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
6.57%
for the week of 2023-06-01, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2023-05-25) was
6.15% and
one month ago for the week of 2023-04-27, the
average rate was 5.91%.
Charlottesville's average rate one year ago was 4.58%.
For refis of the same type during the week of 2023-06-01, the average rate
was 5.92%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-06-01 | 6.79% |
| Charlottesville 30 Year Fixed Rate | 2023-06-01 | 6.57% |
| Charlottesville 30 Year Fixed Rate Refi | 2023-06-01 | 5.92% |
| Charlottesville 15 Year Fixed Rate | 2023-06-01 | 5.84% |
| Charlottesville 15 Year Fixed Rate Refi | 2023-06-01 | 4.79% |
| Charlottesville 30 Year FHA | 2023-06-01 | -0.63% |
| Charlottesville 30 Year FHA Refi | 2023-06-01 | 0.2% |
| Charlottesville 30 Year USDA | 2023-06-01 | -0.1% |
| Charlottesville 30 Year USDA Refi | 2023-06-01 | -0.2% |
| Charlottesville 30 Year VA | 2023-06-01 | -0.61% |
| Charlottesville 30 Year VA Refi | 2023-06-01 | -0.2% |
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 236 lenders originated 5,944
loans during 2022. The total origination value was $2,027,540,000, with an average loan value of
$341,107.
CHARLOTTESVILLE's average closing costs are $5,126.
The top CHARLOTTESVILLE lender as defined by loan originations is First Heritage Mortgage, LLC, with
228 loans originated. Their average total fees are
$6,563, which is $615
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee CHARLOTTESVILLE lenders (with over 10 loans originated) are
CAPITAL CENTER, L.L.C. ($2,264), DUPONT COMMUNITY ($2,863), Alcova Mortgage LLC ($3,696), Barrington Bank & Trust Company, N.A. ($3,843) and Towne Mortgage, LLC ($4,114).
The lowest rate CHARLOTTESVILLE lenders (with over 10 loans originated) are
DUPONT COMMUNITY (3.27%), Morgan Stanley Private Bank (3.58%), JPMorgan Chase Bank (3.90%), BETTER MORTGAGE CORPORATION (3.90%) and First-Citizens Bank & Trust Company (3.98%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| Fulton Bank | $198,260,000 | $143,650,000 | -27.5% | 7.1% |
| First Heritage Mortgage, LLC | $264,755,000 | $131,665,000 | -50.3% | 6.5% |
| QUICKEN LOANS, LLC | $234,730,000 | $93,605,000 | -60.1% | 4.6% |
| Truist | $138,355,000 | $77,810,000 | -43.8% | 3.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $130,335,000 | $70,380,000 | -46.0% | 3.5% |
| Atlantic Coast Mortgage, LLC | $102,400,000 | $61,725,000 | -39.7% | 3.0% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $71,130,000 | $54,215,000 | -23.8% | 2.7% |
| Wells Fargo Bank | $108,335,000 | $49,355,000 | -54.4% | 2.4% |
| NVR Mortgage Finance, Inc. | $22,725,000 | $48,520,000 | 113.5% | 2.4% |
| Member Options, LLC | $42,060,000 | $45,905,000 | 9.1% | 2.3% |
| Bank of America | $71,855,000 | $44,465,000 | -38.1% | 2.2% |
| NFM, INC. | $59,460,000 | $39,505,000 | -33.6% | 1.9% |
| Pinnacle Bank | $345,000 | $37,215,000 | 10,687.0% | 1.8% |
| Blue Ridge Bank | $18,190,000 | $32,240,000 | 77.2% | 1.6% |
| JPMorgan Chase Bank | $35,490,000 | $31,000,000 | -12.7% | 1.5% |
| Prosperity Home Mortgage, LLC | $37,505,000 | $30,470,000 | -18.8% | 1.5% |
| GREYSTONE FUNDING COMPANY LLC | $28,685,000 | n/a | 1.4% | |
| First-Citizens Bank & Trust Company | $24,340,000 | $28,370,000 | 16.6% | 1.4% |
| UNIVERSITY OF VIRGINIA COMMUNITY CREDIT UNION,INC. | $38,745,000 | $27,980,000 | -27.8% | 1.4% |
| Presidential Bank, FSB | $51,070,000 | $27,795,000 | -45.6% | 1.4% |
| NAVY FEDERAL CREDIT UNION | $43,135,000 | $25,805,000 | -40.2% | 1.3% |
| Atlantic Union Bank | $36,025,000 | $24,005,000 | -33.4% | 1.2% |
| GUARANTEED RATE, INC. | $35,770,000 | $23,725,000 | -33.7% | 1.2% |
| Citizens Bank | $20,220,000 | $22,350,000 | 10.5% | 1.1% |
| Towne First Mortgage, LLC | $43,475,000 | $21,820,000 | -49.8% | 1.1% |
| MOVEMENT MORTGAGE, LLC | $46,455,000 | $20,305,000 | -56.3% | 1.0% |
| George Mason Mortgage, LLC | $26,150,000 | $20,095,000 | -23.2% | 1.0% |
| LOANDEPOT.COM, LLC | $66,285,000 | $19,385,000 | -70.8% | 1.0% |
| FINANCE OF AMERICA MORTGAGE LLC | $58,145,000 | $18,615,000 | -68.0% | 0.9% |
| Ixonia Bank | $17,910,000 | $17,870,000 | -0.2% | 0.9% |
| Mortgage Research Center, LLC | $29,060,000 | $16,900,000 | -41.8% | 0.8% |
| Virginia Credit Union, Inc. | $20,610,000 | $16,640,000 | -19.3% | 0.8% |
| CAPITAL CENTER, L.L.C. | $44,685,000 | $16,420,000 | -63.3% | 0.8% |
| Morgan Stanley Private Bank | $7,785,000 | $16,405,000 | 110.7% | 0.8% |
| C & F Mortgage Corporation | $28,040,000 | $15,355,000 | -45.2% | 0.8% |
