Home prices
The median home value in University of Virginia is $397,200. In comparison to other places in this area this is roughly $99,660 (33%) higher.In comparison to the entire country it is approximately $179,700 (82%) higher, and in comparison to the city of Richmond is about $166,700 (72%) higher.
Rents
The median monthly rent in University of Virginia is $1,126. Compared to other places in this area it is approximately $176 (13%) lower.It is roughly $64 (6%) higher in comparison to the entire nation, and compared to the city of Richmond is roughly $101 (9%) higher.
Nearby places
Charlottesville
Charlottesville is University of Virginia's neighbor to the east. Its real estate prices are significantly less expensive. The median home in Charlottesville is valued at $299,600, which comes out to $97,600 (32%) lower than University of Virginia. Rent there is pretty similar. Charlottesville's median monthly rent is $1,142, which works out to $16 (1%) higher than University of Virginia.
Pantops
Pantops is about 3 miles east of University of Virginia. The housing prices there are a bit less expensive. The median home in Pantops is valued at $330,100, which works out to $67,100 (20%) lower than University of Virginia. The rent there is a little more expensive. The median rent in Pantops is $1,284 a month, which comes out to $158 (12%) higher than University of Virginia.
Hollymead
Hollymead is about 7 miles northeast of University of Virginia. Real estate prices there are a lot less expensive. The value of the median home in Hollymead is $294,300, which works out to $102,900 (34%) lower than University of Virginia. The rent there is somewhat more expensive. In Hollymead the median rent is $1,429 a month, which is $303 (21%) higher than University of Virginia.
Crozet
Crozet is about 8 miles west of University of Virginia. Real estate prices there are similar. The median home price in Crozet is $378,800, which is $18,400 (4%) lower than University of Virginia. Rents there are a bit more expensive. In Crozet the median monthly rent is $1,437, which is $311 (21%) higher than University of Virginia.
Piney Mountain
Piney Mountain is about 9 miles northeast from University of Virginia. Its housing prices are substantially less expensive. The median home cost in Piney Mountain is $184,900, which works out to $212,300 (114%) lower than University of Virginia. Rent there is a little more expensive. Piney Mountain's median monthly rent is $1,216, which works out to $90 (7%) higher than University of Virginia.
