Is Culpeper County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Culpeper County was a Neutral Market.
Housing Prices in Culpeper County, VA
How much do homes in Culpeper County, VA cost?
Median Sold Price
$450,133
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Culpeper County was $450,133 in April 2024, up 6.3% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $350.5K | +16.8% |
2 Bedrooms | $275K | $279.9K | +1.8% |
3 Bedrooms | $373.7K | $400.4K | +7.1% |
4 Bedrooms | $524.9K | $517.5K | -1.4% |
5+ Bedrooms | $520K | $549.9K | +5.8% |
Summary: Culpeper County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.8%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Counties
Fauquier County | $501.5K | $589.3K | +17.5% |
Orange County | $374K | $399.9K | +6.9% |
Culpeper County | $423.3K | $450.1K | +6.3% |
Madison County | $403K | $424.9K | +5.4% |
Rappahannock County | $695K | $515K | -25.9% |
Housing Supply in Culpeper County, VA
How many homes are available in Culpeper County, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
230 | 261 | +13.5% |
Summary: The Culpeper County real estate market had 261 homes for sale in April 2024, a 13.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 21 | 22 | +4.8% |
3 Bedrooms | 97 | 91 | -6.2% |
4 Bedrooms | 84 | 110 | +31.0% |
5+ Bedrooms | 26 | 37 | +42.3% |
Summary: The Culpeper County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes increased by 31%, and 5+ bedroom homes increased by 42.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
69 | 53 | -23.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 53 homes were sold or pending in Culpeper County in April 2024, down by 23.2% month-over-month. Of the 53 sold homes, 25% were sold under asking, 40% were sold at asking, and 36% were sold over asking.
Days on Market for Culpeper County, VA
How long does it take to sell a home in Culpeper County, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 45 Days | +52.6% |
Summary: Homes in Culpeper County had an average of 45 days on market in Apr 2024, up by 52.6% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 53 homes were sold in Culpeper County; 74% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.