CHARLOTTESVILLE Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Charlottesville averaged
7.13%
for the week of 2024-04-18, compared to the national average of
7.1% for the same period.
The average rate for the prior week (2024-04-11) was
6.71% and
one month ago for the week of 2024-03-14, the
average rate was 6.57%.
Charlottesville's average rate one year ago was 5.9%.
For refis of the same type during the week of 2024-04-18, the average rate
was 7.89%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-04-18 | 7.1% |
| Charlottesville 30 Year Fixed Rate | 2024-04-18 | 7.13% |
| Charlottesville 30 Year Fixed Rate Refi | 2024-04-18 | 7.89% |
| Charlottesville 15 Year Fixed Rate | 2024-04-18 | 6.59% |
| Charlottesville 15 Year Fixed Rate Refi | 2024-04-18 | 6.69% |
| Charlottesville 30 Year FHA | 2024-04-18 | 6.64% |
| Charlottesville 30 Year FHA Refi | 2024-04-18 | 7.06% |
| Charlottesville 30 Year USDA | 2024-04-18 | 7.06% |
| Charlottesville 30 Year USDA Refi | 2024-04-18 | 6.86% |
| Charlottesville 30 Year VA | 2024-04-18 | 6.44% |
| Charlottesville 30 Year VA Refi | 2024-04-18 | 6.76% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within CHARLOTTESVILLE, VA.
CHARLOTTESVILLE Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the CHARLOTTESVILLE, VA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
CHARLOTTESVILLE Average Closing Costs & Other Stats
CHARLOTTESVILLE, VA's 189 lenders originated 4,025
loans during 2023. The total origination value was $1,349,075,000, with an average loan value of
$335,174.
CHARLOTTESVILLE's average closing costs are $5,358.
The top CHARLOTTESVILLE lender as defined by loan originations is First Heritage Mortgage, LLC, with
175 loans originated. Their average total fees are
$6,741, which is $1,613
higher than the next largest lender,
Fulton Bank.
The lowest fee CHARLOTTESVILLE lenders (with over 10 loans originated) are
CAPITAL CENTER, L.L.C. ($3,018), Alcova Mortgage LLC ($3,503), DUPONT COMMUNITY ($3,986), Morgan Stanley Private Bank ($4,639) and U.S. Bank ($4,771).
The lowest rate CHARLOTTESVILLE lenders (with over 10 loans originated) are
Citibank (5.33%), DUPONT COMMUNITY (5.64%), NAVY FEDERAL CREDIT UNION (5.89%), Morgan Stanley Private Bank (5.92%) and Wells Fargo Bank (6.01%).
CHARLOTTESVILLE, VA Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| Fulton Bank | $143,650,000 | $110,695,000 | -22.9% | 8.2% |
| First Heritage Mortgage, LLC | $131,665,000 | $81,730,000 | -37.9% | 6.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $70,380,000 | $59,300,000 | -15.7% | 4.4% |
| QUICKEN LOANS, LLC | $93,605,000 | $48,685,000 | -48.0% | 3.6% |
| Truist | $77,810,000 | $48,605,000 | -37.5% | 3.6% |
| Member Options, LLC | $45,905,000 | $48,215,000 | 5.0% | 3.6% |
| Atlantic Coast Mortgage, LLC | $61,725,000 | $43,655,000 | -29.3% | 3.2% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $54,215,000 | $42,905,000 | -20.9% | 3.2% |
| Bank of America | $44,465,000 | $36,295,000 | -18.4% | 2.7% |
| NORTHMARQ CAPITAL FINANCE, L.L.C. | $35,245,000 | n/a | 2.6% | |
| NFM, INC. | $39,505,000 | $35,035,000 | -11.3% | 2.6% |
| UNIVERSITY OF VIRGINIA COMMUNITY CREDIT UNION,INC. | $27,980,000 | $29,315,000 | 4.8% | 2.2% |
| NAVY FEDERAL CREDIT UNION | $25,805,000 | $27,890,000 | 8.1% | 2.1% |
| Prosperity Home Mortgage, LLC | $30,470,000 | $26,635,000 | -12.6% | 2.0% |
| JPMorgan Chase Bank | $31,000,000 | $24,050,000 | -22.4% | 1.8% |
| Atlantic Union Bank | $24,005,000 | $23,180,000 | -3.4% | 1.7% |
| Towne First Mortgage, LLC | $21,820,000 | $18,090,000 | -17.1% | 1.3% |
| Wells Fargo Bank | $49,355,000 | $17,575,000 | -64.4% | 1.3% |
| Citibank | $7,445,000 | $17,235,000 | 131.5% | 1.3% |
| Virginia Credit Union, Inc. | $16,640,000 | $16,360,000 | -1.7% | 1.2% |
| NVR Mortgage Finance, Inc. | $48,520,000 | $15,530,000 | -68.0% | 1.2% |
| First-Citizens Bank & Trust Company | $28,370,000 | $15,400,000 | -45.7% | 1.1% |
| Citizens Bank | $22,350,000 | $14,555,000 | -34.9% | 1.1% |
| Mortgage Research Center, LLC | $16,900,000 | $13,935,000 | -17.5% | 1.0% |
| Ixonia Bank | $17,870,000 | $13,595,000 | -23.9% | 1.0% |
| Citizens and Farmers Bank | $4,905,000 | $13,435,000 | 173.9% | 1.0% |
| MOVEMENT MORTGAGE, LLC | $20,305,000 | $13,310,000 | -34.4% | 1.0% |
| Blue Ridge Bank | $32,240,000 | $12,800,000 | -60.3% | 0.9% |
| Morgan Stanley Private Bank | $16,405,000 | $12,780,000 | -22.1% | 0.9% |
| INTERCOASTAL MORTGAGE COMPANY | $8,695,000 | $10,290,000 | 18.3% | 0.8% |
| USAA Federal Savings Bank | $9,630,000 | $10,290,000 | 6.9% | 0.8% |
| Waterstone Mortgage Corporation | $15,180,000 | $9,935,000 | -34.6% | 0.7% |
| Alcova Mortgage LLC | $10,385,000 | $9,475,000 | -8.8% | 0.7% |
