A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is −10.0% YoY. inventory, +23.1% YoY, is the number to watch.
The median listing price is down 10.0% YoY while the median home got down 15.7% bigger, so value per square foot is down 0.6%.
U.S. Census ACS characteristics for ZIP 22902 itself, not its parent county.
Renters hold 46.8% of this ZIP's 11,291 occupied households, on a median household income of $93K.
| Measure | ZIP 22902 | Charlottesville city | Difference |
|---|---|---|---|
| Median Household Income | $93K | $75K | +$19K |
| Below Poverty Level | 9.2% | 19.6% | -10.4% |
| Median Age | 39.70 | 33.10 | +6.60 |
| Total Population | 23,486 | 45,437 | -- |
| Avg Household Size | 2.04 | 2.14 | -0.10 |
| Owner-Occupied | 53.2% | 44.2% | +9.0% |
| Worked From Home | 20.8% | 21.4% | -0.6% |
| Mean Commute | 18.40 | 17.00 | +1.40 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.9% to 45,437: residents under 18 are up 0.8% and those 65 and over are up 1.9%.
County median household income is $75K, 19.6% of residents are below the poverty level, 21.4% work from home.