Bracey, VA Foreclosures
How much do homes sell for in Bracey, VA?
The average home price is currently $346,438.
In Bracey, VA, how many homes are available?
There are currently 5 active home listings available in Bracey.
What’s the average rental cost in Bracey, VA?
The average rental price in Bracey is $1,006.
What is the most expensive home in Bracey?
The most expensive home sold in Bracey had a price of $2,788,302.
What is currently the cheapest priced home in Bracey, VA?
The cheapest home for sale in Bracey is priced at $10,042.
Living in Bracey, VA
Bracey is a small, serene community nestled in the heart of Virginia. Its picturesque setting, complete with access to Lake Gaston, makes it a popular spot for outdoor enthusiasts and families seeking a quiet lifestyle. The community offers a friendly atmosphere along with essential amenities, contributing to its charm.
Current Market Conditions in Bracey, VA
The real estate market in Bracey, VA, has seen a steady increase in demand, particularly due to its attractive waterfront properties and the growing interest in vacation homes. Buyers are increasingly drawn to the area's serene environment and recreational activities, pushing home values upward. While the market remains competitive, the available inventory includes a mix of waterfront homes and affordable options, appealing to diverse buyers including families and retirees.
As of late 2023, properties in Bracey have been selling relatively quickly, indicating a strong buyer interest. The continued appreciation in property values reflects the area's ongoing popularity, particularly with those looking for second homes or investment opportunities. The proximity to Lake Gaston has significantly impacted property sales, leading to a vibrant market landscape.
Home Value Estimator For Bracey, VA
There are currently 2,054 real estate properties
in Bracey, VA,
with a median automated valuation model (AVM) price
of $232,274.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bracey, VA, 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 Bracey, VA,
is $346,438.00, with the most expensive house
in Bracey, VA, topping out
at $2,788,302.00 and the cheapest home
in Bracey, VA,
clocking in at $10,042.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bracey, VA!
Rent Prices
In Bracey, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bracey, VA, is on
a rollercoaster ride. The
average rent price in Bracey, VA,
is $1,006.00. Indeed, when looking to rent in
Bracey, VA, you can expect to pay as little
as $650.00 or as much
as $2,060.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in Bracey, VA
-- 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.
Learn more on Foreclosure homes