| Waterstone Mortgage Corporation | $42,240,000 | $15,180,000 | -64.1% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $43,625,000 | $15,115,000 | -65.4% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $53,360,000 | $14,065,000 | -73.6% | 0.7% |
| Renasant Bank | $23,435,000 | $12,900,000 | -45.0% | 0.6% |
| Bank of the James | $1,730,000 | $12,235,000 | 607.2% | 0.6% |
| GUILD MORTGAGE COMPANY | $9,550,000 | $11,555,000 | 21.0% | 0.6% |
| AMERISAVE MORTGAGE CORPORATION | $36,675,000 | $11,430,000 | -68.8% | 0.6% |
| Towne Mortgage, LLC | $8,695,000 | $11,240,000 | 29.3% | 0.6% |
| U.S. Bank | $36,420,000 | $10,820,000 | -70.3% | 0.5% |
| FREEDOM MORTGAGE CORPORATION | $70,980,000 | $10,755,000 | -84.8% | 0.5% |
| Alcova Mortgage LLC | $17,325,000 | $10,385,000 | -40.1% | 0.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $6,820,000 | $10,200,000 | 49.6% | 0.5% |
| BETTER MORTGAGE CORPORATION | $27,365,000 | $9,975,000 | -63.5% | 0.5% |
| Barrington Bank & Trust Company, N.A. | $9,990,000 | $9,720,000 | -2.7% | 0.5% |
| PENTAGON FEDERAL CREDIT UNION | $15,005,000 | $9,660,000 | -35.6% | 0.5% |
| USAA Federal Savings Bank | $16,490,000 | $9,630,000 | -41.6% | 0.5% |
| HOME POINT FINANCIAL CORPORATION | $40,315,000 | $9,440,000 | -76.6% | 0.5% |
| PNC Bank | $8,725,000 | $9,140,000 | 4.8% | 0.5% |
| EMBRACE HOME LOANS, INC. | $9,720,000 | $9,090,000 | -6.5% | 0.4% |
| INTERCOASTAL MORTGAGE COMPANY | $5,260,000 | $8,695,000 | 65.3% | 0.4% |
| MCLEAN MORTGAGE CORPORATION | $9,600,000 | $8,360,000 | -12.9% | 0.4% |
| Carter Bank & Trust | $34,350,000 | $7,510,000 | -78.1% | 0.4% |
| Citibank | $20,350,000 | $7,445,000 | -63.4% | 0.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $15,830,000 | $7,250,000 | -54.2% | 0.4% |
| CBM Mortgage, Inc. | $10,165,000 | $7,100,000 | -30.2% | 0.4% |
| DUPONT COMMUNITY | $7,275,000 | $6,960,000 | -4.3% | 0.3% |
| Goldman Sachs Bank USA | $1,085,000 | $6,740,000 | 521.2% | 0.3% |
| PIONEER BANK | $6,605,000 | n/a | 0.3% | |
| United Bank | $4,715,000 | $6,140,000 | 30.2% | 0.3% |
| NEWPORT NEWS SHIPBUILDING EMPLOYEES | $690,000 | $5,855,000 | 748.6% | 0.3% |
| TD Bank | $6,120,000 | $5,525,000 | -9.7% | 0.3% |
| Stifel Bank and Trust | $5,620,000 | $5,490,000 | -2.3% | 0.3% |
| Virginia National Bank | $14,280,000 | $5,440,000 | -61.9% | 0.3% |
| CALIBER HOME LOANS, INC. | $14,240,000 | $5,335,000 | -62.5% | 0.3% |
| United Nations Federal Credit Union | $2,920,000 | $5,235,000 | 79.3% | 0.3% |
| Integrity Home Mortgage Corp | $5,070,000 | $5,105,000 | 0.7% | 0.3% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $16,690,000 | $5,015,000 | -70.0% | 0.2% |
| First National Bank of Pennsylvania | $8,180,000 | $4,985,000 | -39.1% | 0.2% |
| NEWREZ LLC | $24,305,000 | $4,950,000 | -79.6% | 0.2% |
| TOWER | $3,835,000 | $4,940,000 | 28.8% | 0.2% |
| Citizens and Farmers Bank | $1,750,000 | $4,905,000 | 180.3% | 0.2% |
| The Northern Trust Company | $755,000 | $4,715,000 | 524.5% | 0.2% |
| First National Bank | $970,000 | $4,630,000 | 377.3% | 0.2% |
| Flagstar Bank, FSB | $9,350,000 | $4,625,000 | -50.5% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $10,400,000 | $4,585,000 | -55.9% | 0.2% |
| BROKER SOLUTIONS, INC. | $13,105,000 | $4,355,000 | -66.8% | 0.2% |
| WALKER & DUNLOP, LLC | $42,520,000 | $4,115,000 | -90.3% | 0.2% |
| AgFirst Farm Credit Bank | $3,940,000 | $4,050,000 | 2.8% | 0.2% |
| GUARANTY HOME MORTGAGE CORPORATION | $7,895,000 | $4,020,000 | -49.1% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $6,970,000 | $3,995,000 | -42.7% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $13,030,000 | $3,875,000 | -70.3% | 0.2% |
| ROSS MORTGAGE CORPORATION | $2,810,000 | $3,850,000 | 37.0% | 0.2% |
| F & M BANK CORP. | $3,480,000 | $3,775,000 | 8.5% | 0.2% |
| FRANKLIN MINT | $3,695,000 | n/a | 0.2% | |
| CMG MORTGAGE, INC. | $610,000 | $3,585,000 | 487.7% | 0.2% |
| The Huntington National Bank | $615,000 | $3,570,000 | 480.5% | 0.2% |
| Charles Schwab Bank, SSB | $6,535,000 | $3,500,000 | -46.4% | 0.2% |
| Farm Credit of the Virginias, ACA | $1,730,000 | $3,475,000 | 100.9% | 0.2% |
| NBKC BANK | $8,790,000 | $3,340,000 | -62.0% | 0.2% |
| The Federal Savings Bank | $8,065,000 | $3,295,000 | -59.1% | 0.2% |
| Select Bank | $3,250,000 | n/a | 0.2% | |
| Third Federal Savings and Loan Association of Cleveland | $1,700,000 | $3,250,000 | 91.2% | 0.2% |
| DEPARTMENT OF COMMERCE | $6,940,000 | $3,245,000 | -53.2% | 0.2% |
| First Republic Bank | $4,365,000 | $3,115,000 | -28.6% | 0.2% |
| FIRST SAVINGS MORTGAGE CORPORATION | $6,525,000 | $3,100,000 | -52.5% | 0.2% |
| BNY Mellon | $4,260,000 | $3,080,000 | -27.7% | 0.2% |
| Chicago Mortgage Solutions LLC | $7,285,000 | $3,035,000 | -58.3% | 0.1% |
