22903 — Albemarle County, Virginia Market Snapshot

Housing market data for zip code 22903 in Albemarle County, Virginia. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

18 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$278,500

Closed sales

Days to Sell

20

Median, listing to close

Homes Sold

18

Closed in 2026

Inventory

19

Sale-to-List

98.2%

New Listings

30

Price/SqFt

$254

Pending Sales

23

Conforming Loan Available

Most homebuyers in 22903 can comfortably use conventional financing. The median home price of $278,500 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

Homes in 22903 are moving quickly at 20 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

Homes are selling very close to asking price in 22903 (98.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 22903 can comfortably use conventional financing. The median home price of $278,500 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 22903 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 22903

To purchase the median home at $278,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,284.

Monthly Payment

$2,284

Income Required

$97,876

Principal & Interest

$1,716/mo

Down Payment (5%)

$13,925

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 22903.

%
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Estimated Monthly Payment

$1,874

Principal & Interest$1,445
Property Tax$279
Insurance$150
Loan Amount$222,800
Total Interest$297,429
Income Required$80,296/yr

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