Is Culpeper County, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Culpeper County is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Culpeper County has remained a Seller's Market.

Key Takeaway

Culpeper County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Culpeper County, VA cost?

Median Sold Price

$410,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$10,000(+2.5%)

Key Takeaway

Homes in Culpeper County have sold for 2.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $299.9K$300K
0.0%
2 $225K$253K
+12.4%
3 $350K$355K
+1.4%
4 $460K$470K
+2.2%
5+ $500K$500.5K
0.1%

Median Sold Price Compared To Nearby Counties

Fauquier County
+7.1%
Madison County
+6.0%
Orange County
+5.2%
Culpeper County
+2.5%
Rappahannock County
-2.4%

How many homes are available in Culpeper County, VA?

Number of Homes For Sale

Oct 2022Nov 2022%
260238-8.5%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 20
-100.0%
2 1011
+10.0%
3 146125
-14.4%
4 7373
0.0%
5+ 2929
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
5666+17.9%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Culpeper County, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
30 Days30 Days-1.3%

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Culpeper County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Culpeper County, VA

Number of homes for sale in Culpeper County, VA real estate market have reached 238. Between October 2022 and November 2022, Culpeper County, VA real estate market has seen decrease in the number of listings by 8.5%. The median list price of listings available in November 2022 was $410,000, while the average time on the real estate market was 30 days. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties remained the same, prices of 2 bedrooms properties increased by 12.4%, 3 bedrooms properties became 1.4% more expensive, the cost of 4 bedrooms properties went up by 2.2%, prices of 5 bedrooms properties went up by 0.1%. This housing market inventory have changed: 1 bedroom homes became 100% less available, 2 bedrooms homes inventory increased by 10%, 3 bedrooms homes became 14.4% less available, volume of 4 bedrooms homes stayed the same, number of 5 bedrooms homes remained the same. While more than 19 listings in Culpeper County, VA in November 2022 were sold above asking price, there were more than 17 listings sold at asking price, and more than 30 were sold below.

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