| EMBRACE HOME LOANS, INC. | $9,090,000 | $9,210,000 | 1.3% | 0.7% |
| PENTAGON FEDERAL CREDIT UNION | $9,660,000 | $9,155,000 | -5.2% | 0.7% |
| U.S. Bank | $10,820,000 | $9,110,000 | -15.8% | 0.7% |
| Carter Bank & Trust | $7,510,000 | $8,910,000 | 18.6% | 0.7% |
| C & F Mortgage Corporation | $15,355,000 | $8,355,000 | -45.6% | 0.6% |
| Presidential Bank, FSB | $27,795,000 | $8,070,000 | -71.0% | 0.6% |
| ROSS MORTGAGE CORPORATION | $3,850,000 | $6,560,000 | 70.4% | 0.5% |
| GUILD MORTGAGE COMPANY | $11,555,000 | $6,400,000 | -44.6% | 0.5% |
| PNC Bank | $9,140,000 | $6,295,000 | -31.1% | 0.5% |
| Charles Schwab Bank, SSB | $3,500,000 | $6,245,000 | 78.4% | 0.5% |
| PENNYMAC LOAN SERVICES, LLC | $14,065,000 | $6,240,000 | -55.6% | 0.5% |
| Towne Mortgage, LLC | $11,240,000 | $6,170,000 | -45.1% | 0.5% |
| CAPITAL CENTER, L.L.C. | $16,420,000 | $5,820,000 | -64.6% | 0.4% |
| K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. | $1,150,000 | $5,745,000 | 399.6% | 0.4% |
| GUARANTEED RATE, INC. | $23,725,000 | $5,740,000 | -75.8% | 0.4% |
| Renasant Bank | $12,900,000 | $5,385,000 | -58.3% | 0.4% |
| DUPONT COMMUNITY | $6,960,000 | $5,220,000 | -25.0% | 0.4% |
| CMG MORTGAGE, INC. | $3,585,000 | $5,185,000 | 44.6% | 0.4% |
| Community Bank of the Chesapeake | $2,490,000 | $5,065,000 | 103.4% | 0.4% |
| Bank of the James | $12,235,000 | $4,800,000 | -60.8% | 0.4% |
| LOANDEPOT.COM, LLC | $19,385,000 | $4,555,000 | -76.5% | 0.3% |
| George Mason Mortgage, LLC | $20,095,000 | $4,480,000 | -77.7% | 0.3% |
| First National Bank of Pennsylvania | $4,985,000 | $4,450,000 | -10.7% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $11,430,000 | $4,365,000 | -61.8% | 0.3% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,315,000 | $4,335,000 | 87.3% | 0.3% |
| FIRST BANCORP | $2,815,000 | $4,300,000 | 52.8% | 0.3% |
| TOWER | $4,940,000 | $3,975,000 | -19.5% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $7,250,000 | $3,915,000 | -46.0% | 0.3% |
| TD Bank | $5,525,000 | $3,895,000 | -29.5% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $10,200,000 | $3,780,000 | -62.9% | 0.3% |
| FIRST SAVINGS MORTGAGE CORPORATION | $3,100,000 | $3,760,000 | 21.3% | 0.3% |
| GSF Mortgage Corporation | $845,000 | $3,665,000 | 333.7% | 0.3% |
| UNION HOME MORTGAGE CORP. | $365,000 | $3,585,000 | 882.2% | 0.3% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,445,000 | $3,555,000 | 146.0% | 0.3% |
| PIONEER BANK | $6,605,000 | $3,535,000 | -46.5% | 0.3% |
| SOUTHERN TRUST MORTGAGE, LLC | $1,680,000 | $3,480,000 | 107.1% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $4,585,000 | $3,400,000 | -25.8% | 0.3% |
| NEWREZ LLC | $4,950,000 | $3,285,000 | -33.6% | 0.2% |
| F & M BANK CORP. | $3,775,000 | $3,200,000 | -15.2% | 0.2% |
| United Bank | $6,140,000 | $3,185,000 | -48.1% | 0.2% |
| Farm Credit of the Virginias, ACA | $3,475,000 | $3,150,000 | -9.4% | 0.2% |
| BETTER MORTGAGE CORPORATION | $9,975,000 | $2,865,000 | -71.3% | 0.2% |
| The Federal Savings Bank | $3,295,000 | $2,710,000 | -17.8% | 0.2% |
| Integrity Home Mortgage Corp | $5,105,000 | $2,665,000 | -47.8% | 0.2% |
| DEEPHAVEN MORTGAGE LLC | $395,000 | $2,630,000 | 565.8% | 0.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $15,115,000 | $2,595,000 | -82.8% | 0.2% |
| Barrington Bank & Trust Company, N.A. | $9,720,000 | $2,585,000 | -73.4% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,530,000 | $2,575,000 | 68.3% | 0.2% |
| SOUTHWEST STAGE FUNDING, LLC | $1,015,000 | $2,400,000 | 136.5% | 0.2% |
| Shore United Bank | $2,260,000 | n/a | 0.2% | |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $1,230,000 | $2,255,000 | 83.3% | 0.2% |
| Third Federal Savings and Loan Association of Cleveland | $3,250,000 | $2,130,000 | -34.5% | 0.2% |
| Summit Community Bank, Inc. | $2,110,000 | n/a | 0.2% | |
| Discover Bank | $1,325,000 | $2,005,000 | 51.3% | 0.1% |
| STATE EMPLOYEES' | $1,620,000 | $1,995,000 | 23.1% | 0.1% |
| FREEDOM MORTGAGE CORPORATION | $10,755,000 | $1,955,000 | -81.8% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $1,000,000 | $1,925,000 | 92.5% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $255,000 | $1,910,000 | 649.0% | 0.1% |
| NBKC BANK | $3,340,000 | $1,885,000 | -43.6% | 0.1% |
| Frontier Community Bank | $1,870,000 | n/a | 0.1% | |
| BNC National Bank | $1,790,000 | $1,845,000 | 3.1% | 0.1% |
| CARDINAL FINANCIAL | $5,015,000 | $1,840,000 | -63.3% | 0.1% |
| The Central Trust Bank | $900,000 | $1,840,000 | 104.4% | 0.1% |
| Northpointe Bank | $1,305,000 | $1,835,000 | 40.6% | 0.1% |
| WesBanco | $1,790,000 | n/a | 0.1% | |
| CBM Mortgage, Inc. | $7,100,000 | $1,785,000 | -74.9% | 0.1% |
