • Price-to-Rent Ratio: 23
  • Zillow Projected % appreciation from 4/2023-4/2024: 0.9%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,450
  • Average 3 Bedroom Section 8 Rental Rates: $1,800
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 26.23
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 21.13
  • Number of Units Offered in Section 8 in the County: 27
  • Number of Occupied Units in Section 8 in the County: 26
  • Percentage of Section 8 Units Occupied in the County: 98%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 224.91
  • Total % Appreciation since 2000 (Government Data): 149.65
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.2%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.48%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 26.01%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 39.07%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 71.58%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 44.73%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 106.88%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.68%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 7.13%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 24.39%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 33.38%