Home prices
The median home in Charlottesville costs $299,600. In comparison to nearby areas it is roughly $17,460 (5%) lower.It is about $82,100 (37%) higher compared to the entire nation, and it is about $69,100 (29%) higher compared to the city of Richmond.
Rents
In Charlottesville the median monthly rent is $1,142. This is about $156 (12%) lower in comparison to the surrounding areas.It is approximately $80 (7%) higher in comparison to the US as a whole, and is approximately $117 (11%) higher in comparison to the city of Richmond.
Nearby places
University of Virginia
University of Virginia is Charlottesville's neighbor to the west. Housing prices there are somewhat more expensive. The cost of the median home in University of Virginia is $397,200, which is $97,600 (24%) higher than Charlottesville. Its rents are pretty similar. University of Virginia's median monthly rent is $1,126, which is $16 (1%) lower than Charlottesville.
Pantops
Pantops is Charlottesville's neighbor to the east. Its housing prices are somewhat more expensive. The median home in Pantops is valued at $330,100, which comes out to $30,500 (9%) higher than Charlottesville. Rents there are a bit more expensive. Pantops's median monthly rent is $1,284, which works out to $142 (11%) higher than Charlottesville.
Hollymead
Hollymead is roughly 6 miles north of Charlottesville. Its real estate prices are pretty similar. The median home value in Hollymead is $294,300, which comes out to $5,300 (1%) lower than Charlottesville. Its rents are a little more expensive. In Hollymead the median monthly rent is $1,429, which works out to $287 (20%) higher than Charlottesville.
Piney Mountain
Piney Mountain is roughly 9 miles north from Charlottesville. Its real estate prices are a lot less expensive. The median home in Piney Mountain is valued at $184,900, which comes out to $114,700 (62%) lower than Charlottesville. The rent there is somewhat more expensive. Piney Mountain's median rent is $1,216 a month, which is $74 (6%) higher than Charlottesville.
Crozet
Crozet is approximately 10 miles west from Charlottesville. Its housing prices are a bit more expensive. Crozet's median home price is $378,800, which comes out to $79,200 (20%) higher than Charlottesville. The rent there is a little more expensive. In Crozet the median rent is $1,437 a month, which comes out to $295 (20%) higher than Charlottesville.
