SIALIMStatistical Intelligence for America's Local Investment Markets

22903Charlottesville, VA Home Values

Typical home value $541,799 as of July 2026 · 8th of 37 in Charlottesville, VA

Typical value — July 2026
$541,799
observed, not a forecast
Past 12 months
+0.5%
trailing year-over-year change
Past 5 years
+20.0%
July 2021 to July 2026
Rank in metro
8th
of 37 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 22903, July 2021 to July 2026. This page shows observed data only; no forecast.

How 22903 compares in the Charlottesville, VA area

ZIP code 22903 (Charlottesville, VA) has a typical home value of $541,799 as of July 2026, ranking 8th of 37 ZIP codes tracked in the Charlottesville, VA area, more expensive than about 81% of ZIP codes in the metro. Prices here have moved +0.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +20.0%, from $451,379 in July 2021 to $541,799 in July 2026. Against observed rent, the typical home here sells for 22× the annual rent ($2,052/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Charlottesville, VA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Charlottesville.

Population and demographics

ZIP code 22903 has a population of 39,925, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 66% White, 14.5% Black or African American, 9.4% Asian, 6% Hispanic or Latino, 3.4% two or more races, 0.6% another race, and 0.1% American Indian or Alaska Native.

Nearby public schools

SchoolAddressDistance
Virginia L. Murray Elementary3251 Morgantown Road, Charlottesville, VA3.7 mi
Red Hill Elementary3901 Red Hill School Road, North Garden, VA3.7 mi
Johnson Elementary1645 Cherry Avenue, Charlottesville, VA5 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 22903?

$541,799 as of July 2026, the latest month Zillow has published observed data for.

Is 22903 an expensive ZIP code in the Charlottesville, VA area?

22903 ranks 8th of 37 ZIP codes in the Charlottesville, VA area by typical home value, more expensive than about 81% of ZIP codes in the metro.

How much have home values in 22903 changed over the past year?

+0.5% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 22903?

The typical home price is 22× the observed annual rent in this ZIP code ($2,052/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 22903?

39,925, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 22903?

Virginia L. Murray Elementary (3.7 mi), Red Hill Elementary (3.7 mi), Johnson Elementary (5 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 22903?

No. Every number on this page is observed Zillow data as of July 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Charlottesville, VA forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.