| Raymond James Bank | $2,990,000 | n/a | 0.1% | |
| FIRST BANCORP, INC. | $6,525,000 | $2,815,000 | -56.9% | 0.1% |
| Sierra Pacific Mortgage Company, Inc. | $890,000 | $2,725,000 | 206.2% | 0.1% |
| VILLAGE BANK MORTGAGE CORPORATION | $3,380,000 | $2,710,000 | -19.8% | 0.1% |
| STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED | $1,590,000 | $2,700,000 | 69.8% | 0.1% |
| UBS Bank USA | $8,625,000 | $2,530,000 | -70.7% | 0.1% |
| Community Bank of the Chesapeake | $145,000 | $2,490,000 | 1,617.2% | 0.1% |
| Ameris Bank | $6,920,000 | $2,395,000 | -65.4% | 0.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,765,000 | $2,315,000 | 31.2% | 0.1% |
| North American Savings Bank, F.S.B. | $5,575,000 | $2,200,000 | -60.5% | 0.1% |
| First Horizon Bank | $265,000 | $2,165,000 | 717.0% | 0.1% |
| REVERSE MORTGAGE FUNDING LLC | $2,490,000 | $2,125,000 | -14.7% | 0.1% |
| Northwest Federal Credit Union | $5,105,000 | $2,015,000 | -60.5% | 0.1% |
| M&T Bank | $640,000 | $1,970,000 | 207.8% | 0.1% |
| NEW DAY FINANCIAL, LLC | $4,920,000 | $1,945,000 | -60.5% | 0.1% |
| City National Bank | $1,870,000 | $1,855,000 | -0.8% | 0.1% |
| BNC National Bank | $3,685,000 | $1,790,000 | -51.4% | 0.1% |
| GENEVA FINANCIAL, LLC | $530,000 | $1,760,000 | 232.1% | 0.1% |
| SOUTHERN TRUST MORTGAGE, LLC | $5,175,000 | $1,680,000 | -67.5% | 0.1% |
| Pendleton Community Bank, Inc. | $145,000 | $1,675,000 | 1,055.2% | 0.1% |
| LANGLEY | $1,900,000 | $1,660,000 | -12.6% | 0.1% |
| STATE EMPLOYEES' | $1,000,000 | $1,620,000 | 62.0% | 0.1% |
| ENVOY MORTGAGE, LTD | $825,000 | $1,580,000 | 91.5% | 0.1% |
| FIRST HOME MORTGAGE CORPORATION | $4,700,000 | $1,570,000 | -66.6% | 0.1% |
| Strong Home Mortgage, LLC | $6,975,000 | $1,560,000 | -77.6% | 0.1% |
| Fifth Third Bank | $3,370,000 | $1,540,000 | -54.3% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $2,265,000 | $1,530,000 | -32.5% | 0.1% |
| Towne Bank | $4,665,000 | $1,525,000 | -67.3% | 0.1% |
| Carrington Mortgage Services, LLC | $5,175,000 | $1,465,000 | -71.7% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,335,000 | $1,445,000 | 8.2% | 0.1% |
| Financial Federal Bank | $1,425,000 | n/a | 0.1% | |
| NEXTMARK | $460,000 | $1,395,000 | 203.3% | 0.1% |
| HomeTrust Bank | $515,000 | $1,375,000 | 167.0% | 0.1% |
| Discover Bank | $325,000 | $1,325,000 | 307.7% | 0.1% |
| BANKSOUTH MORTGAGE COMPANY, LLC | $1,305,000 | n/a | 0.1% | |
| Northpointe Bank | $4,965,000 | $1,305,000 | -73.7% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $425,000 | $1,295,000 | 204.7% | 0.1% |
| Ally Bank | $1,290,000 | n/a | 0.1% | |
| KeyBank | $2,100,000 | $1,265,000 | -39.8% | 0.1% |
| RUOFF MORTGAGE COMPANY, INC. | $1,305,000 | $1,255,000 | -3.8% | 0.1% |
| LOANPAL, LLC | $2,885,000 | $1,250,000 | -56.7% | 0.1% |
| PLANET HOME LENDING, LLC | $1,730,000 | $1,245,000 | -28.0% | 0.1% |
| Kwik Mortgage Corporation | $405,000 | $1,240,000 | 206.2% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $4,355,000 | $1,230,000 | -71.8% | 0.1% |
| Figure Lending LLC | $565,000 | $1,195,000 | 111.5% | 0.1% |
| K. HOVNANIAN AMERICAN MORTGAGE, L.L.C. | $1,150,000 | n/a | 0.1% | |
| ONY GLO, INC. | $1,150,000 | n/a | 0.1% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $1,050,000 | $1,145,000 | 9.0% | 0.1% |
| The Farmers Bank of Appomattox | $55,000 | $1,145,000 | 1,981.8% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,720,000 | $1,140,000 | -33.7% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $870,000 | $1,135,000 | 30.5% | 0.1% |
| Apple Federal Credit Union | $630,000 | $1,095,000 | 73.8% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $4,560,000 | $1,095,000 | -76.0% | 0.1% |
| SWBC MORTGAGE CORPORATION | $1,610,000 | $1,095,000 | -32.0% | 0.1% |
| ZILLOW HOME LOANS, LLC | $4,550,000 | $1,055,000 | -76.8% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $1,050,000 | n/a | 0.1% | |
| Christensen Financial, Inc. | $2,555,000 | $1,050,000 | -58.9% | 0.1% |
| SPRING EQ, LLC | $1,555,000 | $1,025,000 | -34.1% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $655,000 | $1,015,000 | 55.0% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $1,505,000 | $1,000,000 | -33.6% | 0.0% |
| FEDERATED MORTGAGE CORP. | $2,190,000 | $995,000 | -54.6% | 0.0% |
| The Freedom Bank of Virginia | $430,000 | $990,000 | 130.2% | 0.0% |
| CAMPUS USA | $985,000 | n/a | 0.0% | |
| First Mortgage Solutions, LLC | $6,555,000 | $965,000 | -85.3% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $4,390,000 | $960,000 | -78.1% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $2,755,000 | $955,000 | -65.3% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $2,690,000 | $945,000 | -64.9% | 0.0% |
