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Foreclosure Homes in Brighton, TN

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Brighton, TN Foreclosures

How much do homes sell for in Brighton, TN?
The average home price is currently $256,670.
In Brighton, TN, how many homes are available?
There are currently 25 active home listings available in Brighton.
What’s the average rental cost in Brighton, TN?
The average rental price in Brighton is $1,168.
What is the most expensive home in Brighton?
The most expensive home sold in Brighton had a price of $2,187,900.
What is currently the cheapest priced home in Brighton, TN?
The cheapest home for sale in Brighton is priced at $12,125.

Living in Brighton, TN

Brighton, TN, is a tranquil small town known for its friendly community and proximity to Memphis. Residents enjoy a mix of rural charm and modern conveniences, with local parks and quality schools. It's an ideal location for families seeking a peaceful lifestyle while being close to urban amenities.

Current Market Conditions in Brighton, TN

The real estate market in Brighton, TN, has shown steady growth, with an increase in property values as more people seek the peace of suburban life away from Memphis. Investors can find good opportunities as the area continues to develop.

Housing inventory is relatively low, leading to competitive offers on homes. This signifies a strong demand which is beneficial for investors looking to capitalize on the area's growth potential.

Home Value Estimator For Brighton, TN

There are currently 3,524 real estate properties in Brighton, TN, with a median automated valuation model (AVM) price of $240,492.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Brighton, TN, 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 Brighton, TN, is $256,670.00, with the most expensive house in Brighton, TN, topping out at $2,187,900.00 and the cheapest home in Brighton, TN, clocking in at $12,125.00. In other words, there’s something for every potential homebuyer or savvy investor in Brighton, TN!

Rent Prices In Brighton, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Brighton, TN, is on a rollercoaster ride. The average rent price in Brighton, TN, is $1,168.00. Indeed, when looking to rent in Brighton, TN, you can expect to pay as little as $510.00 or as much as $2,860.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Brighton, TN -- 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.

Brighton, TN Foreclosures

Market Trend for Brighton, TN

Total Listings Available: 25

Market Values:

Home Prices from $12,125 to $2,187,900

Average Sales Price: $256,670

Rental Values:

Rental from $510 to $2,860

Average Rent Value: $1,168 / month

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