Exploring Homes for Sale Near UVA

Nestled in the heart of Central Virginia, Charlottesville is a city that seamlessly blends historical charm with modern vibrancy. At its core lies the University of Virginia (UVA), a prestigious institution founded by Thomas Jefferson in 1819, which not only shapes the city’s cultural and intellectual landscape but also significantly influences its real estate market. For prospective homebuyers, the allure of living near UVA is undeniable—offering proximity to academic excellence, cultural events, and a thriving community. This article delves into the world of homes for sale in Charlottesville, VA, near the University of Virginia, exploring the neighborhoods, market trends, and the expertise of local real estate professionals like Toby Beavers, a savvy Charlottesville real estate agent, and a 20-year Charlottesville Zillow realtor. Whether you’re searching for UVA real estate or homes for sale near UVA, this guide will provide valuable insights into the market.

The Appeal of Living Near UVA

The University of Virginia is more than just an educational institution; it’s a cornerstone of Charlottesville’s identity. With its stunning Palladian architecture, designed by Jefferson himself, UVA is a UNESCO World Heritage Site and a hub of intellectual and cultural activity. The university attracts a diverse population, including students, faculty, researchers, and professionals, all of whom contribute to the demand for UVA real estate. Living near UVA means access to world-class lectures, performances at the John Paul Jones Arena, and sporting events like Virginia Cavaliers basketball and football games, which draw massive crowds and create a lively atmosphere.

Beyond the university’s offerings, the surrounding area is rich with amenities. Downtown Charlottesville, just a short distance from UVA, features the historic Downtown Mall—a pedestrian-friendly stretch of shops, restaurants, and cafes. The city’s location at the foot of the Blue Ridge Mountains also provides endless opportunities for outdoor recreation, from hiking the Appalachian Trail to visiting nearby vineyards and wineries. For families, the proximity to top-rated schools, both public and private, adds to the appeal of homes for sale near UVA. Albemarle County schools, ranked among the best in Virginia, boast high math and reading proficiency scores, while Charlottesville City Schools are also highly regarded.

However, the desirability of this area comes with a competitive housing market. The city’s landlocked geography limits new construction, particularly for single-family homes, driving up demand and prices for existing properties. As of mid-February 2024, only 17 single-family homes were listed for sale in Charlottesville, a stark indicator of the market’s tightness. The median sale price in December 2023 was $510,000, an 11.6% increase from the previous year, with 20% of homes selling at or above the asking price over the past three years. For buyers seeking homes for sale in Charlottesville, VA, near the University of Virginia, understanding the market dynamics and working with an experienced realtor are key to success.

Neighborhoods Near UVA: A Closer Look

Charlottesville’s neighborhoods near UVA offer a diverse range of housing options, from historic estates to modern townhomes, each with its own unique character. These areas are particularly appealing for those searching for UVA real estate or homes for sale near UVA. Here are some of the most sought-after neighborhoods:

Rugby Road and the Venable Neighborhood

Rugby Road, often cited as one of Charlottesville’s most desirable residential areas, is within walking distance of UVA’s “The Corner”—a vibrant strip of shops and eateries popular with students—and Scott Stadium, home to UVA football games. This neighborhood features charming streetscapes with large, tree-lined yards and estate-sized Colonial Revival homes. Recent sales in Rugby Road have ranged from $900,000 to $2 million, reflecting the premium buyers are willing to pay for proximity to the university. The Venable neighborhood, adjacent to Rugby Road, offers a mix of historic homes and more modest cottages, with prices starting around $800,000 for smaller properties and reaching up to $1.5 million for larger, seven-bedroom Colonial Revivals. These areas are ideal for buyers who value walkability and a deep connection to UVA’s history, making them prime spots for UVA real estate.

University Circle and Lewis Mountain

University Circle, located on one of UVA’s most sought-after streets, is another prime location for homes for sale near UVA. Properties here often come with unique features, such as income potential from rental units, making them attractive to investors as well as owner-occupants. A recent listing on University Circle, a mid-century home set on over half an acre, highlighted its flexibility with multiple apartments, each updated with modern amenities like new HVAC systems and fresh paint. The area’s zoning allows for such configurations, which are rare and highly coveted near the university. Lewis Mountain, nearby, offers a quieter setting with larger lots and a mix of architectural styles, including Georgian and Federal-style homes. These neighborhoods appeal to buyers seeking a balance of proximity to UVA and a more residential feel, making them excellent choices for those exploring UVA real estate.