| State Department Federal Credit Union | $440,000 | $940,000 | 113.6% | 0.0% |
| First Federal Savings and Loan Association of Lakewood | $935,000 | n/a | 0.0% | |
| BMO Harris Bank | $920,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $715,000 | $915,000 | 28.0% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $1,230,000 | $910,000 | -26.0% | 0.0% |
| The Central Trust Bank | $305,000 | $900,000 | 195.1% | 0.0% |
| NORTHERN MORTGAGE SERVICES, LLC | $895,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $1,420,000 | $890,000 | -37.3% | 0.0% |
| Bank of Colorado | $875,000 | n/a | 0.0% | |
| JAMS-01, INC. | $515,000 | $850,000 | 65.0% | 0.0% |
| GSF Mortgage Corporation | $845,000 | n/a | 0.0% | |
| Touchstone Bank | $820,000 | n/a | 0.0% | |
| Silicon Valley Bank | $3,410,000 | $805,000 | -76.4% | 0.0% |
| Republic Bank & Trust Company | $795,000 | n/a | 0.0% | |
| EagleBank | $2,495,000 | $780,000 | -68.7% | 0.0% |
| AMERICAN FINANCING CORPORATION | $4,695,000 | $775,000 | -83.5% | 0.0% |
| Aurora Financial, LLC | $2,200,000 | $770,000 | -65.0% | 0.0% |
| LAFAYETTE FEDERAL CREDIT UNION | $755,000 | $770,000 | 2.0% | 0.0% |
| Wyndham Capital Mortgage, Inc. | $11,945,000 | $770,000 | -93.6% | 0.0% |
| MERCK EMPLOYEES FEDERAL CREDIT UNION | $35,000 | $760,000 | 2,071.4% | 0.0% |
| NATIONAL BANKSHARES, INC. | $760,000 | n/a | 0.0% | |
| SUN WEST MORTGAGE COMPANY, INC. | $1,970,000 | $740,000 | -62.4% | 0.0% |
| EVERETT FINANCIAL, INC. | $1,005,000 | $735,000 | -26.9% | 0.0% |
| First Guaranty Mortgage Corporation | $15,280,000 | $725,000 | -95.3% | 0.0% |
| PURDUE FEDERAL CREDIT UNION | $725,000 | n/a | 0.0% | |
| Vellum Mortgage, Inc. | $2,070,000 | $710,000 | -65.7% | 0.0% |
| First Internet Bank of Indiana | $225,000 | $705,000 | 213.3% | 0.0% |
| CIVIC FINANCIAL SERVICES, LLC | $285,000 | $695,000 | 143.9% | 0.0% |
| RESIDENTIAL BANCORP. | $2,095,000 | $695,000 | -66.8% | 0.0% |
| Bank-Fund Staff Federal Credit Union | $780,000 | $690,000 | -11.5% | 0.0% |
| Baxter Credit Union | $680,000 | n/a | 0.0% | |
| PARK VIEW FEDERAL CREDIT UNION | $640,000 | $670,000 | 4.7% | 0.0% |
| Call Federal Credit Union | $175,000 | $665,000 | 280.0% | 0.0% |
| NORTHROP GRUMMAN Federal Credit Union | $145,000 | $660,000 | 355.2% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $305,000 | $660,000 | 116.4% | 0.0% |
| AMERICAN ADVISORS GROUP | $190,000 | $655,000 | 244.7% | 0.0% |
| NewTowne Mortgage, LLC | $550,000 | $650,000 | 18.2% | 0.0% |
| NP, Inc. | $205,000 | $645,000 | 214.6% | 0.0% |
| AMWEST FUNDING CORP. | $635,000 | n/a | 0.0% | |
| NATIONAL INSTITUTES OF HEALTH FEDERAL CREDIT UNION | $635,000 | n/a | 0.0% | |
| SUMMIT FUNDING, INC. | $320,000 | $635,000 | 98.4% | 0.0% |
| TIDEWATER MORTGAGE SERVICES, INC. | $2,565,000 | $635,000 | -75.2% | 0.0% |
| American National Bank and Trust Company | $1,265,000 | $630,000 | -50.2% | 0.0% |
| American Security Mortgage Corp. | $630,000 | n/a | 0.0% | |
| CANOPY MORTGAGE, LLC | $1,140,000 | $630,000 | -44.7% | 0.0% |
| Lakeview Community Capital, LLC | $2,540,000 | $630,000 | -75.2% | 0.0% |
| Paramount Residential Mortgage Group, Inc. | $3,230,000 | $620,000 | -80.8% | 0.0% |
| ANGEL OAK HOME LOANS LLC | $605,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $595,000 | n/a | 0.0% | |
| THRIVE MORTGAGE, LLC | $485,000 | $590,000 | 21.6% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $2,020,000 | $580,000 | -71.3% | 0.0% |
| Sandy Spring Bank | $2,325,000 | $580,000 | -75.1% | 0.0% |
| HANSCOM | $575,000 | n/a | 0.0% | |
| ITHINK FINANCIAL Credit Union | $575,000 | n/a | 0.0% | |
| NBH Bank | $315,000 | $555,000 | 76.2% | 0.0% |
| C&F Select LLC | $265,000 | $540,000 | 103.8% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $155,000 | $530,000 | 241.9% | 0.0% |
| Burke & Herbert Bank & Trust Company | $520,000 | n/a | 0.0% | |
| FineMark National Bank & Trust | $515,000 | n/a | 0.0% | |
| Sunflower Bank | $510,000 | n/a | 0.0% | |
| Virginia Partners Bank | $510,000 | n/a | 0.0% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $1,215,000 | $505,000 | -58.4% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $315,000 | $505,000 | 60.3% | 0.0% |
| Bank of England | $985,000 | $495,000 | -49.7% | 0.0% |
| SUCCESS MORTGAGE PARTNERS, INC. | $395,000 | $495,000 | 25.3% | 0.0% |
| PREMIA MORTGAGE, LLC | $475,000 | n/a | 0.0% | |
| ACADEMY MORTGAGE CORPORATION | $1,015,000 | $465,000 | -54.2% | 0.0% |
| Hometown Lenders, Inc. | $630,000 | $465,000 | -26.2% | 0.0% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $460,000 | n/a | 0.0% | |
