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.