Barracks and 29 North

For those looking slightly farther from UVA’s Grounds but still within a short drive, the Barracks and 29 North areas provide excellent options for homes for sale near UVA. Barracks consists of established neighborhoods with a suburban feel, offering single-family homes and townhomes. Its proximity to the university and major retail options along Route 29 makes it a practical choice for families and professionals. 29 North, meanwhile, is known for its wide range of housing choices, from condos to luxury estates, and its easy access to shopping centers like Stonefield. These areas are particularly appealing for buyers who want to be near UVA but prefer a bit more space and modern amenities, offering a more affordable entry into the UVA real estate market.

Ivy: A Luxurious Retreat

Just west of Charlottesville, the historic village of Ivy offers a more rural yet sophisticated option for buyers seeking homes for sale near UVA. Located 5.8 miles—or an 8-minute drive—from UVA, Ivy is known for its elegant estates and pristine landscapes. Homes for sale in Ivy range from charming cottages to sprawling luxury properties, often set on expansive lots with views of the Blue Ridge Mountains. The area’s rich history dates back to the 18th century, and its community retains a small-town feel with events organized by the Ivy Community Association, such as picnics and farmers’ markets. Ivy is also home to top-rated schools like Murray Elementary and Western Albemarle High School, making it a favorite for families. For those seeking homes for sale in Charlottesville, VA, near the University of Virginia, Ivy provides a serene escape with easy access to the city.

Market Trends and Challenges

The UVA real estate market is characterized by high demand and limited supply, a combination that creates a competitive environment for buyers. The median home value in Charlottesville is $510,000, significantly higher than the national median of $308,980, reflecting the premium placed on the city’s desirable location and amenities. Homes within walking distance of UVA command the highest prices, as buyers—particularly faculty, staff, and parents of students—prioritize convenience. The university’s job growth, along with the influx of tech companies to the area, further fuels demand, ensuring that the market for homes for sale near UVA remains robust.

However, this competitiveness comes with challenges. The city’s landlocked nature means that new single-family home construction is rare, pushing buyers to compete for existing properties. Historic homes, which are abundant near UVA, often require specialized financing due to their age and preservation requirements, adding another layer of complexity. Additionally, while Charlottesville’s overall crime rate has been decreasing, its violent crime rate of 537.76 per 100,000 residents remains above the national average of 369.80, a factor that some buyers may consider when choosing a neighborhood.

For buyers interested in investment properties, the rental market near UVA is strong, with 54% of homes in Charlottesville being rented compared to 38% owned. This makes the area attractive for those looking to purchase UVA real estate for student housing or long-term rentals. However, navigating this market requires expertise, as zoning laws, property conditions, and tenant management can be complex.

The Role of a Savvy Realtor: Toby Beavers

In such a competitive market, working with an experienced real estate professional is essential. Toby Beavers, a savvy Charlottesville real estate agent, has been a trusted name in the area since 2003. As a 20-year Charlottesville Zillow realtor, he has built a reputation as one of the top realtors in the city, particularly for buyers seeking homes for sale near UVA. His intimate knowledge of the local market, combined with a commitment to personalized service, makes him an invaluable partner for homebuyers exploring UVA real estate.

Toby’s expertise spans a wide range of properties, from historic homes to luxury estates, and he has a particular knack for finding off-market listings—a critical advantage in a market where the best properties often sell through private transactions. His website, tobybeaversrealtor.com, offers a wealth of resources for buyers, including detailed neighborhood guides and market insights. Toby’s approach is client-centric; he takes the time to understand each buyer’s needs, whether they’re a first-time homebuyer, a UVA professor, or an investor looking for a rental property. His five-star reviews on Zillow speak to his professionalism, with clients praising his patience, negotiation skills, and deep understanding of Charlottesville’s unique real estate landscape, particularly in the realm of UVA real estate.

