The Martha Jefferson neighborhood in Charlottesville is only .375 square miles with a population of 3,300 and popular among young, affluent families.
The Martha Jefferson neighborhood is bordered by North Downtown, Woolen Mills, and Belmont.
The neighborhood got its name because of the old Martha Jefferson Hospital at the intersection of High St and Locust Ave. The new Martha Jefferson Hospital is located on a lot more land at Peter Jefferson Place.
The majority of the homes in the Martha Jefferson neighborhood are 4-5 bedrooms and were built between 1900 and 1945.
The current population of Martha Jefferson as of 2022 is 3015 with an average age of 50 years old and a median income of $90k.
77% of the homes in the Martha Jefferson neighborhood are owner-occupied.
The median rent in Martha Jefferson is $975 a month per bedroom.
Martha Jefferson is an ideal neighborhood for buyers with enough funds to purchase a larger home; and or purchase it, rehab it, and rent it.
The average price of a single-family Martha Jefferson home in 2022 is $800,000.
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