Reports  ›  Weekly · 2026-06-07

Virginia real estate — week of Jun 5, 2026

Virginia's major metros split this week: 4 negative, 1 positive on year-over-year median sale price. Range this week: charlottesville at -4.5% YoY to virginia-beach-norfolk-newport-news at +5.7%.

Headline numbers

Charlottesville

$501K -4.5%

Lynchburg

$260K -3.6%

Richmond

$414K -0.1%

Roanoke

$231K -3.7%

Virginia Beach / Norfolk

$415K +5.7%

This week's signals

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

24 days

Crozet homes taking 24 days to sell — +84.6% 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 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

$515K

Charlottesville avg sale price crossed $500K — now $515K

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

$478K

Charlottesville median price -15.9% YoY

Price-per-sqft also -12.6% YoY, confirming real depreciation vs. mix-shift noise.

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.

Source divergence

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

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