Culpeper, VA 22701 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Culpeper, VA—22701

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$438,000

3.1% YoY Growth

Household Income

$93,900

34.8% YoY Growth

Days on Market

39.0% Longer YoY

Home Price Forecast

0.1%

Median Rent

$1,650

6.9% YoY Growth

1-Bed Rent

$1,450

12.6% YoY Growth

2-Bed Rent

$1,450

2.0% YoY Growth

3-Bed Rent

$1,940

5.3% YoY Growth

Home Price Trends — Culpeper, VA

As of Nov '25, the median home price in Culpeper, VA is $438,000, with a year-over-year change of 3.1%. This indicates that home prices in Culpeper, VA are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$438,000	3.1%
Single Family	$440,000	3.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Culpeper, VA

As of July '25, Rentcast reports the average rent in Culpeper, VA is $1,880, with a year-over-year rent change of -6.9%. Per bedroom, the median rent as of July '25 in Culpeper, VA is studios: $1,600, 1-bedrooms: $1,460, 2-bedrooms: $1,500, 3-bedrooms: $1,960, 4-bedrooms: $2,780. The most common rental property sizes in Culpeper, VA are 3-bedroom and 2-bedroom, accounting for 41.6% and 39.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,650	$1,880
Studio Rent	$1,600	$1,600
1 Bed Rent	$1,450	$1,460
2 Bed Rent	$1,450	$1,500
3 Bed Rent	$1,940	$1,960
4 Bed Rent	$2,800	$2,780

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% of Rental Stock

Studio

1.9%

1 Bedroom

13.6%

2 Bedrooms

39.1%

3 Bedrooms

41.6%

4 Bedrooms

3.0%

5+ Bedrooms

0.8%

Property Listings — Culpeper, VA

As of Nov '25, Realtor.com reports that the median days on market for a home in Culpeper, VA is 51. This is a increase of 39.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$573,000	3.0%
Listing Count	153	59.0%
Listings as % of Homes	0.5%	59.0%
Days on Market	51	39.0%

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Demographics — Culpeper, VA

As of the latest ACS Survey released in 2023, Culpeper, VA has a population of 37,600, which has increased by 7.1% over the past 5 years. Culpeper, VA is a popular place for families, as children make up 27.1% of the population. The area has a moderately educated workforce, with 27.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	37,600	7.1%
% Under 18	27.1%	3.4%
% Seniors	15.1%	7.9%
% WFH	9.5%	187.9%
% w/ College Degree	27.3%	9.2%

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As of the latest ACS Survey released in 2023, Culpeper, VA is a predominantly white area, with 59.1% of the population identifying as white. The white population has shrunk by 11.9% in the last 5 years. The second most common race or ethnicity in Culpeper, VA is hispanic, making up 18.7% of the population. Foreign-born residents account for 12.4% of the population in Culpeper, VA, and this percentage has increased by 18.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	59.1%	-11.9%
% Black	15.4%	1.3%
% Hispanic	18.7%	43.8%
% Asian	1.6%	33.3%
% Foreign Born	12.4%	18.1%

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Mortgage and Risk — Culpeper, VA

According to HUD data as of 2023, there were 790 mortgage originations in Culpeper, VA, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Culpeper, VA. Investor activity is low, as 1.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	790
% Conventional Loans	69.0%
% Government Loans	31.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	18.0%

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Rentals and Section 8 — Culpeper, VA

As of 2024, the percent of homes in Culpeper, VA under the Section 8 program is 7.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Culpeper, VA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	316
Total Units Section 8	284
% Rentals under Section 8	7.2%
% Occupied Section 8	91.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$320	$1,450	$1,130
2 Bedroom	-$50	$1,450	$1,400
3 Bedroom	-$80	$1,940	$1,860
4 Bedroom	-$790	$2,800	$2,010

Culpeper, VA—22701

Key Metrics at a Glance

Home Price Trends — Culpeper, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Culpeper, VA

% of Rental Stock

Property Listings — Culpeper, VA

Demographics — Culpeper, VA

Race and Ethnicity

Mortgage and Risk — Culpeper, VA

Mortgages

Rentals and Section 8 — Culpeper, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Culpeper, VA

Home Price to Income Ratio

Culpeper, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Mitchells, VA

Rapidan, VA

Lagrange, VA

Brandy Station, VA

Rixeyville, VA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.1
Median Home Price	$438,000
Median Household Income	$93,900

Culpeper, VA—22701

Key Metrics at a Glance

Home Price Trends — Culpeper, VA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Culpeper, VA

% of Rental Stock

Property Listings — Culpeper, VA

Demographics — Culpeper, VA

Race and Ethnicity

Mortgage and Risk — Culpeper, VA

Mortgages

Rentals and Section 8 — Culpeper, VA

Section 8 Market Size

Section 8 Opportunity

Affordability — Culpeper, VA

Home Price to Income Ratio

Culpeper, VA — ZIP Code Boundary Map

Nearby ZIP Codes

Mitchells, VA

Rapidan, VA

Lagrange, VA

Brandy Station, VA

Rixeyville, VA

Frequently Asked Questions

What is the average home price in Culpeper, VA 22701?

How have home prices in Culpeper, VA 22701 changed over the past year?

What is the home price projection for Culpeper, VA 22701?

What are the demographics of Culpeper, VA 22701?

How long does it take homes to sell in Culpeper, VA 22701?

What is the average rent price in Culpeper, VA 22701?