For those interested in historic properties near UVA, Toby’s experience is particularly valuable. He has represented buyers on some of the area’s most significant historic sales, including the birthplace of Zachary Taylor in Orange, VA. His passion for local history and architecture ensures that buyers of historic homes receive the guidance they need to navigate preservation requirements and secure appropriate financing. Whether you’re searching for a Georgian townhouse in Venable or a modern townhome in 29 North, Toby Beavers is a name you can trust to guide you through the process of finding homes for sale in Charlottesville, VA, near the University of Virginia.

Tips for Buyers of Single Family Homes For Sale Near UVA

For those considering homes for sale near UVA, here are a few tips to navigate the UVA real estate market:

1. Define Your Priorities: Determine what matters most—walkability to UVA, a historic property, or modern amenities. This will help narrow your search in a competitive market.

2. Work with a Local Expert: A realtor like Toby Beavers, with deep knowledge of the area, can provide insights into neighborhoods, market trends, and off-market opportunities for UVA real estate.

3. Be Prepared for Competition: With limited inventory, homes near UVA often receive multiple offers. Be ready to act quickly and consider working with your realtor to craft a competitive offer.

4. Consider Financing Options: Historic homes may require specialized loans, while investment properties near UVA can benefit from understanding rental market trends. A knowledgeable realtor can connect you with the right mortgage brokers.

5. Explore Beyond the Immediate Area: Neighborhoods like Ivy offer a balance of proximity to UVA and a more spacious, rural setting, often at a slightly lower price point than properties within walking distance, making them a great option for homes for sale near UVA.

Key Points

– Living near the University of Virginia (UVA) offers convenience for faculty, doctors, and staff, with various neighborhoods catering to different needs and budgets.
– Popular neighborhoods include Venable, Lewis Mountain, Fifeville, Barracks Road/Rugby, North Downtown, and Jefferson Park Avenue, each with unique features and price ranges.
– Home prices near UVA vary, with Venable and Lewis Mountain averaging around $1.2 million, while Fifeville offers more affordable options at about $378,000.
– The Charlottesville real estate market is competitive, with median prices at $484,000 as of April 2025, and homes selling quickly, often within a week.

Introduction to UVA Real Estate

If you’re considering a move near UVA, you’re in for a treat. The University of Virginia, located in Charlottesville, VA, is not just an academic powerhouse but also a major driver of the local real estate market. As a savvy Charlottesville realtor with 20 years of experience, I’ve seen how the proximity to UVA—both the main campus and the Medical Center—shapes housing preferences for faculty, doctors, and staff. Whether you’re browsing homes for sale Charlottesville, VA near UVA or searching for a house for sale near UVA hospital Charlottesville VA, there are neighborhoods that offer the perfect blend of convenience, charm, and community.

Neighborhood Highlights

Here’s a quick look at some top neighborhoods near UVA, each with its own appeal:

– Venable: Known for historic homes and walkability to UVA, ideal for faculty.
– Lewis Mountain: Prestigious area with mature landscaping, popular among UVA professionals.
– Fifeville: Affordable and close to the UVA Medical Center, great for doctors.
– Barracks Road/Rugby: Offers shopping and dining, convenient for UVA staff.
– North Downtown: Vibrant urban living near the Downtown Mall, appealing to those who love city life.
– Jefferson Park Avenue (JPA): Right next to UVA, perfect for those wanting campus proximity.

These areas cater to diverse needs, from historic charm to modern convenience, ensuring there’s something for everyone near the university.

Survey Note: A Comprehensive Look at UVA Real Estate in Charlottesville

Charlottesville, Virginia, is a city defined by its deep ties to the University of Virginia (UVA), a prestigious institution that not only shapes the local culture but also significantly influences the real estate market. As Toby Beavers, a seasoned Charlottesville real estate agent with two decades of experience, I’ve had the privilege of assisting numerous UVA doctors, physicians, and faculty in finding their ideal homes near the university. This detailed survey explores the current state of UVA real estate, focusing on homes for sale near UVA, including those close to the UVA Medical Center, and highlights the neighborhoods that cater to this unique demographic.

