22923 — Albemarle County, Virginia Market Snapshot
Housing market data for zip code 22923 in Albemarle County, Virginia. Updated monthly with median prices, days on market, and more.
Market Sales Data
46 sales in 2026 (year to date)
Median Sale Price
$436,740
Days to Sell
12
Homes Sold
46
Inventory
27
Sale-to-List
100.0%
New Listings
88
Price/SqFt
$220
Pending Sales
50
Conforming Loan Available
Most homebuyers in 22923 can comfortably use conventional financing. The median home price of $436,740 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
22923 is an extremely competitive market with homes selling in just 12 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 22923 (100.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 22923 can comfortably use conventional financing. The median home price of $436,740 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 22923 are set at the county level.
2026 Loan Limits — Albemarle County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $598,000 |
| 2 Units | $1,066,250 | $765,550 |
| 3 Units | $1,288,800 | $925,350 |
| 4 Units | $1,601,750 | $1,150,000 |
Affordability Snapshot — Zip 22923
To purchase the median home at $436,740 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,496.
Monthly Payment
$3,496
Income Required
$149,835
Principal & Interest
$2,691/mo
Down Payment (5%)
$21,837
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 22923.
Estimated Monthly Payment
$2,853
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