$8,014 Closing Credit*
$674,900
2,459 SqFt
4 Beds
•2 Full Baths, 1 Partial
Philip L Thornton IV, Listing Office: Long & Foster Real Estate, Inc.
Is Culpeper County, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
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.
Housing Prices in Culpeper County, VA
How much do homes in Culpeper County, VA cost?
Median Sold Price
$478,500
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,222(+7.7%)
Key Takeaway
Homes in Culpeper County have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Culpeper County was $478,500 in November 2024, up 7.7% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $350.5K | N/A |
| 2 Bedrooms | $270K | $284.6K | +5.4% |
| 3 Bedrooms | $398K | $425K | +6.8% |
| 4 Bedrooms | $500K | $535K | +7.0% |
| 5+ Bedrooms | $565K | $567.5K | 0.4% |
Summary: Culpeper County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 0.4%.
Median Sold Price Compared To Nearby Counties
| Madison County | $385K | $443.2K | +15.1% |
| Culpeper County | $444.2K | $478.5K | +7.7% |
| Fauquier County | $560K | $599.6K | +7.1% |
| Rappahannock County | $515K | $550K | +6.8% |
| Orange County | $397.2K | $420K | +5.7% |
Housing Supply in Culpeper County, VA
How many homes are available in Culpeper County, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 261 | 233 | -10.7% |
Summary: The Culpeper County real estate market had 233 homes for sale in November 2024, a 10.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 13 | -27.8% |
| 3 Bedrooms | 116 | 113 | -2.6% |
| 4 Bedrooms | 100 | 80 | -20.0% |
| 5+ Bedrooms | 27 | 27 | 0.0% |
Summary: The Culpeper County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 27.8%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 75 | 46 | -38.7% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Culpeper County, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.
Summary: A total of 46 homes were sold or pending in Culpeper County in November 2024, down by 38.7% month-over-month. Of the 46 sold homes, 43% were sold under asking, 30% were sold at asking, and 26% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 40 Days | +68.9% |
Summary: Homes in Culpeper County had an average of 40 days on market in Nov 2024, up by 68.9% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Culpeper County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 46 homes were sold in Culpeper County; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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