Hollymead

Hollymead

Located in Albemarle County

$520,474 Average Value
$242 Average Price per Sq Ft
42 Homes For Sale

A growing suburban city with a big retail center, just 10 miles from downtown Charlottesville

Hollymead fulfills a growing demand for North Charlottesville getaways, as neighborhoods closer to downtown become associated with rising costs and lower inventory. This city of nearly 9,000 people provides a suburban experience but it’s less than a 10-mile drive to the University of Virginia, thanks to U.S. Route 29. Plus, Hollymead fashions itself as economically self-sufficient. Offices for the Defense Intelligence Agency, a major local employer, are located on the north side. In addition, Hollymead Town Center serves as a big retail destination.

Hollymead is also a city in the midst of change, appealing to those who want newer housing compared to more historic homes in Charlottesville proper. “You’re seeing new development around Polo Grounds Road,” says Benjamin Reeves, CEO of The Titan Team, referring to Hollymead’s southernmost border. Not that the city lacks a sense of roots. “The Forest Lakes subdivision was a major player in bringing new construction to the area, as a planned community with amenities,” says Lori Meistrell, associate broker with Nest Realty. Established developments can bring sought after lifestyle amenities, like pools, social clubs and garden plots – even a cohesive aesthetic. “Forest Lakes has the area’s largest HOA,” says Matthias John, a Realtor with Wiley Properties.

Many Hollymead residents are employed by the Defense Intelligence Agency.
Many Hollymead residents are employed by the Defense Intelligence Agency.
Hollymead is a City in the midst of change, appealing to those who want newer housing compared to more historic homes in Charlottesville.
Hollymead is a City in the midst of change, appealing to those who want newer housing compared to more historic homes in Charlottesville.
1/2

Colonial influenced townhouses and Craftsman influenced single-family homes

Some of the newer housing that’s hitting the market is enticing to first-time homebuyers, Realtors say. “A common style that you’ll see here is a new-construction townhouse in the mid- to upper $300,000s,” says Reeves. “But when it comes to a detached single-family homes, these are closer to $500,000. They’re usually two stories, some with a basement, some without, averaging three bedrooms. They’re new construction, too, so the design is an open floor plan.” Properties in Hollymead tend to be colonial inspired or Craftsman influenced. For those who want more land or space, luxury options are available. “These can be very large homes that are 3,500 square feet or bigger, and sit on an acre of property or more,” says Reeves. Overall, prices range from the mid $300,000s to $900,000. The local median is around $520,000 and the national median is closer to $420,000.

Modern Colonial influenced townhomes are plentiful for growing families in Hollymead.
Modern Colonial influenced townhomes are plentiful for growing families in Hollymead.
Hollymead’s craftsman style homes combine detailed woodwork with updated living features.
Hollymead’s craftsman style homes combine detailed woodwork with updated living features.
1/2

STEM studies at Albemarle High

Albemarle County Public Schools are highly regarded, scoring an A from Niche. Nearly 14,000 students are in attendance. The A-rated Albemarle High is the largest school in the district, known for offering MESA, which stands for the Math, Engineering and Science Academy. Each year, nearly 100 students are invited to participate in this accelerated learning environment, which includes opportunities to enter competitions. The University of Virginia, founded by Thomas Jefferson in 1819, has nearly 26,000 students. The school has become known for its law and graduate literature programs, but in recent years the name has also become associated with its network of health care facilities.

Albemarle High School is an A rated school according to Niche, known for offering MESA.
Albemarle High School is an A rated school according to Niche, known for offering MESA.
The University of Virginia, founded by Thomas Jefferson in 1819, has nearly 26,000 students.
The University of Virginia, founded by Thomas Jefferson in 1819, has nearly 26,000 students.
1/2

Dog-friendly Chris Greene Lake Park

While some subdivisions such as Forest Lakes have recreation amenities like a fitness center and athletic fields, most residents will go to the city’s northern tip for a public park experience. “Chris Greene Lake Park is full of things to do,” says Reeves. “It has a public beach with boat ramps, or you can go fishing. There are miles of hiking trails and picnic facilities. There’s also a large dog park with a fenced-in area and access to the lake – which is great if you have a dog that enjoys swimming.”

