Charlottesville, VA Foreclosed Homes & Properties

Foreclosure Homes for Sale in Charlottesville, VA: Everything You Need to Know

US Route 250 was formerly known as the Monacan hunting path, and later renamed Three Notch’d Road by European settlers. Without this trade route between Richmond and the Appalachian Mountains, Charlottesville would not be the city it is today. 

Thomas Jefferson was one of the first men to begin building in this city. He founded the University of Virginia located down the mountain from his 5,000-acre plantation called Monticello, which is now a National Historic Landmark and UNESCO World Heritage Site. 

In the 1850s, a railroad was completed, which helped expand shipping dramatically and brought more growth to the city. Being part of the South, the city played a central role in manufacturing Confederate uniforms for the Civil War. Unlike many other southern communities, Charlottesville remained virtually unscathed by the war. However, in 1864 a raid led by Union General George A. Custer forced the town leaders to surrender Charlottesville. 

The spirit of Jefferson draws millions of visitors from around the world, and agriculture still rules local commerce.  

Charlottesville Real Estate: Housing Availability 

The present and past have created a unique combination of architecture and culture in this city. As you stroll through the town, you’ll see both traditional and contemporary style homes with breathtaking architecture. 

The top three housing styles are the Colonial, the Craftsman, and the Farmhouse. All three styles offer large, open floor plans and are unique, comfortable, and beautiful houses.  

Roughly 38% of the properties in Charlottesville were built during the 1940s-1960s. Other housing spurts happened between the 1970s-1999 (29%), and before 1939 (17%).  

The average home value is $351,773. About 40.56% of residents own their homes, and 59.44% are renting their property.  The average rent for a studio apartment in this area is $1,290 a month.  

Getting Around in Charlottesville 

The Charlottesville Area Transit (CAT) services the greater Charlottesville area. Bus fares cost .75 cents one-way, and day passes cost $1.50. CAT does not operate on certain holidays such as Easter Sunday, Independence Day, and Thanksgiving Day. There is also a rail service by Amtrak that provides transportation in and out of the city.  

The Charlottesville Albemarle Airport is only eight miles from Downtown, and the Dulles International Airport is a 2-hour drive from the city via Route 29.  

Shopping in Town  

The city of Charlottesville has a relaxed, outdoor shopping scene. There’s no fashion district, nor will you find enormous shopping malls like the Mall of America. Instead, you will run across smaller areas lined with small shops and eateries.  

The Downtown Mall is right in the middle of Charlottesville. It includes a half-mile of family-owned businesses, theaters, patio dining, banks, boutiques, pop-up street performances, and even features a carousel.  

Another popular shopping spot is the Barracks Road Shopping Center. This area has well-known stores such as Barnes & Noble and Anthropologie, as well as small boutiques like the Virginia Shop.