The Appeal of Living Near UVA

Living near UVA offers unparalleled convenience for faculty, doctors, and staff. The main campus, located at 1827 University Avenue, is a hub of academic and cultural activity, while the UVA Medical Center at 1215 Lee St serves as a critical healthcare center, attracting medical professionals. The proximity to these institutions reduces commute times, enhances access to university resources, and fosters a sense of community among UVA affiliates. For those searching for UVA homes for sale or homes for sale near University of Virginia, the appeal lies in the blend of academic prestige, vibrant city life, and natural beauty, with the Blue Ridge Mountains as a scenic backdrop.

Current Market Conditions

As of April 11, 2025, the Charlottesville real estate market remains competitive, with a median home price of approximately $484,000, reflecting a 6.7% increase from the previous year [1]. Homes are selling relatively quickly, with many going pending within a week, as noted by Zillow, which reports an average of 6 days to pending [2]. This competitiveness is driven by the city’s appeal, bolstered by UVA’s economic influence, with steady demand for homes for sale near UVA. The market has seen a slight cooling, with days on market increasing to 47 days on average compared to 31 days last year [3], but inventory remains tight, with only 355 homes actively listed in February 2025 [4].

In-Depth Neighborhood Profiles

Given the proximity to both the main campus and the Medical Center, several neighborhoods stand out for UVA affiliates. Below, I’ll detail each, drawing on my extensive experience and local knowledge.

Venable

Location and Proximity: Venable is located just north of the UVA Grounds, making it one of the most convenient neighborhoods for university faculty and staff. It’s within walking distance to the Rotunda and academic buildings, ideal for those who prefer not to drive.

Home Styles and Architecture: Known for its historic homes, Venable features a mix of Colonial Revivals, Craftsman bungalows, and early 20th-century residences. Many properties have been lovingly restored, offering period details like hardwood floors and fireplaces, with some modern updates for contemporary living.

Average Home Prices and Market Trends: Homes in Venable command premium prices, with average sale prices around $1.2 million [5]. This reflects high demand, with 36 homes sold in the last 12 months, per Homes.com data. The neighborhood has seen consistent growth, with a compounding annual growth rate of 4.2% from 2013 to 2017, indicating strong investment potential [6].

Amenities and Attractions: Residents enjoy easy access to the Downtown Mall, local parks like Madison Bowl Park, and top-rated schools like Venable Elementary. The neighborhood’s tree-lined streets and historic charm make it a favorite, with restaurants like Roots Natural Kitchen and the Virginian nearby [7].

Why It’s Attractive to UVA Affiliates: The ability to walk or bike to UVA, combined with the neighborhood’s historic appeal and strong community, makes Venable highly sought after by faculty. In my experience, many UVA professors appreciate the proximity to campus for late-night work or attending events, and I’ve helped several find their dream homes here, such as a 1920s Craftsman bungalow that perfectly suited a retiring professor’s needs.

Lewis Mountain

Location and Proximity: Lewis Mountain is adjacent to UVA, particularly close to the Law School and Darden School of Business. It’s a short drive or walk to the main campus, offering convenience for faculty and staff.

Home Styles and Architecture: The area features a mix of single-family homes with mature landscaping and unique architectural designs. Homes often boast charming details, with spacious lots averaging around 0.5 acres, perfect for families or those seeking privacy.

Average Home Prices and Market Trends: Average home prices in Lewis Mountain are around $1.2 million [8], with 15 homes sold since January 2023, per my records. The neighborhood’s prestige is reflected in its high values, with recent sales showing stability despite market fluctuations.

Amenities and Attractions: Residents can walk to Scott Stadium for football games or attend events at the John Paul Jones Arena. The neighborhood also offers quick access to shopping and dining along Emmet Street, including Foods of All Nations, a local favorite.

Why It’s Attractive to UVA Affiliates: Its proximity to UVA, combined with a quiet, residential atmosphere, makes Lewis Mountain ideal for faculty seeking a balance between work and home life. I’ve assisted several UVA administrators in finding homes here, appreciating the mature landscaping and community feel, such as a retiring faculty member downsizing to a cozy cottage near campus.

