The housing market in 22701 Culpeper, VA is thriving. The median value of a house in this area is $369,300, significantly higher than the US House Median Value of $338,100. Additionally, the 1-year appreciation rate of a house in 22701 Culpeper, VA is 9.06%, which is greater than the national average of 8.27%. These factors indicate that there is a strong demand for housing in this area and it may be a good investment for potential home buyers.
The median home cost in Culpeper (zip 22701) is $369,300. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Culpeper (zip 22701) is up 15.4%.
Average Age of Homes
- The median age of Culpeper (zip 22701) real estate is 30 years old
The Rental Market in Culpeper (zip 22701)
- Renters make up 29.9% of the Culpeper (zip 22701) population
- 0.9% of houses and apartments in Culpeper (zip 22701), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.