Why Live in Jefferson Park Avenue
Jefferson Park Avenue in Charlottesville is a neighborhood defined by its proximity to the University of Virginia, making it ideal for those who prefer walking or biking to work or study. The area is undergoing significant changes due to a recent zoning ordinance aimed at increasing housing density, with older homes being replaced by multi-story buildings. This transformation is still in progress, but it promises to reshape the neighborhood's landscape. Residents have access to a variety of dining options, including Pi Napo for wood-fired pizza, Durty Nelli’s Pub & Deli for sandwiches and live music, Yuan Ho for Chinese takeout, and Guadalajara Mexico for Mexican cuisine. Wayside Takeout & Catering is a local favorite for Southern fried chicken. The neighborhood also features the Rivanna Trail, an "urban wilderness" path that connects various residential areas, and the Ragged Mountain Nature Area, located about 2 miles west, offering hiking trails around a reservoir. Housing options range from Cape Cods and brick ranch-style homes to condo units in the 1800 JPA complex and larger investment properties like six-bedroom duplexes. Jefferson Park Avenue is a culturally diverse and quiet area with highly rated schools, including Charlottesville High, which boasts the Martin Luther King Jr. Performing Arts Center. The neighborhood's namesake avenue is a key route for drivers, connecting to Interstate 64 and U.S. Route 29, leading to the Barracks Road Shopping Center with its variety of stores and eateries. The crime rate in Jefferson Park Avenue is lower than the national average, adding to its appeal for potential residents.
Frequently Asked Questions
Is Jefferson Park Avenue a good place to live?
Jefferson Park Avenue is a good place to live. Jefferson Park Avenue is considered somewhat walkable and bikeable with some transit options. It is very dense in population with 26.5 people per acre and a median age of 25. The average household income is $55,053 which is below the national average. College graduates make up 67.9% of residents. A majority of residents in Jefferson Park Avenue are renters, with 92.4% of residents renting and 7.6% of residents owning their home. A
local real estate agent serving Jefferson Park Avenue can help you decide if this neighborhood is the right one for you. Learn more on our
Jefferson Park Avenue neighborhood guide.
How much do you need to make to afford a house in Jefferson Park Avenue?
The median home price in Jefferson Park Avenue is $322,500. If you put a 20% down payment of $64,500 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,640 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $70K a year to afford the median home price in Jefferson Park Avenue. The average household income in Jefferson Park Avenue is $55K.
What are the best public schools in Jefferson Park Avenue?
The best public schools that serve Jefferson Park Avenue are:
What are the best private schools in Jefferson Park Avenue?
The best private schools that serve Jefferson Park Avenue are:
- Renaissance School has an A+ Niche grade, a student teacher ratio of 6:1 and an average review score of 4.3.
- St. Anne's - Belfield School has an A+ Niche grade, a student teacher ratio of 8:1 and an average review score of 4.2.
- The Covenant School has an A- Niche grade, a student teacher ratio of 8:1 and an average review score of 3.8.
What are the most popular zip codes in Jefferson Park Avenue, Charlottesville, VA?
What are the most popular neighborhoods near Jefferson Park Avenue, Charlottesville, VA?
Home Trends in Jefferson Park Avenue, VA
On average, homes in Jefferson Park Avenue, Charlottesville sell after 35 days on the market compared to the national average of 52 days. The median sale price for homes in Jefferson Park Avenue, Charlottesville over the last 12 months is $315,000, down 18% from the median home sale price over the previous 12 months.
Median Sale Price
$315,000
Median Single Family Sale Price
$456,250
Median Townhouse Sale Price
$400,000
Median 2 Bedroom Sale Price
$294,000
Median 1 Bedroom Sale Price
$259,900
Average Price Per Sq Ft
$366
Number of Homes for Sale
5
Last 12 months Home Sales
58
Median List Price
$322,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-18%