The story of this market
The typical home in ZIP 24590 sells for about $329,900, or $221 per square foot.
Prices are down 13% from a year ago, which gives buyers more room to negotiate. Homes take about 7 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,089 a month.
ZIP 24590 — Scottsville
The housing market in 24590 is currently experiencing a period of price correction, with a year-over-year decline in median sale prices. Low inventory levels and a small number of closed sales suggest a quiet market where buyers are cautious and sellers are adjusting to shifting demand. The area remains a stable, rural residential enclave with limited new development activity.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle who are willing to commute to nearby Charlottesville for major employment and services.
Median prices moved down 13.0% year over year.
Homes spend a median of 7 days on market with 1.0 months of supply — a fast-moving market.
0% 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 6.2% · poverty 9.4% — 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 4.7%/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 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 24590, Fluvanna 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 in the Scottsville area is generally low, with reported incidents significantly lower than the national average and consistent with rural Virginia trends.
Schools serving the area are part of the Fluvanna County Public Schools system, which generally maintains stable performance ratings within the state.
The area faces moderate risks related to river flooding near the James River and typical regional wildfire risks for forested central Virginia.
Economic momentum is driven by proximity to Charlottesville and the University of Virginia, with local development focused on preserving the rural and historic character of the town.
Property taxes are assessed by Fluvanna County based on fair market value, with rates set annually by the Board of Supervisors; no local income tax is levied.
Commuting primarily involves driving via VA-20 toward Charlottesville, which serves as the primary employment and service hub for the region.
The area features significant outdoor amenities including the James River for water activities, the historic downtown Scottsville district, and various local parks and trails.
The rental market is limited in depth, characterized by a mix of single-family home rentals and mobile homes with low turnover and stable demand.
The economy is largely supported by agriculture, tourism, and the service sector, with many residents commuting to Charlottesville for higher education and healthcare employment.
Transportation is heavily reliant on private vehicles; there is no significant public transit infrastructure serving the rural portions of the ZIP.
Development is strictly managed to maintain the rural character of the area, with limited new residential subdivisions approved.
Parcels are subject to Fluvanna County property taxes and school district levies; no major MUDs or PIDs are prevalent.
Property insurance premiums are influenced by the area's rural nature and proximity to the James River flood zones.
Data retrieved from data.census.gov ZCTA 24590 profile.
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 boating, fishing, and scenic views.
Features preserved 19th-century architecture and local shops.
One of the last remaining pole ferries in the United States.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.