Reports  ›  Weekly · 2026-05-31

Virginia real estate — week of May 29, 2026

Virginia's major metros split this week: 1 negative, 4 positive on year-over-year median sale price. Range this week: roanoke at -7.2% YoY to charlottesville at +7.8%.

Headline numbers

Charlottesville

$512K +7.8%

Lynchburg

$263K +1.6%

Richmond

$388K +1.1%

Roanoke

$211K -7.2%

Virginia Beach / Norfolk

$400K +3.6%

This week's signals

Strength 4 / 5

40 days

Forest homes taking 40 days to sell — +150.0% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

$512K

Charlottesville median price -6.3% YoY

Price-per-sqft also -10.6% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

1 listings

Ruckersville new listings -68.8% vs. 5-year average for this month

Far fewer sellers are listing than is typical for this month — the scarcity tends to harden prices and compress DOM on whatever does come to market.

Strength 4 / 5

45 days

Crozet homes taking 45 days to sell — +60.7% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

$478K

Crozet median price -8.2% YoY

Price-per-sqft also -6.1% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

$512K

Charlottesville avg sale price crossed $500K — now $512K

Crossing $500K is a narrative hinge — buyer shopping-by-price bands and seller list-price anchoring both reset when a market moves past a round number.

Strength 4 / 5

42 days

Charlottesville homes taking 42 days to sell — +366.7% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

17 listings

Bedford new listings +60.4% vs. 5-year average for this month

Sellers are putting materially more inventory on the market than is typical for this time of year — buyers should see more selection and less urgency on well-located homes.

Source divergence

ZIP-level reconciliation will appear here once curated ZIP coverage lands for Virginia.

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