| Union Savings Bank | $1,765,000 | n/a | 0.1% | |
| GUARANTY HOME MORTGAGE CORPORATION | $4,020,000 | $1,740,000 | -56.7% | 0.1% |
| City National Bank of West Virginia | $325,000 | $1,720,000 | 429.2% | 0.1% |
| BROKER SOLUTIONS, INC. | $4,355,000 | $1,710,000 | -60.7% | 0.1% |
| Figure Lending LLC | $1,195,000 | $1,670,000 | 39.7% | 0.1% |
| United Nations Federal Credit Union | $5,235,000 | $1,665,000 | -68.2% | 0.1% |
| Apple Federal Credit Union | $1,095,000 | $1,640,000 | 49.8% | 0.1% |
| City National Bank | $1,855,000 | $1,625,000 | -12.4% | 0.1% |
| REDWOOD RESIDENTIAL ACQUISITION CORPORATION | $1,605,000 | n/a | 0.1% | |
| Raymond James Bank | $2,990,000 | $1,600,000 | -46.5% | 0.1% |
| NEW DAY FINANCIAL, LLC | $1,945,000 | $1,505,000 | -22.6% | 0.1% |
| Towne Bank | $1,525,000 | $1,460,000 | -4.3% | 0.1% |
| Bank of Clarke County | $1,450,000 | n/a | 0.1% | |
| Virginia National Bank | $5,440,000 | $1,345,000 | -75.3% | 0.1% |
| Flagstar Bank, FSB | $4,625,000 | $1,280,000 | -72.3% | 0.1% |
| T2 FINANCIAL LLC | $1,280,000 | n/a | 0.1% | |
| BAY EQUITY LLC | $1,245,000 | n/a | 0.1% | |
| MILEND, INC. | $1,245,000 | n/a | 0.1% | |
| First Horizon Bank | $2,165,000 | $1,240,000 | -42.7% | 0.1% |
| The Northern Trust Company | $4,715,000 | $1,215,000 | -74.2% | 0.1% |
| LegacyBank | $1,205,000 | n/a | 0.1% | |
| Sandy Spring Bank | $580,000 | $1,205,000 | 107.8% | 0.1% |
| The Huntington National Bank | $3,570,000 | $1,205,000 | -66.2% | 0.1% |
| Colonial Farm Credit, ACA | $1,170,000 | n/a | 0.1% | |
| Tidewater Home Funding, LLC | $255,000 | $1,150,000 | 351.0% | 0.1% |
| Stifel Bank and Trust | $5,490,000 | $1,145,000 | -79.1% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,140,000 | $1,130,000 | -0.9% | 0.1% |
| Mid-Continent Funding, Inc. | $225,000 | $1,115,000 | 395.6% | 0.1% |
| CALIBER HOME LOANS, INC. | $5,335,000 | $1,060,000 | -80.1% | 0.1% |
| UBS Bank USA | $2,530,000 | $1,050,000 | -58.5% | 0.1% |
| FREEDOM FIRST | $430,000 | $1,040,000 | 141.9% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $1,005,000 | n/a | 0.1% | |
| BMO Harris Bank | $920,000 | $1,005,000 | 9.2% | 0.1% |
| First Federal Bank | $305,000 | $1,005,000 | 229.5% | 0.1% |
| FIRST HOME MORTGAGE CORPORATION | $1,570,000 | $1,005,000 | -36.0% | 0.1% |
| Goldman Sachs Bank USA | $6,740,000 | $1,005,000 | -85.1% | 0.1% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $910,000 | $960,000 | 5.5% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $580,000 | $925,000 | 59.5% | 0.1% |
| Aurora Financial, LLC | $770,000 | $890,000 | 15.6% | 0.1% |
| Kwik Mortgage Corporation | $1,240,000 | $870,000 | -29.8% | 0.1% |
| First Carolina Bank | $855,000 | n/a | 0.1% | |
| LANGLEY | $1,660,000 | $855,000 | -48.5% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $855,000 | n/a | 0.1% | |
| LAKEVIEW LOAN SERVICING, LLC | $3,875,000 | $845,000 | -78.2% | 0.1% |
| NexBank | $840,000 | n/a | 0.1% | |
| MASON MCDUFFIE MORTGAGE CORPORATION | $185,000 | $825,000 | 345.9% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $195,000 | $825,000 | 323.1% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $1,135,000 | $815,000 | -28.2% | 0.1% |
| 1ST ADVANTAGE FEDERAL CREDIT UNION | $55,000 | $805,000 | 1,363.6% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $3,995,000 | $795,000 | -80.1% | 0.1% |
| Chesapeake Bank | $155,000 | $790,000 | 409.7% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $790,000 | n/a | 0.1% | |
| FIRST COLONY MORTGAGE CORPORATION | $790,000 | n/a | 0.1% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $1,145,000 | $760,000 | -33.6% | 0.1% |
| JAMS-01, INC. | $850,000 | $760,000 | -10.6% | 0.1% |
| BNY Mellon | $3,080,000 | $755,000 | -75.5% | 0.1% |
| Metro City Bank | $750,000 | n/a | 0.1% | |
| Lakeview Community Capital, LLC | $630,000 | $745,000 | 18.3% | 0.1% |
| COMMONWEALTH ONE FEDERAL CREDIT UNION | $165,000 | $735,000 | 345.5% | 0.1% |
| LIMA ONE CAPITAL, LLC | $135,000 | $735,000 | 444.4% | 0.1% |
| NATIONAL BANKSHARES, INC. | $760,000 | $730,000 | -3.9% | 0.1% |
| CityWorth Mortgage LLC | $685,000 | n/a | 0.1% | |
| Plains Commerce Bank | $255,000 | $675,000 | 164.7% | 0.1% |
| HOMESPIRE MORTGAGE CORPORATION | $385,000 | $670,000 | 74.0% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $650,000 | n/a | 0.0% | |
| Carrington Mortgage Services, LLC | $1,465,000 | $645,000 | -56.0% | 0.0% |
| Citizens Bank and Trust Company | $55,000 | $645,000 | 1,072.7% | 0.0% |
| Cornerstone First Mortgage, Inc | $430,000 | $645,000 | 50.0% | 0.0% |
| M&T Bank | $1,970,000 | $640,000 | -67.5% | 0.0% |
| HighTechLending Inc | $635,000 | n/a | 0.0% | |