| The Fidelity Bank | $455,000 | n/a | 0.0% | |
| First National Bank of America | $1,340,000 | $450,000 | -66.4% | 0.0% |
| Leader Bank | $445,000 | n/a | 0.0% | |
| Servion, Inc. | $445,000 | n/a | 0.0% | |
| EMM LOANS LLC | $530,000 | $440,000 | -17.0% | 0.0% |
| Equity Prime Mortgage LLC | $440,000 | n/a | 0.0% | |
| Cornerstone First Mortgage, Inc | $95,000 | $430,000 | 352.6% | 0.0% |
| FREEDOM FIRST | $430,000 | n/a | 0.0% | |
| AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. | $405,000 | n/a | 0.0% | |
| DEEPHAVEN MORTGAGE LLC | $435,000 | $395,000 | -9.2% | 0.0% |
| First International Bank & Trust | $395,000 | n/a | 0.0% | |
| MANN FINANCIAL INC. | $1,070,000 | $395,000 | -63.1% | 0.0% |
| FirstBank | $5,695,000 | $385,000 | -93.2% | 0.0% |
| HOMESPIRE MORTGAGE CORPORATION | $925,000 | $385,000 | -58.4% | 0.0% |
| HOMESTEAD FUNDING CORP. | $2,400,000 | $385,000 | -84.0% | 0.0% |
| South State Bank | $380,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $375,000 | n/a | 0.0% | |
| ServisFirst Bank | $375,000 | n/a | 0.0% | |
| Texana Bank | $375,000 | n/a | 0.0% | |
| ALLIED MORTGAGE GROUP, INC. | $1,480,000 | $365,000 | -75.3% | 0.0% |
| Old National Bank | $365,000 | n/a | 0.0% | |
| UNION HOME MORTGAGE CORP. | $1,330,000 | $365,000 | -72.6% | 0.0% |
| CLEARPATH LENDING | $2,325,000 | $355,000 | -84.7% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $2,690,000 | $350,000 | -87.0% | 0.0% |
| Congressional Bank | $955,000 | $345,000 | -63.9% | 0.0% |
| Orrstown Bank | $345,000 | n/a | 0.0% | |
| BM Real Estate Services, Inc. | $730,000 | $335,000 | -54.1% | 0.0% |
| COASTAL Federal Credit Union | $335,000 | $335,000 | 0.0% | 0.0% |
| MEMBER ONE | $180,000 | $335,000 | 86.1% | 0.0% |
| Summit Mortgage Corporation | $335,000 | n/a | 0.0% | |
| City National Bank of West Virginia | $1,830,000 | $325,000 | -82.2% | 0.0% |
| New Peoples Bank, Inc. | $325,000 | n/a | 0.0% | |
| ARLINGTON COMMUNITY | $320,000 | n/a | 0.0% | |
| Evolve Bank & Trust | $315,000 | n/a | 0.0% | |
| First Federal Bank | $2,485,000 | $305,000 | -87.7% | 0.0% |
| Shamrock Home Loans, Inc. | $305,000 | n/a | 0.0% | |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $305,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $4,360,000 | $300,000 | -93.1% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $765,000 | $295,000 | -61.4% | 0.0% |
| First Community Bank | $380,000 | $295,000 | -22.4% | 0.0% |
| JOHNSON MORTGAGE COMPANY, L.L.C. | $135,000 | $295,000 | 118.5% | 0.0% |
| OVM FINANCIAL, INC. | $4,575,000 | $295,000 | -93.6% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $205,000 | $280,000 | 36.6% | 0.0% |
| Nations Lending Corporation | $2,840,000 | $275,000 | -90.3% | 0.0% |
| APEX HOME LOANS, INC. | $2,340,000 | $270,000 | -88.5% | 0.0% |
| Acre Mortgage and Financial Inc | $265,000 | n/a | 0.0% | |
| First Savings Bank | $245,000 | $265,000 | 8.2% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $1,515,000 | $255,000 | -83.2% | 0.0% |
| OAKTREE FUNDING CORP. | $255,000 | n/a | 0.0% | |
| Plains Commerce Bank | $875,000 | $255,000 | -70.9% | 0.0% |
| THE MORTGAGE LINK, INC. | $255,000 | n/a | 0.0% | |
| Tidewater Home Funding, LLC | $510,000 | $255,000 | -50.0% | 0.0% |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $250,000 | n/a | 0.0% | |
| Assurance Financial Group, L.L.C. | $1,505,000 | $245,000 | -83.7% | 0.0% |
| Peoples Bank | $245,000 | n/a | 0.0% | |
| S1L, Inc. | $245,000 | n/a | 0.0% | |
| CORNING | $240,000 | n/a | 0.0% | |
| TOGETHER CREDIT UNION | $45,000 | $240,000 | 433.3% | 0.0% |
| Mutual Federal Bank | $235,000 | n/a | 0.0% | |
| ValleyStar Credit Union | $235,000 | n/a | 0.0% | |
| DOMINION ENERGY CREDIT UNION | $520,000 | $230,000 | -55.8% | 0.0% |
| Commerce Home Mortgage, Inc. | $225,000 | n/a | 0.0% | |
| First United Corporation | $445,000 | $225,000 | -49.4% | 0.0% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $225,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $650,000 | $225,000 | -65.4% | 0.0% |
| The State Bank and Trust Company | $225,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $785,000 | $215,000 | -72.6% | 0.0% |
| Dollar Bank, Federal Savings Bank | $1,475,000 | $215,000 | -85.4% | 0.0% |
| The Bank of Fayette County | $215,000 | n/a | 0.0% | |
| EASTMAN | $255,000 | $205,000 | -19.6% | 0.0% |
| Mortgage Assurance Inc. | $205,000 | $205,000 | 0.0% | 0.0% |
| PIKE CREEK MORTGAGE SERVICES, INC. | $335,000 | $205,000 | -38.8% | 0.0% |
| TOWNE MORTGAGE COMPANY | $560,000 | $205,000 | -63.4% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $810,000 | $195,000 | -75.9% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $1,470,000 | $195,000 | -86.7% | 0.0% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $225,000 | $185,000 | -17.8% | 0.0% |
