The story of this market
The typical home in ZIP 22911 sells for about $575,000, or $235 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,920 a month.
ZIP 22911 — Charlottesville (Urban County Environs)
The 22911 housing market remains robust, characterized by steady price appreciation and low inventory levels. High demand from professionals and families, coupled with the area's strong economic ties to the University of Virginia, continues to drive competitive bidding and short days on market.
This ZIP is ideal for families and professionals seeking a suburban lifestyle with high-quality schools and convenient access to the employment and cultural amenities of Charlottesville.
Median prices moved up 4.2% year over year.
Homes spend a median of 35 days on market with 3.9 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.0% · poverty 4.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 22911, Albemarle County VA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the 22911 area are generally lower than the national average, with the region maintaining a stable safety profile compared to broader Virginia trends.
The area is served by the Albemarle County Public Schools district, which is consistently rated highly for academic performance and student support services.
The region faces moderate risks related to seasonal storms and localized flooding near the Rivanna River, with standard insurance coverage typically sufficient for most residential properties.
Economic momentum is driven by proximity to the University of Virginia and the growing biotech and research sectors in the Charlottesville metro area.
Property taxes are assessed by Albemarle County based on fair market value, with rates set annually by the Board of Supervisors; no special district taxes are widely applied to residential parcels in this ZIP.
Residents primarily commute via US-29 and I-64, with most employment hubs in Charlottesville and the University of Virginia accessible within a 15-25 minute drive.
The area features extensive access to the Rivanna River, numerous community parks, and proximity to the Shenandoah National Park for hiking and outdoor activities.
The rental market is characterized by steady demand from university-affiliated professionals and families, with low vacancy rates and moderate annual rent growth.
The economy is anchored by the University of Virginia, UVA Health, and a robust mix of technology, research, and professional service firms.
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Development is focused on infill residential projects and expansion of commercial services along the US-250 corridor.
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Parcels are primarily served by the Albemarle County Public Schools district and local utility authorities.
Standard homeowners insurance is readily available, though premiums are influenced by regional weather patterns and proximity to flood zones.
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Data retrieved from data.census.gov ZCTA-level profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides recreational opportunities including kayaking and fishing.
Large community park with sports fields, trails, and river access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.