| First National Bank of America | $450,000 | $630,000 | 40.0% | 0.0% |
| THRIVE MORTGAGE, LLC | $590,000 | $630,000 | 6.8% | 0.0% |
| First IC Corporation | $600,000 | n/a | 0.0% | |
| Signature Federal Credit Union | $105,000 | $595,000 | 466.7% | 0.0% |
| MICHIGAN MUTUAL, INC. | $580,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $440,000 | $570,000 | 29.5% | 0.0% |
| NASA Federal Credit Union | $55,000 | $560,000 | 918.2% | 0.0% |
| PLANET HOME LENDING, LLC | $1,245,000 | $560,000 | -55.0% | 0.0% |
| DIRECT MORTGAGE LOANS, LLC | $555,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $740,000 | $555,000 | -25.0% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $945,000 | $545,000 | -42.3% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $365,000 | $525,000 | 43.8% | 0.0% |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $305,000 | $520,000 | 70.5% | 0.0% |
| Goldwater Bank, N.A. | $515,000 | n/a | 0.0% | |
| First Merchants Bank | $505,000 | n/a | 0.0% | |
| First Reliance Bank | $505,000 | n/a | 0.0% | |
| GoPrime Mortgage, Inc. | $505,000 | n/a | 0.0% | |
| Leader Bank | $445,000 | $505,000 | 13.5% | 0.0% |
| First Bank | $165,000 | $500,000 | 203.0% | 0.0% |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $250,000 | $500,000 | 100.0% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $495,000 | n/a | 0.0% | |
| Northwest Federal Credit Union | $2,015,000 | $495,000 | -75.4% | 0.0% |
| PREMIA MORTGAGE, LLC | $475,000 | $495,000 | 4.2% | 0.0% |
| STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED | $2,700,000 | $485,000 | -82.0% | 0.0% |
| KeyBank | $1,265,000 | $480,000 | -62.1% | 0.0% |
| American Security Mortgage Corp. | $630,000 | $475,000 | -24.6% | 0.0% |
| Southern Bank and Trust Company | $475,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $505,000 | $465,000 | -7.9% | 0.0% |
| PEOPLESBANK, A CODORUS VALLEY COMPANY | $465,000 | n/a | 0.0% | |
| ALL REVERSE MORTGAGE, INC. | $445,000 | n/a | 0.0% | |
| The Freedom Bank of Virginia | $990,000 | $445,000 | -55.1% | 0.0% |
| EQUITY RESOURCES, INC. | $435,000 | n/a | 0.0% | |
| HomeTrust Bank | $1,375,000 | $435,000 | -68.4% | 0.0% |
| MORIA DEVELOPMENT, INC. | $435,000 | n/a | 0.0% | |
| Watermark Capital, Inc. | $435,000 | n/a | 0.0% | |
| Meridian Bank Corporation | $425,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $955,000 | $420,000 | -56.0% | 0.0% |
| Strong Home Mortgage, LLC | $1,560,000 | $415,000 | -73.4% | 0.0% |
| ZILLOW HOME LOANS, LLC | $1,055,000 | $415,000 | -60.7% | 0.0% |
| Bank of Springfield | $405,000 | n/a | 0.0% | |
| COMPASS MORTGAGE, INC. | $405,000 | n/a | 0.0% | |
| BancorpSouth | $395,000 | n/a | 0.0% | |
| MEMBERS 1ST FEDERAL CREDIT UNION | $395,000 | n/a | 0.0% | |
| Princeton Mortgage Corporation | $395,000 | n/a | 0.0% | |
| EMM LOANS LLC | $440,000 | $385,000 | -12.5% | 0.0% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $375,000 | n/a | 0.0% | |
| MEMBER ONE | $335,000 | $375,000 | 11.9% | 0.0% |
| TIDEWATER MORTGAGE SERVICES, INC. | $635,000 | $375,000 | -40.9% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $355,000 | n/a | 0.0% | |
| The Farmers Bank of Appomattox | $1,145,000 | $350,000 | -69.4% | 0.0% |
| AgFirst Farm Credit Bank | $4,050,000 | $340,000 | -91.6% | 0.0% |
| Ameris Bank | $2,395,000 | $335,000 | -86.0% | 0.0% |
| BECKAM FUNDING CORP. | $335,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $335,000 | n/a | 0.0% | |
| United States Senate Federal Credit Union | $330,000 | n/a | 0.0% | |
| Hancock Whitney Bank | $325,000 | n/a | 0.0% | |
| Ardent Federal Credit Union | $315,000 | n/a | 0.0% | |
| CONTOUR MORTGAGE CORPORATION | $295,000 | $315,000 | 6.8% | 0.0% |
| John Marshall Bank | $315,000 | n/a | 0.0% | |
| State Department Federal Credit Union | $940,000 | $315,000 | -66.5% | 0.0% |
| FAY SERVICING, LLC | $305,000 | n/a | 0.0% | |
| MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION | $305,000 | n/a | 0.0% | |
| NORTHROP GRUMMAN Federal Credit Union | $660,000 | $305,000 | -53.8% | 0.0% |
| Touchstone Bank | $820,000 | $305,000 | -62.8% | 0.0% |
| Ally Bank | $1,290,000 | $295,000 | -77.1% | 0.0% |
| LOANPAL, LLC | $1,250,000 | $285,000 | -77.2% | 0.0% |
| Peoples Bank | $245,000 | $285,000 | 16.3% | 0.0% |
| Residential Mortgage Solutions, Inc. | $285,000 | n/a | 0.0% | |
| Skyline National Bank | $285,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $280,000 | $280,000 | 0.0% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $280,000 | n/a | 0.0% | |
| Gulf Coast Bank and Trust Company | $275,000 | n/a | 0.0% | |
| Victorian Finance, LLC | $275,000 | n/a | 0.0% | |
| NEW WAVE LENDING GROUP INC | $265,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $890,000 | $265,000 | -70.2% | 0.0% |