| OPEN MORTGAGE, LLC | $175,000 | n/a | 0.0% | |
| Regions Bank | $175,000 | n/a | 0.0% | |
| COMMONWEALTH ONE FEDERAL CREDIT UNION | $85,000 | $165,000 | 94.1% | 0.0% |
| First Bank | $125,000 | $165,000 | 32.0% | 0.0% |
| WINGS FINANCIAL | $160,000 | n/a | 0.0% | |
| Chesapeake Bank | $155,000 | n/a | 0.0% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $965,000 | $155,000 | -83.9% | 0.0% |
| FCB Banks | $145,000 | n/a | 0.0% | |
| UNIFY FINANCIAL Credit Union | $140,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $135,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $135,000 | n/a | 0.0% | |
| NATION ONE MORTGAGE CORPORATION | $255,000 | $135,000 | -47.1% | 0.0% |
| 21ST MORTGAGE CORPORATION | $160,000 | $115,000 | -28.1% | 0.0% |
| WEBSTER FIRST Federal Credit Union | $115,000 | n/a | 0.0% | |
| GEORGIA'S OWN | $55,000 | $105,000 | 90.9% | 0.0% |
| Signature Federal Credit Union | $105,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $1,695,000 | $85,000 | -95.0% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $75,000 | n/a | 0.0% | |
| PARTNERS 1ST Federal Credit Union | $560,000 | $65,000 | -88.4% | 0.0% |
| Wilmington Savings Fund Society, FSB | $65,000 | n/a | 0.0% | |
| 1ST ADVANTAGE FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| Citizens Bank and Trust Company | $55,000 | n/a | 0.0% | |
| LOGIX FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| NASA Federal Credit Union | $340,000 | $55,000 | -83.8% | 0.0% |
| EDUCATIONAL SYSTEMS | $45,000 | n/a | 0.0% | |
| JUSTICE Federal Credit Union | $45,000 | n/a | 0.0% | |
| FIRST TECHNOLOGY | $25,000 | n/a | 0.0% |
CHARLOTTESVILLE's top lender by overall market share is Fulton Bank, with 7.1% market share. In second place, with 6.5%, is First Heritage Mortgage, LLC, having originated $131,665,000 in loans. In third place, with 4.6%, is QUICKEN LOANS, LLC, having originated $93,605,000 in loans. In fourth place, with 3.8%, is Truist, having originated $77,810,000 in loans. In fifth place, with 3.5%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $70,380,000 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 | $409,450 (5.0%) | $578,648 (3.1%) | 1.52 | 1,066 |
| 2018-02-01 | $399,950 (0.5%) | $563,959 (-2.2%) | 1.45 | 1,099 |
| 2018-03-01 | $399,900 (1.0%) | $590,366 (-0.4%) | 1.40 | 1,257 |
| 2018-04-01 | $399,900 (0.0%) | $576,064 (-2.6%) | 1.36 | 1,386 |
| 2018-05-01 | $399,900 (-2.4%) | $572,403 (-3.8%) | 1.34 | 1,475 |
| 2018-06-01 | $399,900 (-2.2%) | $582,080 (-1.3%) | 1.33 | 1,505 |
| 2018-07-01 | $399,900 (-2.4%) | $572,776 (-2.2%) | 1.34 | 1,487 |
| 2018-08-01 | $399,444 (-3.6%) | $603,130 (4.7%) | 1.34 | 1,462 |
| 2018-09-01 | $399,000 (-4.7%) | $583,040 (0.5%) | 1.34 | 1,490 |
| 2018-10-01 | $394,295 (-7.5%) | $582,864 (-1.2%) | 1.34 | 1,502 |
| 2018-11-01 | $399,000 (-4.9%) | $586,234 (2.0%) | 1.35 | 1,356 |
| 2018-12-01 | $389,900 (-5.4%) | $549,973 (-4.7%) | 1.34 | 1,187 |
| 2019-01-01 | $394,975 (-3.5%) | $562,494 (-2.8%) | 1.36 | 1,109 |
| 2019-02-01 | $403,900 (1.0%) | $588,743 (4.4%) | 1.36 | 1,140 |
| 2019-03-01 | $428,729 (7.2%) | $610,386 (3.4%) | 1.40 | 1,265 |
| 2019-04-01 | $434,900 (8.8%) | $634,178 (10.1%) | 1.38 | 1,394 |
| 2019-05-01 | $443,445 (10.9%) | $637,025 (11.3%) | 1.39 | 1,465 |
| 2019-06-01 | $429,900 (7.5%) | $608,590 (4.6%) | 1.34 | 1,466 |
| 2019-07-01 | $429,900 (7.5%) | $615,195 (7.4%) | 1.35 | 1,453 |
| 2019-08-01 | $429,655 (7.6%) | $612,516 (1.6%) | 1.36 | 1,437 |
| 2019-09-01 | $429,286 (7.6%) | $606,364 (4.0%) | 1.37 | 1,434 |
| 2019-10-01 | $429,166 (8.8%) | $591,560 (1.5%) | 1.38 | 1,425 |
| 2019-11-01 | $425,000 (6.5%) | $584,160 (-0.4%) | 1.39 | 1,299 |
| 2019-12-01 | $424,950 (9.0%) | $588,712 (7.0%) | 1.42 | 1,121 |
| 2020-01-01 | $439,500 (11.3%) | $617,976 (9.9%) | 1.47 | 1,022 |
| 2020-02-01 | $449,000 (11.2%) | $635,712 (8.0%) | 1.47 | 1,044 |
| 2020-03-01 | $452,144 (5.5%) | $634,490 (4.0%) | 1.42 | 1,105 |
| 2020-04-01 | $454,747 (4.6%) | $640,023 (0.9%) | 1.42 | 1,113 |
| 2020-05-01 | $468,450 (5.6%) | $647,206 (1.6%) | 1.42 | 1,116 |
| 2020-06-01 | $476,950 (10.9%) | $663,953 (9.1%) | 1.41 | 1,014 |
| 2020-07-01 | $481,650 (12.0%) | $670,536 (9.0%) | 1.40 | 951 |
| 2020-08-01 | $479,900 (11.7%) | $697,540 (13.9%) | 1.38 | 853 |
| 2020-09-01 | $494,450 (15.2%) | $720,472 (18.8%) | 1.42 | 780 |
| 2020-10-01 | $489,900 (14.2%) | $722,023 (22.1%) | 1.40 | 737 |
| 2020-11-01 | $490,348 (15.4%) | $827,665 (41.7%) | 1.43 | 674 |
| 2020-12-01 | $486,313 (14.4%) | $830,244 (41.0%) | 1.45 | 573 |
