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Charlottesville, VA Real Estate


According to census data in the year 2000 there were 17,591 housing units in Charlottesville. This represents a 4.8% growth from 16,785 in 1990.

Of those housing units, 17,591 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Charlottesville is about 40.9%. Charlottesville's vacancy rate, including seasonal lodging, is about 4.2%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Charlottesville were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type3.60%
One Bedroom15.70%
Two Bedrooms32.60%
Three Bedrooms31.70%
Four Bedrooms12.80%
Five Bedrooms or more3.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1956
Median Value of occupied units$119,000
Median Price asked for vacant units$122,400

Rented Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1966
Median Monthly Rent asked for vacant units$477

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage6.60%
Home Equity Loan7.80%
Simple Mortgage48.10%
Debt Free37.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17%