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Crozet, VA—22932

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$610,000
2.2% YoY Growth
Household Income
$115,000
52.8% YoY Growth
Days on Market
51
41.0% Longer YoY
Home Price Forecast
0.1%
Median Rent
$2,640
8.1% YoY Growth
1-Bed Rent
$1,700
0.0% YoY Growth
2-Bed Rent
$2,000
5.2% YoY Growth
3-Bed Rent
$2,620
2.7% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Crozet, VA

As of May '26, the median home price in Crozet, VA is $610,000, with a year-over-year change of 2.2%. This indicates that home prices in Crozet, VA are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$610,0002.2%
Single Family $611,0002.3%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $359,0000.0%
    3 Bed
    $511,0002.4%
    4 Bed
    $700,0001.4%
    5 Bed $967,3511.4%
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    % of Housing Stock

    Studio
    0.4%
    1 Bedroom
    7.9%
    2 Bedrooms
    11.6%
    3 Bedrooms
    39.9%
    4 Bedrooms
    24.8%
    5+ Bedrooms
    15.3%

    Rental Trends — Crozet, VA

    As of July '25, Rentcast reports the average rent in Crozet, VA is $2,680, with a year-over-year rent change of 8.1%. Per bedroom, the median rent as of July '25 in Crozet, VA is studios: $1,190, 1-bedrooms: $1,700, 2-bedrooms: $2,020, 3-bedrooms: $2,690, 4-bedrooms: $3,120. The most common rental property sizes in Crozet, VA are 2-bedroom and 1-bedroom, accounting for 35.9% and 28.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,640$2,680
    Studio Rent $950$1,190
    1 Bed Rent $1,700$1,700
    2 Bed Rent $2,000$2,020
    3 Bed Rent $2,620$2,690
    4 Bed Rent $2,800$3,120
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    % of Rental Stock

    Studio
    2.3%
    1 Bedroom
    28.0%
    2 Bedrooms
    35.9%
    3 Bedrooms
    27.2%
    4 Bedrooms
    5.1%
    5+ Bedrooms
    1.5%

    Property Listings — Crozet, VA

    As of May '26, Realtor.com reports that the median days on market for a home in Crozet, VA is 51. This is a increase of 41.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 5.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $700,00011.0%
    Listing Count
    14951.0%
    Listings as % of Homes2.3%51.0%
    Days on Market
    5141.0%
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    Demographics — Crozet, VA

    As of the latest ACS Survey released in 2023, Crozet, VA has a population of 9,180, which has increased by 17.8% over the past 5 years. Crozet, VA is a popular place for families, as children make up 27.1% of the population. The area has a highly educated workforce, with 68.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    9,18017.8%
    % Under 18
    27.1%-0.4%
    % Seniors
    18.7%18.4%
    % WFH
    27.3%78.4%
    % w/ College Degree
    68.7%15.5%
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    As of the latest ACS Survey released in 2023, Crozet, VA is a predominantly white area, with 88.8% of the population identifying as white. The white population has grown by 1.8% in the last 5 years. The second most common race or ethnicity in Crozet, VA is hispanic, making up 3.4% of the population. Foreign-born residents account for 5.6% of the population in Crozet, VA, and this percentage has decreased by 5.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    88.8%1.8%
    % Black
    2.0%-58.3%
    % Hispanic
    3.4%6.2%
    % Asian
    2.8%-20.0%
    % Foreign Born
    5.6%-5.1%
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    Mortgage and Risk — Crozet, VA

    According to HUD data as of 2023, there were 400 mortgage originations in Crozet, VA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Crozet, VA. Investor activity is low, as 4.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    400
    % Conventional Loans
    87.0%
    % Government Loans
    13.0%
    % Investor Loans
    4.0%
    % Second Loans
    2.0%
    % Cash Out Refinance
    6.0%
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    Rentals and Section 8 — Crozet, VA

    As of 2024, the percent of homes in Crozet, VA under the Section 8 program is 10.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Crozet, VA, because HUD payments exceed market rent, while 3-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    78
    Total Units Section 8
    78
    % Rentals under Section 8
    10.4%
    % Occupied Section 8
    89.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$50$1,700$1,750
    2 Bedroom$40$2,000$2,040
    3 Bedroom-$80$2,620$2,540
    4 Bedroom$290$2,800$3,090

    Affordability — Crozet, VA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.8
    Median Home Price$610,000
    Median Household Income$115,000

    Crozet, VA — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    22940

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    Frequently Asked Questions