Bremo Bluff, VA Foreclosures
How much do homes sell for in Bremo Bluff, VA?
The average home price is currently $237,787.
In Bremo Bluff, VA, how many homes are available?
There are currently 2 active home listings available in Bremo Bluff.
What’s the average rental cost in Bremo Bluff, VA?
The average rental price in Bremo Bluff is $1,460.
What is the most expensive home in Bremo Bluff?
The most expensive home sold in Bremo Bluff had a price of $1,177,699.
What is currently the cheapest priced home in Bremo Bluff, VA?
The cheapest home for sale in Bremo Bluff is priced at $38,538.
Living in Bremo Bluff, VA
Bremo Bluff, VA, is a charming riverside community known for its picturesque landscapes and tranquil living conditions. It offers a range of outdoor activities and access to quality schools, making it ideal for families and retirees. With local amenities and beautiful riverfront properties, Bremo Bluff combines rural charm with convenient access to nearby urban areas.
Current Market Conditions in Bremo Bluff, VA
The current real estate market in Bremo Bluff, VA, is showing stable growth with increased interest from buyers looking for homes in serene locations. Home prices have been gradually rising, with many properties receiving multiple offers, indicating a healthy demand. The market's appeal is bolstered by the area's natural beauty and proximity to the James River, making it attractive for both permanent residents and vacation homeowners.
As of the past year, Bremo Bluff has seen a 12% increase in home values, driven by a combination of low inventory and a surge in interest for rural living following trends related to remote work. The number of homes sold has increased, signaling a robust market condition that suggests a continued upward trend in property values as more people seek solace away from bustling urban environments.
Home Value Estimator For Bremo Bluff, VA
There are currently 437 real estate properties
in Bremo Bluff, VA,
with a median automated valuation model (AVM) price
of $226,684.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bremo Bluff, 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 Bremo Bluff, VA,
is $237,787.00, with the most expensive house
in Bremo Bluff, VA, topping out
at $1,177,699.00 and the cheapest home
in Bremo Bluff, VA,
clocking in at $38,538.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bremo Bluff, VA!
Rent Prices
In Bremo Bluff, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bremo Bluff, VA, is on
a rollercoaster ride. The
average rent price in Bremo Bluff, VA,
is $1,460.00. Indeed, when looking to rent in
Bremo Bluff, VA, you can expect to pay as little
as $900.00 or as much
as $2,340.00,
with the average rent median estimated to
be $1,370.00. The good news is that finding
an affordable and desirable property to rent in Bremo Bluff, 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.