Free Union: Housing & Real Estate
The median Free Union home is valued at $1,527,400 (estimated market value runs 15% higher at $1,756,824), with median rent $-666,666,666. Homeownership rate: 100.0%. That's 3.1× higher than the Albemarle County median ($495,400); 4.0× higher than the Virginia median ($383,700). Market is warm. A municipal building code is in effect.
- -0.0× annual income — home value vs. household income (vs Virginia 4.1×).
- 4-BR rent is 1.9× a studio — rent gradient by unit size.
Home Values & Rent
Median home value $1,527,400 — 4.0× the Virginia median ($382,500). Median rent $-666,666,666/month. homeownership rate 100.0% — above the U.S. share of ~65%.
| Fair Market Rent · Studio rent | $1,421 (vs Virginia $1,492) |
|---|---|
| Fair Market Rent · One-bedroom rent | $1,602 (vs Virginia $1,512) |
| Fair Market Rent · Two-bedroom rent | $1,824 (vs Virginia $1,713) |
| Fair Market Rent · Three-bedroom rent | $2,218 (vs Virginia $2,376) |
| Fair Market Rent · Four-bedroom rent | $2,731 (vs Virginia $2,797) |
| Fair Market Rent · HUD FMR area | Charlottesville, VA MSA |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $1,756,824 |
| Median Home Value | $1,527,400 (vs Virginia $382,500) |
| Median Rent | $-666,666,666 (vs Virginia $1,714) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Price Appreciation 2Yr | 20.7% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (1)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Virginia median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Virginia median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Virginia median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 10.4% (vs Virginia 49.4%) |
| Broadband · Broadband-capable premises | 125 |
| Electricity · Electricity rate (¢/kWh) | 14.41¢/kWh |
| Electricity · Customers | 3654481 |
| Electricity · Revenue Millions | $6,524 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 0.907407407 (vs Virginia 100.0%) |
| Mobile Broadband · 5G mobile coverage | 0.092592593 (vs Virginia 100.0%) |
| Mobile Home Parks Detail · County total | 1 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 100.0% (vs Virginia 64.4%) |
|---|---|
| Median Year Built | 2001 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12