Brightwood, VA Foreclosures
How much do homes sell for in Brightwood, VA?
The average home price is currently $406,642.
In Brightwood, VA, how many homes are available?
There are currently 1 active home listings available in Brightwood.
What’s the average rental cost in Brightwood, VA?
The average rental price in Brightwood is $1,555.
What is the most expensive home in Brightwood?
The most expensive home sold in Brightwood had a price of $1,872,671.
What is currently the cheapest priced home in Brightwood, VA?
The cheapest home for sale in Brightwood is priced at $40,464.
Living in Brightwood, VA
Brightwood, Virginia offers a charming rural lifestyle surrounded by beautiful landscapes and a tight-knit community. Ideal for those who enjoy outdoor activities and a slower pace, this location is close enough to urban amenities for convenient living.
Current Market Conditions in Brightwood, VA
The real estate market in Brightwood, VA, has shown steady growth as more buyers seek peaceful, rural homes. The community's mounting appeal can be attributed to its natural beauty, outdoor activities, and community-oriented lifestyle. Buyers are drawn to properties that combine rustic charm with modern conveniences, creating a competitive market for available homes.
Inventory levels have been low, resulting in increased home prices as demand continues to outstrip supply. Properties with acreage and stunning views are particularly sought after, influencing regional pricing trends.
Home Value Estimator For Brightwood, VA
There are currently 395 real estate properties
in Brightwood, VA,
with a median automated valuation model (AVM) price
of $366,251.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Brightwood, 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 Brightwood, VA,
is $406,642.00, with the most expensive house
in Brightwood, VA, topping out
at $1,872,671.00 and the cheapest home
in Brightwood, VA,
clocking in at $40,464.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Brightwood, VA!
Rent Prices
In Brightwood, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Brightwood, VA, is on
a rollercoaster ride. The
average rent price in Brightwood, VA,
is $1,555.00. Indeed, when looking to rent in
Brightwood, VA, you can expect to pay as little
as $760.00 or as much
as $3,640.00,
with the average rent median estimated to
be $1,480.00. The good news is that finding
an affordable and desirable property to rent in Brightwood, 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.