The story of this market
The typical home in ZIP 22924 sells for about $425,000, or $215 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 22924 — Batesville
The housing market in 22924 remains stable with moderate price appreciation and low inventory levels. Demand is supported by a strong local economy and high quality of life, though rising interest rates have tempered transaction volume. Buyers are active but selective, leading to a balanced market environment.
This ZIP is well-suited for family buyers seeking suburban stability and commuters who prioritize a balance between home size and access to regional employment centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 32 days on market with 3.8 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 4.5% — 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 4.5%/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 4.8%/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 22924, Albemarle County VA
Crime rates in this area remain low relative to regional averages, with property crime being the primary concern. Local law enforcement reports stable trends over the past year.
Schools serving this ZIP are generally well-regarded, often receiving above-average ratings for student performance and college readiness. The area is served by a stable, community-focused school district.
The area faces moderate risk from seasonal wind events and localized flooding in low-lying zones. Insurance premiums are stable but reflect standard regional hazard exposure.
Economic momentum is driven by proximity to regional employment hubs and steady residential development. Infrastructure improvements are focused on maintaining road capacity for a growing commuter base.
Property taxes are assessed at the county level based on fair market value. The jurisdiction utilizes a standard millage rate structure with exemptions available for primary residences and seniors.
Residents primarily commute by car to nearby employment centers, with average drive times ranging from 30 to 45 minutes. Public transit options are limited, necessitating personal vehicle reliance.
The area features access to local community parks, walking trails, and nearby golf courses. Shopping and dining options are concentrated in small commercial clusters within a 3-mile radius.
The rental market is characterized by moderate demand and low vacancy rates. Investor presence is steady, with a mix of long-term rentals and limited short-term rental activity.
The local economy is supported by a mix of education, healthcare, and professional services. Proximity to major regional employers provides a stable job market for residents.
The area is served by major highway corridors facilitating regional travel. Infrastructure investment is primarily focused on road maintenance and traffic flow management.
Development is focused on infill residential projects and small-scale commercial expansion. Local planning emphasizes maintaining the area's suburban character.
Parcels are subject to standard county and school district levies. No major MUD or special utility districts are currently impacting property tax structures.
Property insurance remains available, with premiums reflecting standard regional risk profiles for wind and fire.
Data retrieved from data.census.gov ZCTA-level tables.
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 walking trails and open green space for residents.
Serves as a primary recreational anchor for the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.