What the Pros Know

115,676

Population

0.7% YoY

2023

38.1

Median Age

3.1% YoY

2022

$97,708

Median Household Income

7.9% YoY

2022

60,749

Labor Force

0.5% MoM

0.8% YoY

8/2024

58,773

Employed

0.6% MoM

0.5% YoY

8/2024

3.3%

Unemployment Rate

6.5% MoM

10% YoY

8/2024

$695,000

Median Sale Price

2.6% MoM

2.7% YoY

8/2024

94

Homes Sold

21.7% MoM

24.8% YoY

8/2024

2.4

Months Inventory

22.3% MoM

42.4% YoY

8/2024

13

Days on Market

2 MoM

3 YoY

8/2024

226

Listings

5.0% MoM

12.4% YoY

8/2024

100.4%

Sale Price to List Price

0.5% MoM

0.2% YoY

8/2024

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Cities included in Albemarle County: University of Virginia, Hollymead, Crozet, Pantops, Rivanna, Piney Mountain, Rio, Earlysville, Ivy, Esmont, Scottsville, Keswick, North Garden, Free Union


Zip Codes included in Albemarle County: [Click for zip code level data] 22901, 22902, 22903, 22904, 22911, 22923, 22931, 22932, 22936, 22937, 22940, 22943, 22946, 22947, 22959


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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