The story of this market
The typical home in ZIP 22701 sells for about $510,000, or $232 per square foot.
Prices are up +15.66% from a year ago, so sellers still have some momentum. Homes take about 39 days to sell. HUD's fair market rent for a two-bedroom is $1,409 a month.
ZIP 22701 — Culpeper
The 22701 housing market shows strong demand with a median listing price of $560,900 and significant year-over-year price appreciation of 15.66%. While inventory remains tight, the market is characterized by steady activity from buyers seeking value outside the immediate D.C. metro core. Rising rental prices further underscore the competitive nature of the local housing landscape.
This ZIP is well-suited for family buyers and commuters seeking more affordable housing options compared to the inner D.C. suburbs, while offering a small-town atmosphere.
Median prices moved up 15.7% year over year.
Homes spend a median of 39 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.4% · poverty 9.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 22701, Culpeper County VA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by Culpeper County Public Schools, which generally maintains a stable reputation within the regional context.
The region faces standard inland Virginia climate risks, including potential for localized flooding and severe weather events.
Culpeper serves as a growing exurban hub with a mix of local government, retail, and service-sector employment, benefiting from its position along major regional transit corridors.
Property taxes are assessed by the county at a rate of approximately 0.5%, reflecting local assessment regimes and exemptions for primary residences.
Residents typically face a significant commute toward the Northern Virginia and Washington D.C. employment cores, often utilizing U.S. Route 29.
The area features access to local parks, historic downtown Culpeper, and proximity to regional trails and outdoor recreation in the Blue Ridge foothills.
The rental market is experiencing significant upward pressure on pricing with moderate vacancy levels, driven by demand from commuters and local workers.
The local economy is anchored by government services, healthcare, and retail, with a growing influence from the broader Northern Virginia economic region.
The area is primarily served by U.S. Route 29 and Route 15, providing critical north-south connectivity to the D.C. metro area.
Development activity is focused on residential expansion and infrastructure improvements to support the growing commuter population.
The Culpeper County assessment office manages property valuations, typically reassessing periodically to reflect market conditions.
Parcels are subject to county-level property taxes and are served by the Culpeper County Public School district.
Property insurance premiums are influenced by regional hazard profiles, including standard coverage for wind and storm damage.
Data sourced from City-Data and Census Bureau profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Features a variety of local shops, restaurants, and historic architecture.
Provides local outdoor recreation and water access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.