Why Live in Rio
Rio, a neighborhood in Charlottesville, offers a diverse range of housing options, including townhouses, condos, and single-owner homes. Home styles vary from classic colonials and modern ranch-style homes to newer developments like Belvedere, featuring Craftsman signatures and bold color palettes. Despite the lack of local parks, residents can access McIntire Park, 3.5 miles away, which offers nature trails, mountain views, ballfields, and a skate park. Rio's proximity to shopping and dining is a significant feature, with Charlottesville Fashion Square and 29th Place Shopping Mall providing a variety of retail and dining options. The Northside Library area includes stores like Kroger and CVS, while Albemarle Shopping Mall features an ACAC fitness facility and an Aldi supermarket. Eateries range from Chinese and Mexican to Italian, with fast food and fast-casual options like Starbucks and Chick-fil-A. U.S. Route 29 runs through Rio, offering a 3-mile drive to the University of Virginia and a little over 100 miles to Washington. Public transportation is available along main roads such as Rio Road and Hillsdale Drive. The neighborhood is served by highly rated schools, including Journey Middle and Albemarle High, which offers specialized programs like the Math, Engineering, and Science Academy (MESA) and Advanced Placement courses in partnership with Piedmont Virginia Community College.
Home Trends in Rio, VA
On average, homes in Rio, Charlottesville sell after 103 days on the market compared to the national average of 52 days. The median sale price for homes in Rio, Charlottesville over the last 12 months is $384,589, down 3% from the median home sale price over the previous 12 months.
Median Sale Price
$384,589
Median Single Family Sale Price
$869,210
Median Townhouse Sale Price
$526,500
Median 2 Bedroom Sale Price
$285,000
Average Price Per Sq Ft
$233
Number of Homes for Sale
0
Last 12 months Home Sales
13
Median List Price
$384,589
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-3%