Culpeper County, Virginia Housing Market

In Culpeper County, Virginia, the median home value is $409,200, with a median monthly rent of $1,423. This places Culpeper County at #270 nationally out of 3134 counties by median home value, and #22 within Virginia.

Median Home Value $409,200
Median Rent $1,423/mo
Owner Occupancy 75.0%
Price/Rent Ratio 24.0

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Culpeper County rose +6.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

12,894
jobs (private sector)
  • Avg weekly wage: $1,083
  • Establishments: 1,445
  • BLS QCEW, 2025
🏗️

Housing Supply

366
new units authorized (2025)
  • Single-family: 366
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1317
net migration (filers, 2021-2022)
  • Inflow: 21,261 (avg $83,853)
  • Outflow: 19,944 (avg $84,120)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 8 active ZIP codes in Culpeper County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 22734 374.2 +10.26% 2025
2 22724 251.4 +6.86% 2025
3 22737 285.1 +6.42% 2025
4 20186 298.0 +5.16% 2025
5 20106 278.1 +8.06% 2025
6 22701 288.8 +5.25% 2025
7 22407 305.1 +0.62% 2025
8 22713 283.6 — 2024

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Culpeper County Compares

MetricCulpeper CountyVirginia AverageU.S. Average
Median Home Value $409,200 $295,807 $227,706
Median Gross Rent $1,423 $1,169 $968
Owner Occupancy Rate 75.0% 70.8% 73.3%
Price/Rent Ratio 24.0 20.3 18.7

Market Analysis

The median home value in Culpeper County is 38.3% above the Virginia state average and 79.7% above the U.S. national average. The median rent of $1,423/month is 21.7% above the state average.

With a price-to-rent ratio of 24.0, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Culpeper County has an owner-occupancy rate of 75.0%, compared to 70.8% in Virginia and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Walla Walla County Washington $408,900 $1,218
Talbot County Maryland $409,700 $1,256
Jefferson County Idaho $408,400 $1,138
Boundary County Idaho $410,500 $877
Benton County Washington $407,800 $1,306

Other Counties in Virginia

CountyMedian Home ValueMedian RentOwner Occ.
Spotsylvania County $404,900 $1,779 80.1%
Powhatan County $416,000 $1,168 93.2%
Hanover County $400,400 $1,591 82.1%
Poquoson city $400,300 $1,707 84.6%
Manassas Park city $395,900 $2,146 66.5%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).