| 2021-01-01 | $488,900 (11.2%) | $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%) | $903,774 (42.4%) | 1.42 | 454 |
| 2021-04-01 | $492,125 (8.2%) | $896,915 (40.1%) | 1.33 | 440 |
| 2021-05-01 | $481,495 (2.8%) | $879,332 (35.9%) | 1.28 | 473 |
| 2021-06-01 | $487,695 (2.3%) | $793,274 (19.5%) | 1.28 | 471 |
| 2021-07-01 | $462,900 (-3.9%) | $745,394 (11.2%) | 1.22 | 494 |
| 2021-08-01 | $458,950 (-4.4%) | $750,348 (7.6%) | 1.22 | 489 |
| 2021-09-01 | $479,200 (-3.1%) | $766,844 (6.4%) | 1.28 | 493 |
| 2021-10-01 | $498,500 (1.8%) | $843,486 (16.8%) | 1.33 | 450 |
| 2021-11-01 | $508,150 (3.6%) | $901,134 (8.9%) | 1.36 | 378 |
| 2021-12-01 | $499,499 (2.7%) | $878,152 (5.8%) | 1.35 | 333 |
| 2022-01-01 | $535,000 (9.4%) | $985,848 (13.3%) | 1.45 | 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 (5.8%) | $869,875 (-1.1%) | 1.16 | 444 |
| 2022-06-01 | $519,503 (6.5%) | $900,052 (13.5%) | 1.16 | 484 |
| 2022-07-01 | $507,691 (9.7%) | $924,316 (24.0%) | 1.14 | 532 |
| 2022-08-01 | $499,925 (8.9%) | $885,510 (18.0%) | 1.16 | 507 |
| 2022-09-01 | $498,875 (4.1%) | $874,690 (14.1%) | 1.17 | 517 |
| 2022-10-01 | $499,900 (0.3%) | $893,372 (5.9%) | 1.18 | 552 |
| 2022-11-01 | $499,495 (-1.7%) | $874,769 (-2.9%) | 1.20 | 553 |
| 2022-12-01 | $524,900 (5.1%) | $883,168 (0.6%) | 1.30 | 509 |
| 2023-01-01 | $542,400 (1.4%) | $908,840 (-7.8%) | 1.34 | 462 |
| 2023-02-01 | $569,850 (2.9%) | $956,763 (-2.4%) | 1.38 | 452 |
| 2023-03-01 | $584,900 (13.4%) | $941,523 (8.5%) | 1.38 | 472 |
| 2023-04-01 | $567,450 (11.3%) | $898,399 (4.7%) | 1.32 | 526 |
| 2023-05-01 | $562,000 (10.4%) | $877,460 (0.9%) | 1.27 | 520 |
CHARLOTTESVILLE's median listing price for 2023-05-01 was $562,000, a difference of
$52,790
(10.4%) versus the prior year and
$-5,450 versus the prior month.
CHARLOTTESVILLE's median listing price comes in at 127% of the national average.
CHARLOTTESVILLE's average listing price for 2023-05-01 was $877,460, a difference of $7,585 (0.9%) versus the prior year and $-20,939 versus the prior month.
For the 2023-05-01 period, CHARLOTTESVILLE had 520 MLS listings, a difference of -6 listings (-1%) versus the prior month and 76 listings (17%) versus the prior year.
CHARLOTTESVILLE's median listing price comes in at 127% of the national average.
CHARLOTTESVILLE's average listing price for 2023-05-01 was $877,460, a difference of $7,585 (0.9%) versus the prior year and $-20,939 versus the prior month.
For the 2023-05-01 period, CHARLOTTESVILLE had 520 MLS listings, a difference of -6 listings (-1%) versus the prior month and 76 listings (17%) 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 | 2,388 sqft |
| 2018-02-01 | 83 days | 2,359 sqft |
| 2018-03-01 | 53 days | 2,368 sqft |
| 2018-04-01 | 51 days | 2,372 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 | 2,370 sqft |
| 2018-09-01 | 90 days | 2,350 sqft |
| 2018-10-01 | 92 days | 2,366 sqft |
| 2018-11-01 | 95 days | 2,368 sqft |
| 2018-12-01 | 105 days | 2,297 sqft |
| 2019-01-01 | 111 days | 2,310 sqft |
| 2019-02-01 | 103 days | 2,359 sqft |
| 2019-03-01 | 74 days | 2,397 sqft |
| 2019-04-01 | 53 days | 2,407 sqft |
| 2019-05-01 | 58 days | 2,440 sqft |
| 2019-06-01 | 71 days | 2,401 sqft |
| 2019-07-01 | 77 days | 2,413 sqft |
| 2019-08-01 | 80 days | 2,420 sqft |
| 2019-09-01 | 80 days | 2,428 sqft |
| 2019-10-01 | 81 days | 2,433 sqft |
| 2019-11-01 | 86 days | 2,392 sqft |
| 2019-12-01 | 99 days | 2,337 sqft |
| 2020-01-01 | 107 days | 2,346 sqft |
| 2020-02-01 | 98 days | 2,408 sqft |
| 2020-03-01 | 61 days | 2,447 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 | 2,459 sqft |
| 2020-10-01 | 67 days | 2,415 sqft |
| 2020-11-01 | 67 days | 2,402 sqft |
| 2020-12-01 | 85 days | 2,401 sqft |
| 2021-01-01 | 94 days | 2,309 sqft |
| 2021-02-01 | 77 days | 2,325 sqft |
| 2021-03-01 | 49 days | 2,288 sqft |
| 2021-04-01 | 44 days | 2,303 sqft |
| 2021-05-01 | 41 days | 2,327 sqft |
| 2021-06-01 | 48 days | 2,320 sqft |
| 2021-07-01 | 45 days | 2,264 sqft |
| 2021-08-01 | 49 days | 2,248 sqft |
| 2021-09-01 | 51 days | 2,276 sqft |
| 2021-10-01 | 64 days | 2,282 sqft |
| 2021-11-01 | 65 days | 2,265 sqft |
| 2021-12-01 | 68 days | 2,292 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 | 2,251 sqft |
| 2022-07-01 | 45 days | 2,239 sqft |
| 2022-08-01 | 52 days | 2,204 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 | 49 days | 2,278 sqft |
| 2023-04-01 | 45 days | 2,230 sqft |
| 2023-05-01 | 51 days | 2,255 sqft |
CHARLOTTESVILLE's median listing age (time on market) for 2023-05-01 was 51 days.
This
is 50%
longer
than the same period one year ago.