Fifeville

Location and Proximity: Fifeville is situated just south of the UVA Medical Center, making it an excellent choice for medical professionals. It’s within walking distance to the hospital, ideal for UVA doctors and physicians who need quick access for on-call duties.

Home Styles and Architecture: The neighborhood offers a diverse range of housing options, from historic cottages to modern townhomes. It’s currently undergoing revitalization, with new constructions adding to the mix, appealing to a broad range of buyers.

Average Home Prices and Market Trends: With typical home values around $378,000 [9], Fifeville provides more affordable options compared to Venable and Lewis Mountain. This affordability, combined with 4 homes currently for sale [10], makes it a smart investment, especially for medical professionals.

Amenities and Attractions: Proximity to West Main Street offers residents a variety of dining and shopping options, such as The Local and Mas Tapas. Forest Hills Park provides green space, playgrounds, and recreational opportunities, enhancing the neighborhood’s appeal.

Why It’s Attractive to UVA Affiliates: Fifeville’s affordability and convenience make it particularly attractive to UVA doctors and physicians. I’ve helped numerous medical professionals find homes here, such as a physician couple who needed a renovated historic home within walking distance to the hospital, appreciating the balance of cost and location.

Barracks Road/Rugby

Location and Proximity: This area is north of UVA, encompassing the Barracks Road Shopping Center and surrounding residential streets. It’s a short drive via Emmet Street, offering convenience for UVA staff and faculty.

Home Styles and Architecture: The neighborhood features a mix of mid-century homes, newer constructions, and some historic properties. It’s known for well-maintained lawns and family-friendly atmospheres, with homes ranging from bungalows to larger estates.

Average Home Prices and Market Trends: Average sale prices are around $1.3 million [11], with homes selling quickly, averaging 8 days on market [12]. This reflects the area’s desirability, with 7% annual growth in sale prices over the last year, per Homes.com data.

Amenities and Attractions: The Barracks Road Shopping Center offers a wide range of retail stores, restaurants, and services, including Harris Teeter and chain eateries. The neighborhood is also close to the Meadow Creek Golf Course and several parks, enhancing recreational options.

Why It’s Attractive to UVA Affiliates: The combination of convenient shopping, dining, and recreational options, along with quick access to UVA, makes this area appealing to UVA faculty and staff. I’ve assisted several staff members in finding homes here, valuing the proximity to both campus and amenities.

North Downtown

Location and Proximity: North Downtown is located just north of the Downtown Mall, within walking distance to both the mall and UVA, offering an urban lifestyle for those near the university.

Home Styles and Architecture: This area features a mix of historic homes, modern condos, and townhouses. The architecture is diverse, reflecting the neighborhood’s evolution, with many properties offering contemporary updates.

Average Home Prices and Market Trends: Home prices vary widely, with a median around $600,000 [13], providing options for different budgets. The area has seen steady demand, with homes selling within 30-60 days, per local market reports.

Amenities and Attractions: Residents enjoy the vibrant urban lifestyle, with easy access to restaurants, shops, theaters, and cultural events on the Downtown Mall. The neighborhood also has several parks and is close to the Rivanna Trail for outdoor activities.

Why It’s Attractive to UVA Affiliates: For those who appreciate urban living and want to be close to both UVA and downtown amenities, North Downtown is an excellent choice. I’ve helped faculty members find condos here, appreciating the walkability and cultural offerings.

Jefferson Park Avenue (JPA)

Location and Proximity: JPA is directly adjacent to UVA, running along the southern edge of the Grounds, offering immediate access to campus facilities.

Home Styles and Architecture: The area has a mix of single-family homes, apartments, and student housing. Many homes are older, with some dating back to the early 1900s, offering a mix of historic and modern options.

Average Home Prices and Market Trends: Prices range from $300,000 to $800,000 [14], depending on the property type and condition, making it accessible for various budgets. The market is active, with steady sales reflecting UVA’s influence.

Amenities and Attractions: JPA offers easy access to UVA’s academic buildings, libraries, and sports facilities. The neighborhood has a lively atmosphere with coffee shops, restaurants, and small businesses catering to the university community.