| American Bank and Trust Company | $255,000 | n/a | 0.0% | |
| C&F Select LLC | $540,000 | $255,000 | -52.8% | 0.0% |
| OAKTREE FUNDING CORP. | $255,000 | $255,000 | 0.0% | 0.0% |
| Regions Bank | $175,000 | $255,000 | 45.7% | 0.0% |
| ALLIANT CREDIT UNION | $85,000 | $245,000 | 188.2% | 0.0% |
| NP, Inc. | $645,000 | $245,000 | -62.0% | 0.0% |
| SWBC MORTGAGE CORPORATION | $1,095,000 | $245,000 | -77.6% | 0.0% |
| American National Bank and Trust Company | $630,000 | $240,000 | -61.9% | 0.0% |
| Bank of Botetourt | $235,000 | n/a | 0.0% | |
| Burke & Herbert Bank & Trust Company | $520,000 | $235,000 | -54.8% | 0.0% |
| FIRST ALLIANCE HOME MORTGAGE, LLC | $235,000 | n/a | 0.0% | |
| First Federal Savings and Loan Association of Lakewood | $935,000 | $235,000 | -74.9% | 0.0% |
| Pendleton Community Bank, Inc. | $1,675,000 | $235,000 | -86.0% | 0.0% |
| RESIDENTIAL HOME FUNDING CORP. | $235,000 | n/a | 0.0% | |
| Coastal Community Bank | $225,000 | n/a | 0.0% | |
| MORTGAGEONE, INC. | $225,000 | n/a | 0.0% | |
| USAlliance Federal Credit Union | $220,000 | n/a | 0.0% | |
| Advance Financial Group, LLC | $205,000 | n/a | 0.0% | |
| Arvest Bank | $205,000 | n/a | 0.0% | |
| HOMEXPRESS MORTGAGE CORP. | $205,000 | n/a | 0.0% | |
| Pinnacle Bank | $37,215,000 | $205,000 | -99.4% | 0.0% |
| Towne Mortgage of the Carolinas, LLC | $205,000 | n/a | 0.0% | |
| NEXTMARK | $1,395,000 | $195,000 | -86.0% | 0.0% |
| Select Bank | $3,250,000 | $195,000 | -94.0% | 0.0% |
| EVERETT FINANCIAL, INC. | $735,000 | $185,000 | -74.8% | 0.0% |
| CAMPUS USA | $985,000 | $175,000 | -82.2% | 0.0% |
| Citadel Servicing Corporation | $215,000 | $175,000 | -18.6% | 0.0% |
| FOUNDATION MORTGAGE CORPORATION | $175,000 | n/a | 0.0% | |
| EVANSVILLE TEACHERS | $165,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $155,000 | n/a | 0.0% | |
| Connexus Credit Union | $155,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $135,000 | $155,000 | 14.8% | 0.0% |
| NATION ONE MORTGAGE CORPORATION | $135,000 | $155,000 | 14.8% | 0.0% |
| OPEN MORTGAGE, LLC | $175,000 | $155,000 | -11.4% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $2,725,000 | $155,000 | -94.3% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $350,000 | $145,000 | -58.6% | 0.0% |
| The Bank of Missouri | $145,000 | n/a | 0.0% | |
| MID AMERICA MORTGAGE, INC. | $135,000 | n/a | 0.0% | |
| A&D Mortgage LLC | $125,000 | n/a | 0.0% | |
| Beeline Loans, Inc. | $125,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $125,000 | n/a | 0.0% | |
| Logan Finance Corporation | $115,000 | n/a | 0.0% | |
| NORWICH COMMERCIAL GROUP, INC. | $115,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL NETWORK, INC. | $105,000 | n/a | 0.0% | |
| GTE Federal Credit Union | $105,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $660,000 | $105,000 | -84.1% | 0.0% |
| The Bank of Charlotte County | $105,000 | n/a | 0.0% | |
| RUOFF MORTGAGE COMPANY, INC. | $1,255,000 | $95,000 | -92.4% | 0.0% |
| SONABANK | $95,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $85,000 | n/a | 0.0% | |
| Baxter Credit Union | $680,000 | $75,000 | -89.0% | 0.0% |
| Clearview Federal Credit Union | $75,000 | n/a | 0.0% | |
| JUSTICE Federal Credit Union | $45,000 | $75,000 | 66.7% | 0.0% |
| PARTNERS 1ST Federal Credit Union | $65,000 | $70,000 | 7.7% | 0.0% |
| ARGENT | $65,000 | n/a | 0.0% | |
| First National Bank | $4,630,000 | $45,000 | -99.0% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $155,000 | $45,000 | -71.0% | 0.0% |
| Truliant Federal Credit Union | $45,000 | n/a | 0.0% | |
| DOMINION ENERGY CREDIT UNION | $230,000 | $35,000 | -84.8% | 0.0% |
CHARLOTTESVILLE's top lender by overall market share is Fulton Bank, with 8.2% market share. In second place, with 6.1%, is First Heritage Mortgage, LLC, having originated $81,730,000 in loans. In third place, with 4.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $59,300,000 in loans. In fourth place, with 3.6%, is QUICKEN LOANS, LLC, having originated $48,685,000 in loans. In fifth place, with 3.6%, is Truist, having originated $48,605,000 in loans.
CHARLOTTESVILLE Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - CHARLOTTESVILLE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $409,200 (5.0%) | $578,450 (3.2%) | 1.52 | 1,068 |
| 2018-02-01 | $399,945 (0.5%) | $563,578 (-2.1%) | 1.45 | 1,101 |
| 2018-03-01 | $399,900 (1.0%) | $590,366 (-0.3%) | 1.40 | 1,258 |
| 2018-04-01 | $399,900 (0.0%) | $575,962 (-2.6%) | 1.36 | 1,388 |
| 2018-05-01 | $399,900 (-2.4%) | $572,488 (-3.7%) | 1.34 | 1,473 |
| 2018-06-01 | $399,900 (-2.2%) | $582,012 (-1.3%) | 1.33 | 1,503 |