CHARLOTTESVILLE's median square footage for active listings during the 2023-05-01 period was 2,255 sqft. One year prior, the average listing was 2,221 sqft.
CHARLOTTESVILLE's median square footage for active listings during the 2023-05-01 period was 2,255 sqft. One year prior, the average listing was 2,221 sqft.
CHARLOTTESVILLE, VA Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 22901 | Charlottesville, VA | $1,040 | $1,080 | $1,280 | $1,580 | $1,980 |
| 22902 | Charlottesville, VA | $1,090 | $1,130 | $1,340 | $1,660 | $2,080 |
| 22903 | Charlottesville, VA | $1,060 | $1,100 | $1,310 | $1,620 | $2,030 |
| 22904 | Charlottesville, VA | $1,060 | $1,100 | $1,310 | $1,620 | $2,030 |
| 22905 | Charlottesville, VA | $990 | $1,030 | $1,220 | $1,510 | $1,890 |
| 22906 | Charlottesville, VA | $990 | $1,030 | $1,220 | $1,510 | $1,890 |
| 22911 | Charlottesville, VA | $1,150 | $1,190 | $1,420 | $1,760 | $2,200 |
| 22920 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 22922 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 22923 | Charlottesville, VA | $1,150 | $1,190 | $1,420 | $1,760 | $2,200 |
| 22924 | Charlottesville, VA | $1,080 | $1,120 | $1,330 | $1,640 | $2,060 |
| 22931 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 22932 | Charlottesville, VA | $1,150 | $1,190 | $1,420 | $1,760 | $2,200 |
| 22935 | Charlottesville, VA | $920 | $970 | $1,140 | $1,420 | $1,770 |
| 22936 | Charlottesville, VA | $950 | $980 | $1,170 | $1,450 | $1,810 |
| 22937 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 22938 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 22940 | Charlottesville, VA | $1,180 | $1,230 | $1,460 | $1,800 | $2,260 |
| 22942 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 22943 | Charlottesville, VA | $970 | $1,010 | $1,200 | $1,480 | $1,860 |
| 22945 | Charlottesville, VA | $1,080 | $1,120 | $1,330 | $1,640 | $2,060 |
| 22946 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 22947 | Charlottesville, VA | $880 | $970 | $1,140 | $1,420 | $1,770 |
| 22949 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 22952 | Charlottesville, VA | $860 | $970 | $1,140 | $1,480 | $1,800 |
| 22958 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 22959 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 22963 | Charlottesville, VA | $1,130 | $1,170 | $1,390 | $1,720 | $2,150 |
| 22964 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 22965 | Charlottesville, VA | $930 | $970 | $1,150 | $1,420 | $1,780 |
| 22967 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 22968 | Charlottesville, VA | $910 | $970 | $1,140 | $1,420 | $1,770 |
| 22969 | Charlottesville, VA | $930 | $970 | $1,150 | $1,420 | $1,780 |
| 22971 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 22973 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 22974 | Charlottesville, VA | $1,070 | $1,110 | $1,320 | $1,630 | $2,050 |
| 22976 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 23022 | Charlottesville, VA | $1,030 | $1,070 | $1,270 | $1,580 | $1,970 |
| 23038 | Charlottesville, VA | $900 | $970 | $1,140 | $1,420 | $1,770 |
| 23055 | Charlottesville, VA | $1,010 | $1,050 | $1,250 | $1,550 | $1,940 |
| 23084 | Charlottesville, VA | $1,010 | $1,040 | $1,230 | $1,540 | $1,900 |
| 23093 | Charlottesville, VA | $900 | $970 | $1,140 | $1,420 | $1,770 |
| 24464 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 24483 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 24521 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 24553 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 24562 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 24581 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
| 24590 | Charlottesville, VA | $870 | $970 | $1,140 | $1,420 | $1,770 |
| 24599 | Charlottesville, VA | $860 | $970 | $1,140 | $1,420 | $1,770 |
2022 Average & Median Rent Data Statistics
CHARLOTTESVILLE, VA average 1BR rent: $1,020, median: $970
CHARLOTTESVILLE, VA average 2BR rent: $1,205, median: $1,140
CHARLOTTESVILLE, VA average 3BR rent: $1,498, median: $1,420
CHARLOTTESVILLE, VA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 3,274 | $1,315,500,000 | $401,802 |
| Cash Out Refi | 933 | $267,815,000 | $287,047 |
| Refi | 722 | $288,050,000 | $398,961 |
| Home Improvement | 542 | $62,800,000 | $115,867 |
| Other | 472 | $93,200,000 | $197,458 |
| NA | 1 | $175,000 | $175,000 |
Charlottesville's most frequently cited loan purpose was Home Purchase, with 3,274 originations. The 2nd most popular reason was Cash Out Refi, with 933 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 1,452 | $520,330,000 | $358,354 |
| 3-4% | 1,408 | $613,610,000 | $435,803 |
| 5-6% | 1,294 | $419,620,000 | $324,281 |
| 6-7% | 524 | $139,780,000 | $266,756 |
| 2.5-3% | 420 | $161,800,000 | $385,238 |
| <2.5% | 194 | $56,830,000 | $292,938 |
| 7-8% | 160 | $33,130,000 | $207,063 |
| Over 8% | 82 | $8,790,000 | $107,195 |
During 2022, Charlottesville's most frequently originated rate bucket was 4-5%, with 1,452 originations.
Loan Sizing (CHARLOTTESVILLE, VA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 2,513 | $724,715,000 | $288,386 |
| $100k-200k | 1,190 | $177,260,000 | $148,958 |
| $400k-600k | 965 | $462,905,000 | $479,694 |
| $100,000 or less | 692 | $39,940,000 | $57,717 |
| $600k-1000k | 428 | $308,080,000 | $719,813 |
| $Over $1MM | 156 | $314,640,000 | $2,016,923 |
CHARLOTTESVILLE's loan sizing saw the bucket of loans from $200k-400k with 2,513 originations, totaling $724,715,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,051 | $827,955,000 | $403,684 |
| 60-80% | 1,608 | $663,490,000 | $412,618 |
| 40-60% | 716 | $232,500,000 | $324,721 |
| 20-40% | 571 | $157,285,000 | $275,455 |
| Under 20% | 491 | $38,015,000 | $77,424 |
| Over 100% | 67 | $27,205,000 | $406,045 |
CHARLOTTESVILLE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,051 originations, totaling $827,955,000 in origination value.