Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$198,283+11.7% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 11% have cut their price
Income needed to buy, per year$42,984About 0.7× the local median income ($58,879): affordable for a typical household
Days on market86 daysSlower than a year ago: buyers have time to negotiate
The typical home in Charlotte County, VA is worth $198,283, up 11.7% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $193,588, so the area is 2.4% overvalued. It is a seller's market: homes take about 86 days to sell, listings are down 13% from a year ago, 11% of listings have had a price cut. A household needs about $42,984 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $58,879. In the latest IRS figures, 55 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$198,283
Change in 1 year
+11.7%
Overvalued %
+2.4%
Show 6 more
Fair home value
$193,588
Change in 5 years
+24.3%
Home value to income
3.4×
Monthly mortgage payment (20% down)
$1,075
Income needed to afford it
$42,984
Property tax rate
0.53%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$943
Market activity
Listings vs a year ago
−12.9%
Days on market
86
Listings with a price cut
11.4%
Show 3 more
Homes for sale
27
Pending sales per 100 listings
30
Asking price per sq ft
$168
People and jobs
Median household income
$58,879
Population change (1 year)
+0.7%
Unemployment rate
2.4%
Show 4 more
Population
11,401
Income adjusted for cost of living
$66,605
Net moves in (IRS)
+55
Cost of living (US = 100)
88.4
Schools, risk and environment
School rating (1 to 10)
6.8
FEMA hazard risk score (0 to 100)
17.4
Flood risk score
19.8
Show 3 more
Wildfire risk score
11.3
Walkability (1 to 20)
4.4
Road, rail and air noise
54 dB
Questions people ask
Is Charlotte County, VA overvalued?
Home prices in Charlotte County, VA are slightly above what local incomes have historically supported: fair value is about $193,588, so the area is 2.4% overvalued.
Is Charlotte County, VA a buyer's or seller's market?
Charlotte County, VA is a seller's market: homes take about 86 days to sell, listings are down 13% from a year ago, 11% of listings have had a price cut.
Are home prices going down in Charlotte County, VA?
Home values in Charlotte County, VA are up 11.7% over the last year.
How much do you need to earn to buy a home in Charlotte County, VA?
A household needs about $42,984 a year to afford the typical home in Charlotte County, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $58,879.