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Rent To Own Homes in Brownfield, TX 79316

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Brownfield, TX Foreclosures

How much do homes sell for in Brownfield, TX?
The average home price is currently $130,787.
In Brownfield, TX, how many homes are available?
There are currently 3 active home listings available in Brownfield.
What’s the average rental cost in Brownfield, TX?
The average rental price in Brownfield is $1,061.
What is the most expensive home in Brownfield?
The most expensive home sold in Brownfield had a price of $1,860,800.
What is currently the cheapest priced home in Brownfield, TX?
The cheapest home for sale in Brownfield is priced at $14,428.

Living in Brownfield, TX

Brownfield, Texas is a charming small town in the heart of the Texas Panhandle known for its warm community spirit and rich agricultural roots. With a range of local amenities and recreational opportunities, residents enjoy a laid-back lifestyle while staying connected to nearby urban conveniences in Lubbock. Brownfield's strong educational institutions and vibrant local culture make it an appealing place to call home.

Current Market Conditions in Brownfield, TX

The Brownfield real estate market has been growing steadily, with increasing demand for single-family homes reflecting the town's appeal to families and retirees. The current average home price is affordable compared to nearby urban areas, making it an attractive option for buyers looking for value. Despite its small size, Brownfield offers a variety of housing options, catering to various budgets.

As of late 2023, the real estate market in Brownfield has remained stable, with a balance between supply and demand. Homes are selling at a reasonable pace, and the town's population growth is contributing to an increase in property values. The market trends indicate a positive outlook, with construction of new homes and developments occurring to accommodate the growing interest.

Home Value Estimator For Brownfield, TX

There are currently 3,605 real estate properties in Brownfield, TX, with a median automated valuation model (AVM) price of $102,272.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Brownfield, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Brownfield, TX, is $130,787.00, with the most expensive house in Brownfield, TX, topping out at $1,860,800.00 and the cheapest home in Brownfield, TX, clocking in at $14,428.00. In other words, there’s something for every potential homebuyer or savvy investor in Brownfield, TX!

Rent Prices In Brownfield, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Brownfield, TX, is on a rollercoaster ride. The average rent price in Brownfield, TX, is $1,061.00. Indeed, when looking to rent in Brownfield, TX, you can expect to pay as little as $570.00 or as much as $2,020.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Brownfield, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Brownfield, TX 79316 Rent To Own Homes


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