The dog park at Chris Greene Lake Park near Hollymead is perfect for playful pups.
The dog park at Chris Greene Lake Park near Hollymead is perfect for playful pups.
The beach at Chris Greene Lake Park offers Hollymead locals a spot for sunbathing and swimming.
The beach at Chris Greene Lake Park offers Hollymead locals a spot for sunbathing and swimming.
1/2

Hollymead's casual dining scene

Hollymead is bordered to the south by Rio, a neighborhood already known for being rich with retail centers, including Charlottesville Fashion Square and Albemarle Square. But the city has its own shopping and dining opportunities along Route 29. Whether the outing involves running errands or deciding where to eat for the night, Hollymead Town Center is a top choice. Visitors can stop at big-box stores like Target and Harris Teeter, or swing by fast casual places like Starbucks and Five Guys. Dining experiences are largely focused on the grill and taphouse genre. Bonefish Grill takes a seafood approach to this genre, while Sakura streamlines the concept with Japanese aesthetics. Timberwood Grill is more of an all-American tavern with burgers and fries. It also offers outdoor seating.

Hollymead Town Center provides a bustling hub for shopping, dining, and local events.
Hollymead Town Center provides a bustling hub for shopping, dining, and local events.
Timberwood Grill near Hollymead offers a great selection of hearty meals and a cozy environment.
Timberwood Grill near Hollymead offers a great selection of hearty meals and a cozy environment.
1/2

Route 29 is a retail strip and commuter corridor

Route 29 carves through the middle of town, and residential streets feed into it. This pathway serves as both a retail strip and a commuter corridor. “If you work anywhere downtown, it’s a convenient straight drive down Route 29, but also your groceries and entertainment are just a couple minutes away, so you don’t have to commute into the city for those needs,” says Reeves. No buses connect with this portion of 29. However, the city’s west end is anchored by Charlottesville-Albemarle Airport, offering non-stop flights to five major cities. Also, some subdivisions accommodate alternative transportation: for example, there are miles of trails in Forest Lakes.

Crime lower than state and national averages

Hollymead is part of Albemarle County, which saw a 4% increase in violent crime from 2022 to 2023, according to data provided to the FBI. Property crime increased about 1%. Crime rates here, though, are generally lower than state and national averages.

Paul Spencer
Written By
Paul Spencer
Tyson Le
Photography Contributed By
Tyson Le
Brandon Flash Craigie
Video By
Brandon Flash Craigie

Interested in learning more about homes in this area? Reach out to Saso Morabito, an experienced agent in this area.

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Hollymead Housing Trends

Housing Trends

Median List Price
$575,000
Median Sale Price
$529,945
Median Single Family Sale Price
$725,000
Median Townhouse Sale Price
$464,310
Median Change From 1st List Price
0%
Last 12 months Home Sales
255
Median Home Sale Price YoY Change
$6
Average Price Per Sq Ft
$242

Neighborhood Facts

Number of Homes for Sale
42
Months of Supply
2.00

Open Houses

  • Sunday, Jun 15
    1 - 3pm

    1942 Lois Ln, Charlottesville, VA 22911

    $469,900

    • 3 Beds
    • 4 Baths
    • 2,267 Sq Ft
    • 1942 Lois Ln
    • New 11 days ago

    EXCEPTIONAL VALUE for an almost-new townhome conveniently located in the popular community of Timberwood Square at Forest Lakes.The 3 BR, almost 2,300 sq ft. home w/ LARGE YARD is comfortable, well-designed and energy efficient. Dazzling kitchen at the heart of main level offers function and style with an oversized island, granite counters, upgraded appliances & crystal pendant lights. Spacious

    Agent Photo
    Kristin Cummings Streed
    LORING WOODRIFF REAL ESTATE ASSOCIATES
    (434) 478-3349
  • Sunday, Jun 15
    12 - 4pm

    1365 Laconia Ln, Charlottesville, VA 22911

    $689,943

    • 3 Beds
    • 2.5 Baths
    • 2,133 Sq Ft
    • 1365 Laconia Ln
    • New 13 days ago

    Located in The Grove at Brookhill, this end-unit Bayberry villa offers low-maintenance living with easy access to Route 29 North in Charlottesville. The main level features a spacious primary suite with a private bath and walk-in closet, along with an open-concept layout that connects the kitchen, dining, and living areas. The kitchen includes a walk-in pantry, soft-close cabinets, and quartz

    Amanda LeMon NEST REALTY GROUP

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Hollymead Has More Owners

Demographics

Total Population
9,025
Median Age
40
Population under 18
26.1%
On par with the national average
23.8%
Population over 65
17.8%
On par with the national average
19.1%

Finances

Median Household Income
$120,846
Significantly above the national average
$71,702
Average Household Income
$131,073

Education and Workforce

High School Graduates
94.8%
College Graduates
54.3%
Above the national average
34.1%
Advanced Degrees
23.9%
Above the national average
13.3%
% Population in Labor Force
71.3%

Weather

Annual Precipitation
49''
Average Winter Low Temperature
28°F
Average Summer High Temperature
87°F
Annual Snowfall
0''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Hollymead
Saso Morabito
COWAN REALTY