Home Values

Culpeper Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$221,500

  • 23.7% 1-year change
  • None 1-year forecast

The median home value in Culpeper is $221,500. Culpeper home values have gone up 23.7% over the past year. The median list price per square foot in Culpeper is $132, which is lower than the Culpeper Metro average of $136. The median price of homes currently listed in Culpeper is $269,900 while the median price of homes that sold is $229,062. The median rent price in Culpeper is $1,195.

Foreclosures will be a factor impacting home values in the next several years. In Culpeper 4.0 homes are foreclosed (per 10,000). This is lower than the national value of 4.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Culpeper is 4.4%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Culpeper homeowners underwater on their mortgage is 22.8%.

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Relative ZHVI
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Culpeper Market Overview

Data through Oct 31, 2014
  • $221,500 ZHVI
  • No data 1-yr forecast
  • $269,900 Median listing price
  • $229,062 Median sale price
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Culpeper Market Health

Data through Oct 31, 2014
  • 7.3/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 22.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.4% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

4 homes Culpeper
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Jeffersonton $344,900
Boston $257,800
Rixeyville $246,900
Name Median ZHVI
Reva $222,100
Remington $211,300
Rapidan $194,500
Name Median ZHVI
Rhoadesville $169,100
Unionville $166,800
Orange $148,500

Listings & Sales

Data through Oct 31, 2014
  • $132 Median list price / sq ft
  • $121 Median sale price / sq ft
  • 34.7% Listings with price cut
16.8%
Sold below listing
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Culpeper Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,344 Culpeper
    $1,367 Culpeper Metro
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,195 Rent list price
  • No data Rent list price / sq ft
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