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Albemarle County Housing

 
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As of 2010-2014, median price of a house in Albemarle County is $317,300, which is higher than the state average of $243,500 and is much higher than the national average of $175,700. The Albemarle County median house value has grown by 96.96% since 2000. The growth rate for the price of a house in Albemarle County is higher than the state average rate of 94.18% and is much higher than the national average rate of 46.91%. The median year that a house in Albemarle County was built is 1988, which is newer than the median year for a house built in the state which is 1980 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 25,135 Owner Occupied Houses in Albemarle County, #13
Albemarle County
317,300 USD
Virginia
243,500 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #42
Albemarle County
96.96%
Virginia
94.18%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Albemarle CountyVirginiaU.S.
Total Housing Units43,128, see rank, 100%3,403,241132,741,033
Occupied Housing Units38,537, 89.35%, see rank89.38%87.55%
Owner Occupied25,135, 58.28%, see rank59.60%56.34%
Renter Occupied13,402, 31.07%, see rank29.78%31.21%
Vacant Housing Units4,591, 10.65%, see rank10.62%12.45%
For Rent1,528, 3.54%, see rank2.10%2.34%
For Sale Only192, 0.45%, see rank1.09%1.20%
Rented or Sold, Not Occupied493, 1.14%, see rank1.20%0.92%
For Seasonal, Recreational, or Occasional Use1,230, 2.85%, see rank2.67%3.97%
For Migrant Workers35, 0.08%, see rank0.02%0.03%
Other Vacant1,113, 2.58%, see rank3.55%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #18
Albemarle CountyVirginiaU.S.
198819801976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Albemarle County%VirginiaU.S.
Owner-Occupied Units25,135100%2,028,24474,787,460
With a Mortgage17,08467.97%, see rank71.14%65.58%
Without a Mortgage8,05132.03%, see rank28.86%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Albemarle County
1,733 USD
Virginia
1,742 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsAlbemarle County%VirginiaU.S.
$299 or Less390.23%, see rank0.23%0.20%
$300 to $4991801.05%, see rank1.45%1.59%
$500 to $6994722.76%, see rank3.72%5.01%
$700 to $9991,4068.23%, see rank10.40%14.32%
$1,000 to $1,4994,18724.51%, see rank23.15%27.90%
$1,500 to $1,9994,24624.85%, see rank21.20%20.35%
$2,000 to $2,9994,20224.60%, see rank24.77%19.52%
$3,000 or More2,35213.77%, see rank15.06%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Albemarle County
21.70% of the Total Income
Virginia
23.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Albemarle County%VirginiaU.S.
10% or Less1,5579.11%, see rank6.18%5.86%
10% to 20%5,94234.78%, see rank32.74%31.95%
20% to 30%4,73027.69%, see rank29.30%27.64%
30% to 40%2,10212.30%, see rank13.96%13.74%
40% or More2,63115.40%, see rank17.46%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Albemarle County
477 USD
Virginia
429 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsAlbemarle County%VirginiaU.S.
$199 or Less2993.71%, see rank8.34%7.76%
$200 to $2991,09513.60%, see rank17.18%14.70%
$300 to $4992,94736.60%, see rank35.90%34.63%
$500 to $6991,64520.43%, see rank20.27%21.16%
$700 or More2,06525.65%, see rank18.31%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Albemarle County
10.70% of the Total Income
Virginia
10.80% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Albemarle County%VirginiaU.S.
10% or Less3,77046.83%, see rank46.49%40.19%
10% to 20%2,36029.31%, see rank29.97%31.47%
20% to 30%7128.84%, see rank10.53%12.24%
30% to 40%3654.53%, see rank4.67%5.64%
40% or More7409.19%, see rank7.24%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Albemarle CountyVirginiaU.S.
Total Housing Units43,128, 100%3,403,241132,741,033
1-unit, Detached26,164, 60.67%, see rank61.97%61.65%
1-unit, Attached4,623, 10.72%, see rank10.88%5.82%
2 Units482, 1.12%, see rank1.67%3.75%
3 or 4 Units1,035, 2.40%, see rank2.74%4.43%
5 to 9 Units1,920, 4.45%, see rank4.64%4.78%
10 or More Units7,107, 16.48%, see rank12.76%13.08%
Mobile Home, Boat, RV, Van, etc.1,797, 4.17%, see rank5.34%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Albemarle CountyVirginiaU.S.
Total Housing Units43,128, 100%3,403,241132,741,033
1 Room534, 1.24%, see rank1.33%1.95%
2 Rooms670, 1.55%, see rank1.73%2.48%
3 Rooms2,860, 6.63%, see rank6.92%9.13%
4 Rooms7,411, 17.18%, see rank14.48%16.60%
5 Rooms7,509, 17.41%, see rank17.82%20.41%
6 Rooms6,280, 14.56%, see rank16.80%18.06%
7 Rooms4,764, 11.05%, see rank13.06%12.27%
8 Rooms4,300, 9.97%, see rank10.92%8.48%
9 Rooms or More8,800, 20.40%, see rank16.94%10.60%
Median Rooms5.90, see rank6.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Albemarle CountyVirginiaU.S.
Total Housing Units43,128, 100%3,403,241132,741,033
No Bedroom562, 1.30%, see rank1.46%2.17%
1 Bedroom4,138, 9.59%, see rank8.47%11.16%
2 Bedrooms10,418, 24.16%, see rank23.83%26.69%
3 Bedrooms15,765, 36.55%, see rank39.65%39.70%
4 Bedrooms9,269, 21.49%, see rank20.28%16.05%
5 or More Bedrooms2,976, 6.90%, see rank6.31%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Albemarle CountyVirginiaU.S.
Total Housing Units38,537, 100%3,041,710116,211,092
Utility Gas5,710, 14.82%, see rank33.74%48.85%
Bottled, Tank, or LP Gas3,515, 9.12%, see rank4.51%4.86%
Electricity24,906, 64.63%, see rank52.28%36.68%
Fuel Oil, Kerosene, etc.2,584, 6.71%, see rank6.01%5.86%
Coal or Coke5, 0.01%, see rank0.08%0.12%
Wood1,571, 4.08%, see rank2.76%2.12%
Solar Energy10, 0.03%, see rank0.02%0.05%
Other Fuel121, 0.31%, see rank0.29%0.47%
No Fuel Used115, 0.30%, see rank0.30%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalAlbemarle CountyVirginiaU.S.
Occupied Units Paying Rent12,415, 100%957,68639,201,928
$199 or Less62, 0.50%, see rank1.61%1.50%
$200 to $299115, 0.93%, see rank2.46%3.18%
$300 to $499415, 3.34%, see rank5.54%7.37%
$500 to $699847, 6.82%, see rank10.39%16.01%
$700 to $9993,121, 25.14%, see rank22.57%29.17%
$1,000 to $1,4995,480, 44.14%, see rank30.50%26.88%
$1,500 to $1,9991,563, 12.59%, see rank15.76%9.79%
$2,000 or More812, 6.54%, see rank11.16%6.10%
Median$1,115, see rank$1,108$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Albemarle CountyVirginiaU.S.
Occupied Housing Units38,537, 100%3,041,710116,211,092
No Vehicles Available1,832, 4.75%, see rank6.38%9.12%
1 Vehicles Available12,326, 31.98%, see rank30.54%33.80%
2 Vehicles Available15,116, 39.22%, see rank38.24%37.48%
3 or More Vehicles Available9,263, 24.04%, see rank24.84%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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