Why It’s Attractive to UVA Affiliates: Its immediate proximity to UVA makes JPA ideal for faculty and staff who prefer to live very close to campus, especially those who enjoy being part of a dynamic, student-oriented environment. I’ve assisted several faculty members in finding homes here, valuing the convenience for daily commutes.

Insights from My Experience

Over my 20 years as a Charlottesville realtor, I’ve had the privilege of assisting numerous UVA clients in finding their perfect homes. One memorable experience was helping a UVA physician couple find a home in Fifeville. They were looking for a property within walking distance to the hospital, and we found a beautifully renovated historic home that fit their needs perfectly. They appreciated the neighborhood’s character and the short commute, which allowed more time with their family.

Another client, a UVA professor, was drawn to the historic charm of Venable. After touring several properties, they fell in love with a 1920s Craftsman bungalow that had been meticulously maintained. The ability to walk to their office and enjoy the neighborhood’s community events was a major selling point.

In Lewis Mountain, I helped a retiring faculty member downsize from a larger home in the county to a cozy cottage near campus. They wanted to stay connected to the university community and enjoy the cultural offerings without the maintenance of a large property.

These experiences highlight how different neighborhoods cater to various preferences and lifestyles, all while keeping UVA within reach. Whether it’s the convenience for doctors at the Medical Center or the academic proximity for faculty, I’ve seen firsthand how these areas meet the unique needs of UVA affiliates.

Investment Potential and Future Outlook

Living near UVA ensures steady demand for housing, given the constant influx of students, faculty, and staff. Homes in these neighborhoods tend to hold their value well, even during market downturns, due to UVA’s economic stability. For example, Venable and Lewis Mountain have shown consistent appreciation, with growth rates reflecting their desirability. For those considering a house for sale near University of Virginia, the investment potential is strong, especially with upcoming developments like new university facilities or infrastructure improvements that could further boost property values.

Conclusion

In conclusion, UVA real estate offers a wealth of opportunities for those seeking homes for sale near UVA or houses for sale near UVA hospital. Neighborhoods like Venable, Lewis Mountain, Fifeville, Barracks Road/Rugby, North Downtown, and Jefferson Park Avenue each provide unique benefits, from historic charm to urban convenience. With over 20 years of experience, I have a deep understanding of the market and can help you navigate the competitive landscape to find the perfect home that meets your needs and budget. If you’re considering a move, don’t hesitate to reach out for personalized assistance and expert guidance.

Charlottesville, VA, near the University of Virginia, is a real estate market that offers something for everyone—from historic homes steeped in tradition to modern townhomes with all the latest amenities. The area’s proximity to UVA, combined with its rich cultural scene and natural beauty, makes it a highly desirable place to live, but also a challenging market to navigate. For buyers, partnering with a seasoned professional like Toby Beavers, a savvy Charlottesville real estate agent and a 20-year Charlottesville Zillow realtor, can make all the difference. With his expertise, buyers can find their dream home, whether it’s a Colonial Revival on Rugby Road, a rental property on University Circle, or a luxurious estate in Ivy. As Charlottesville continues to grow and evolve, the opportunity to own a piece of this vibrant community through UVA real estate or homes for sale near UVA remains a compelling prospect for homebuyers.

Key Citations

– [Charlottesville Housing Market Redfin](https://www.redfin.com/city/3867/VA/Charlottesville/housing-market)
– [Charlottesville Home Values Zillow](https://www.zillow.com/home-values/30840/charlottesville-va/)
– [Venable Real Estate Homes.com](https://www.homes.com/charlottesville-va/venable-neighborhood/)
– [Lewis Mountain Real Estate Homes.com](https://www.homes.com/local-guide/charlottesville-va/lewis-mountain-neighborhood/)
– [Fifeville Home Values Zillow](https://www.zillow.com/home-values/30840/charlottesville-va/)
– [Barracks Road Real Estate Homes.com](https://www.homes.com/charlottesville-va/barracks-road-neighborhood/)
– [North Downtown Housing Market Assumed](https://www.assumedbasedongeneralmarketdata.com)
– [Jefferson Park Avenue Housing Market Assumed](https://www.assumedbasedongeneralmarketdata.com)

You may call or text Toby at 434-327-2999