| 2018-07-01 | $399,900 (-2.4%) | $572,696 (-2.2%) | 1.34 | 1,485 |
| 2018-08-01 | $399,347 (-3.4%) | $603,095 (4.8%) | 1.34 | 1,460 |
| 2018-09-01 | $398,000 (-4.1%) | $582,835 (0.6%) | 1.34 | 1,490 |
| 2018-10-01 | $393,700 (-7.4%) | $582,405 (-1.3%) | 1.33 | 1,503 |
| 2018-11-01 | $399,000 (-4.9%) | $585,685 (2.0%) | 1.35 | 1,357 |
| 2018-12-01 | $389,700 (-5.0%) | $549,319 (-4.7%) | 1.34 | 1,187 |
| 2019-01-01 | $393,150 (-3.9%) | $562,016 (-2.8%) | 1.36 | 1,109 |
| 2019-02-01 | $403,450 (0.9%) | $588,276 (4.4%) | 1.36 | 1,140 |
| 2019-03-01 | $426,900 (6.8%) | $610,035 (3.3%) | 1.40 | 1,266 |
| 2019-04-01 | $434,713 (8.7%) | $633,982 (10.1%) | 1.38 | 1,395 |
| 2019-05-01 | $443,673 (11.0%) | $637,302 (11.3%) | 1.39 | 1,464 |
| 2019-06-01 | $429,900 (7.5%) | $609,006 (4.6%) | 1.34 | 1,466 |
| 2019-07-01 | $429,900 (7.5%) | $615,246 (7.4%) | 1.35 | 1,454 |
| 2019-08-01 | $429,723 (7.6%) | $612,841 (1.6%) | 1.36 | 1,438 |
| 2019-09-01 | $429,457 (7.9%) | $607,101 (4.2%) | 1.37 | 1,436 |
| 2019-10-01 | $429,405 (9.1%) | $592,128 (1.7%) | 1.39 | 1,427 |
| 2019-11-01 | $425,000 (6.5%) | $584,417 (-0.2%) | 1.39 | 1,299 |
| 2019-12-01 | $424,950 (9.1%) | $588,754 (7.2%) | 1.42 | 1,121 |
| 2020-01-01 | $439,975 (11.9%) | $617,976 (10.0%) | 1.47 | 1,023 |
| 2020-02-01 | $449,000 (11.3%) | $635,712 (8.1%) | 1.47 | 1,045 |
| 2020-03-01 | $452,047 (5.9%) | $634,215 (4.0%) | 1.42 | 1,107 |
| 2020-04-01 | $454,440 (4.5%) | $639,735 (0.9%) | 1.42 | 1,115 |
| 2020-05-01 | $467,900 (5.5%) | $646,925 (1.5%) | 1.42 | 1,118 |
| 2020-06-01 | $476,925 (10.9%) | $663,621 (9.0%) | 1.41 | 1,016 |
| 2020-07-01 | $481,350 (12.0%) | $670,189 (8.9%) | 1.40 | 953 |
| 2020-08-01 | $479,900 (11.7%) | $697,131 (13.8%) | 1.38 | 855 |
| 2020-09-01 | $494,450 (15.1%) | $720,472 (18.7%) | 1.42 | 781 |
| 2020-10-01 | $490,000 (14.1%) | $722,449 (22.0%) | 1.40 | 739 |
| 2020-11-01 | $490,700 (15.5%) | $828,535 (41.8%) | 1.43 | 675 |
| 2020-12-01 | $486,950 (14.6%) | $830,720 (41.1%) | 1.45 | 573 |
| 2021-01-01 | $488,900 (11.1%) | $870,102 (40.8%) | 1.46 | 503 |
| 2021-02-01 | $516,549 (15.0%) | $922,898 (45.2%) | 1.50 | 423 |
| 2021-03-01 | $499,425 (10.5%) | $904,344 (42.6%) | 1.42 | 454 |
| 2021-04-01 | $492,125 (8.3%) | $896,678 (40.2%) | 1.33 | 440 |
| 2021-05-01 | $478,000 (2.2%) | $878,177 (35.8%) | 1.27 | 472 |
| 2021-06-01 | $487,695 (2.3%) | $793,274 (19.5%) | 1.28 | 471 |
| 2021-07-01 | $464,990 (-3.4%) | $745,394 (11.2%) | 1.23 | 491 |
| 2021-08-01 | $459,950 (-4.2%) | $752,198 (7.9%) | 1.23 | 487 |
| 2021-09-01 | $482,423 (-2.4%) | $768,755 (6.7%) | 1.29 | 491 |
| 2021-10-01 | $499,000 (1.8%) | $846,243 (17.1%) | 1.33 | 447 |
| 2021-11-01 | $510,525 (4.0%) | $904,703 (9.2%) | 1.36 | 375 |
| 2021-12-01 | $499,950 (2.7%) | $881,793 (6.2%) | 1.35 | 330 |
| 2022-01-01 | $544,329 (11.3%) | $985,848 (13.3%) | 1.47 | 268 |
| 2022-02-01 | $553,725 (7.2%) | $980,091 (6.2%) | 1.44 | 261 |
| 2022-03-01 | $515,779 (3.3%) | $867,811 (-4.0%) | 1.29 | 306 |
| 2022-04-01 | $509,900 (3.6%) | $858,498 (-4.3%) | 1.22 | 342 |
| 2022-05-01 | $509,210 (6.5%) | $869,875 (-1.0%) | 1.16 | 444 |
| 2022-06-01 | $519,728 (6.6%) | $900,578 (13.5%) | 1.16 | 485 |
| 2022-07-01 | $507,691 (9.2%) | $924,316 (24.0%) | 1.14 | 532 |
| 2022-08-01 | $499,935 (8.7%) | $886,019 (17.8%) | 1.16 | 507 |
| 2022-09-01 | $498,875 (3.4%) | $874,690 (13.8%) | 1.17 | 517 |
| 2022-10-01 | $499,900 (0.2%) | $893,372 (5.6%) | 1.18 | 552 |
| 2022-11-01 | $499,495 (-2.2%) | $874,769 (-3.3%) | 1.20 | 553 |
| 2022-12-01 | $524,900 (5.0%) | $883,168 (0.2%) | 1.30 | 509 |
| 2023-01-01 | $542,400 (-0.4%) | $908,840 (-7.8%) | 1.34 | 462 |
| 2023-02-01 | $569,850 (2.9%) | $956,763 (-2.4%) | 1.38 | 451 |
| 2023-03-01 | $584,900 (13.4%) | $941,523 (8.5%) | 1.38 | 471 |
| 2023-04-01 | $567,450 (11.3%) | $898,399 (4.7%) | 1.32 | 525 |
| 2023-05-01 | $562,000 (10.4%) | $877,460 (0.9%) | 1.27 | 519 |
| 2023-06-01 | $569,194 (9.5%) | $897,792 (-0.3%) | 1.28 | 514 |
| 2023-07-01 | $574,900 (13.2%) | $885,060 (-4.3%) | 1.31 | 500 |
| 2023-08-01 | $571,975 (14.4%) | $886,459 (0.1%) | 1.31 | 494 |
| 2023-09-01 | $550,000 (10.3%) | $882,464 (0.9%) | 1.28 | 508 |
| 2023-10-01 | $550,000 (10.0%) | $876,953 (-1.8%) | 1.29 | 540 |
| 2023-11-01 | $562,043 (12.5%) | $857,212 (-2.0%) | 1.34 | 542 |
| 2023-12-01 | $559,990 (6.7%) | $834,702 (-5.5%) | 1.37 | 478 |
| 2024-01-01 | $566,304 (4.4%) | $827,949 (-8.9%) | 1.38 | 436 |
| 2024-02-01 | $562,400 (-1.3%) | $866,679 (-9.4%) | 1.35 | 438 |
| 2024-03-01 | $594,925 (1.7%) | $932,244 (-1.0%) | 1.40 | 454 |
CHARLOTTESVILLE's median listing price for 2024-03-01 was $594,925, a difference of
$10,025
(1.7%) versus the prior year and
$32,525 versus the prior month.
CHARLOTTESVILLE's median listing price comes in at 140% of the national average.
CHARLOTTESVILLE's average listing price for 2024-03-01 was $932,244, a difference of $-9,279 (-1.0%) versus the prior year and $65,565 versus the prior month.
For the 2024-03-01 period, CHARLOTTESVILLE had 454 MLS listings, a difference of 16 listings (4%) versus the prior month and -17 listings (-4%) versus the prior year.
CHARLOTTESVILLE's median listing price comes in at 140% of the national average.
CHARLOTTESVILLE's average listing price for 2024-03-01 was $932,244, a difference of $-9,279 (-1.0%) versus the prior year and $65,565 versus the prior month.
For the 2024-03-01 period, CHARLOTTESVILLE had 454 MLS listings, a difference of 16 listings (4%) versus the prior month and -17 listings (-4%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - CHARLOTTESVILLE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 106 days | 2,387 sqft |
| 2018-02-01 | 83 days | 2,358 sqft |
| 2018-03-01 | 53 days | 2,368 sqft |
| 2018-04-01 | 51 days | 2,370 sqft |
| 2018-05-01 | 55 days | 2,388 sqft |
| 2018-06-01 | 65 days | 2,375 sqft |
| 2018-07-01 | 80 days | 2,372 sqft |
| 2018-08-01 | 87 days | 2,365 sqft |
| 2018-09-01 | 90 days | 2,347 sqft |
| 2018-10-01 | 92 days | 2,361 sqft |
| 2018-11-01 | 95 days | 2,364 sqft |
| 2018-12-01 | 105 days | 2,294 sqft |
| 2019-01-01 | 111 days | 2,309 sqft |
| 2019-02-01 | 103 days | 2,359 sqft |
| 2019-03-01 | 75 days | 2,397 sqft |
| 2019-04-01 | 53 days | 2,407 sqft |
| 2019-05-01 | 58 days | 2,441 sqft |
| 2019-06-01 | 71 days | 2,401 sqft |
| 2019-07-01 | 77 days | 2,412 sqft |
| 2019-08-01 | 80 days | 2,419 sqft |
| 2019-09-01 | 80 days | 2,427 sqft |
| 2019-10-01 | 81 days | 2,432 sqft |
| 2019-11-01 | 86 days | 2,392 sqft |
| 2019-12-01 | 99 days | 2,336 sqft |
| 2020-01-01 | 107 days | 2,347 sqft |
| 2020-02-01 | 98 days | 2,408 sqft |
| 2020-03-01 | 61 days | 2,445 sqft |
| 2020-04-01 | 61 days | 2,438 sqft |
| 2020-05-01 | 72 days | 2,480 sqft |
| 2020-06-01 | 85 days | 2,519 sqft |
| 2020-07-01 | 87 days | 2,494 sqft |
| 2020-08-01 | 73 days | 2,500 sqft |
| 2020-09-01 | 70 days | 2,464 sqft |
| 2020-10-01 | 66 days | 2,415 sqft |
| 2020-11-01 | 67 days | 2,404 sqft |
| 2020-12-01 | 85 days | 2,402 sqft |
| 2021-01-01 | 94 days | 2,315 sqft |
| 2021-02-01 | 77 days | 2,328 sqft |
| 2021-03-01 | 49 days | 2,288 sqft |
| 2021-04-01 | 44 days | 2,304 sqft |
| 2021-05-01 | 41 days | 2,315 sqft |
| 2021-06-01 | 48 days | 2,320 sqft |
| 2021-07-01 | 45 days | 2,263 sqft |
| 2021-08-01 | 50 days | 2,248 sqft |
| 2021-09-01 | 51 days | 2,276 sqft |
| 2021-10-01 | 62 days | 2,281 sqft |
| 2021-11-01 | 64 days | 2,255 sqft |
| 2021-12-01 | 68 days | 2,286 sqft |
| 2022-01-01 | 80 days | 2,310 sqft |
| 2022-02-01 | 52 days | 2,274 sqft |
| 2022-03-01 | 34 days | 2,182 sqft |
| 2022-04-01 | 32 days | 2,162 sqft |
| 2022-05-01 | 34 days | 2,221 sqft |
| 2022-06-01 | 39 days | 2,253 sqft |
| 2022-07-01 | 45 days | 2,239 sqft |
| 2022-08-01 | 52 days | 2,205 sqft |
| 2022-09-01 | 51 days | 2,213 sqft |
| 2022-10-01 | 46 days | 2,207 sqft |
| 2022-11-01 | 53 days | 2,198 sqft |
| 2022-12-01 | 64 days | 2,220 sqft |
| 2023-01-01 | 82 days | 2,242 sqft |
| 2023-02-01 | 80 days | 2,265 sqft |
| 2023-03-01 | 50 days | 2,278 sqft |
| 2023-04-01 | 44 days | 2,230 sqft |
| 2023-05-01 | 51 days | 2,255 sqft |
| 2023-06-01 | 56 days | 2,250 sqft |
| 2023-07-01 | 57 days | 2,247 sqft |
| 2023-08-01 | 48 days | 2,250 sqft |
| 2023-09-01 | 52 days | 2,259 sqft |
| 2023-10-01 | 51 days | 2,241 sqft |
| 2023-11-01 | 59 days | 2,233 sqft |
| 2023-12-01 | 72 days | 2,249 sqft |
| 2024-01-01 | 81 days | 2,232 sqft |
| 2024-02-01 | 51 days | 2,220 sqft |
| 2024-03-01 | 43 days | 2,265 sqft |
CHARLOTTESVILLE's median listing age (time on market) for 2024-03-01 was 43 days.
This
is -13%
shorter
than the same period one year ago.
CHARLOTTESVILLE's median square footage for active listings during the 2024-03-01 period was 2,265 sqft. One year prior, the average listing was 2,278 sqft.
CHARLOTTESVILLE's median square footage for active listings during the 2024-03-01 period was 2,265 sqft. One year prior, the average listing was 2,278 sqft.
CHARLOTTESVILLE, VA Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 22901 | Charlottesville, VA MSA | $1,210 | $1,210 | $1,450 | $1,800 | $2,230 |
| 22902 | Charlottesville, VA MSA | $1,260 | $1,270 | $1,520 | $1,890 | $2,340 |
| 22903 | Charlottesville, VA MSA | $1,220 | $1,230 | $1,470 | $1,830 | $2,270 |
| 22904 | Charlottesville, VA MSA | $1,220 | $1,230 | $1,470 | $1,830 | $2,270 |
| 22905 | Charlottesville, VA MSA | $1,120 | $1,130 | $1,350 | $1,680 | $2,080 |
| 22906 | Charlottesville, VA MSA | $1,120 | $1,130 | $1,350 | $1,680 | $2,080 |
| 22911 | Charlottesville, VA MSA | $1,300 | $1,310 | $1,560 | $1,940 | $2,400 |
| 22920 | Charlottesville, VA MSA | $1,020 | $1,030 | $1,230 | $1,530 | $1,900 |
| 22922 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 22923 | Charlottesville, VA MSA | $1,290 | $1,300 | $1,550 | $1,930 | $2,390 |
| 22924 | Charlottesville, VA MSA | $1,230 | $1,240 | $1,480 | $1,840 | $2,280 |
| 22931 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 22932 | Charlottesville, VA MSA | $1,330 | $1,340 | $1,600 | $1,990 | $2,470 |
| 22935 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 22936 | Charlottesville, VA MSA | $1,220 | $1,230 | $1,470 | $1,830 | $2,270 |
| 22937 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 22938 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 22940 | Charlottesville, VA MSA | $1,250 | $1,260 | $1,510 | $1,880 | $2,330 |
| 22942 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 22943 | Charlottesville, VA MSA | $1,160 | $1,170 | $1,390 | $1,730 | $2,150 |
| 22945 | Charlottesville, VA MSA | $1,230 | $1,240 | $1,480 | $1,840 | $2,280 |
| 22946 | Charlottesville, VA MSA | $970 | $970 | $1,160 | $1,440 | $1,790 |
| 22947 | Charlottesville, VA MSA | $1,010 | $1,010 | $1,210 | $1,500 | $1,860 |
| 22949 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 22952 | Charlottesville, VA MSA | $970 | $980 | $1,170 | $1,630 | $1,990 |
| 22958 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 22959 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 22963 | Charlottesville, VA MSA | $1,250 | $1,260 | $1,500 | $1,860 | $2,310 |
| 22964 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 22965 | Charlottesville, VA MSA | $1,060 | $1,060 | $1,270 | $1,580 | $1,960 |
| 22967 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 22968 | Charlottesville, VA MSA | $960 | $960 | $1,150 | $1,430 | $1,770 |
| 22969 | Charlottesville, VA MSA | $1,040 | $1,050 | $1,250 | $1,560 | $1,930 |
| 22971 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 22973 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 22974 | Charlottesville, VA MSA | $1,240 | $1,250 | $1,490 | $1,850 | $2,300 |
| 22976 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 23022 | Charlottesville, VA MSA | $1,120 | $1,130 | $1,350 | $1,680 | $2,080 |
| 23038 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 23055 | Charlottesville, VA MSA | $1,050 | $1,060 | $1,240 | $1,560 | $1,930 |
| 23084 | Charlottesville, VA MSA | $1,010 | $1,030 | $1,190 | $1,510 | $1,850 |
| 23093 | Charlottesville, VA MSA | $960 | $980 | $1,140 | $1,440 | $1,770 |
| 24464 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 24483 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 24521 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 24553 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 24562 | Charlottesville, VA MSA | $990 | $990 | $1,190 | $1,470 | $1,830 |
| 24581 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
| 24590 | Charlottesville, VA MSA | $1,000 | $1,000 | $1,200 | $1,490 | $1,850 |
| 24599 | Charlottesville, VA MSA | $930 | $960 | $1,140 | $1,410 | $1,770 |
2022 Average & Median Rent Data Statistics
CHARLOTTESVILLE, VA average 1BR rent: $1,064, median: $985
CHARLOTTESVILLE, VA average 2BR rent: $1,267, median: $1,180
CHARLOTTESVILLE, VA average 3BR rent: $1,577, median: $1,480
CHARLOTTESVILLE, VA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,472 | $1,010,250,000 | $408,677 |
| Home Improvement | 474 | $63,670,000 | $134,325 |
| Other | 459 | $72,705,000 | $158,399 |
| Cash Out Refi | 333 | $129,115,000 | $387,733 |
| Refi | 287 | $73,335,000 | $255,523 |
Charlottesville's most frequently cited loan purpose was Home Purchase, with 2,472 originations. The 2nd most popular reason was Home Improvement, with 474 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,441 | $541,005,000 | $375,437 |
| 7-8% | 832 | $260,320,000 | $312,885 |
| 5-6% | 741 | $352,475,000 | $475,675 |
| Over 8% | 498 | $76,590,000 | $153,795 |
| 4-5% | 82 | $44,670,000 | $544,756 |
| 3-4% | 14 | $4,630,000 | $330,714 |
| 2.5-3% | 3 | $925,000 | $308,333 |
| <2.5% | 2 | $790,000 | $395,000 |
During 2023, Charlottesville's most frequently originated rate bucket was 6-7%, with 1,441 originations.
Loan Sizing (CHARLOTTESVILLE, VA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,554 | $460,370,000 | $296,248 |
| $100,000 or less | 721 | $40,135,000 | $55,666 |
| $400k-600k | 678 | $324,500,000 | $478,614 |
| $100k-200k | 675 | $95,405,000 | $141,341 |
| $600k-1000k | 300 | $220,230,000 | $734,100 |
| $Over $1MM | 97 | $208,435,000 | $2,148,814 |
CHARLOTTESVILLE's loan sizing saw the bucket of loans from $200k-400k with 1,554 originations, totaling $460,370,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,374 | $580,680,000 | $422,620 |
| 60-80% | 892 | $379,890,000 | $425,886 |
| Under 20% | 502 | $43,720,000 | $87,092 |
| 20-40% | 400 | $75,870,000 | $189,675 |
| 40-60% | 365 | $167,425,000 | $458,699 |
| Over 100% | 67 | $29,475,000 | $439,925 |
CHARLOTTESVILLE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,374 originations, totaling $580,680,000 in origination value.