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Short Sale Listings in Brightwood, VA 22715

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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 is a small, tight-knit community known for its natural beauty and serene environment. Surrounded by the Blue Ridge Mountains, it provides ample opportunities for outdoor activities such as hiking and biking. Residents appreciate the slower pace of life and the close community ties that characterize this charming area.

Current Market Conditions in Brightwood, VA

The real estate market in Brightwood has been experiencing steady growth, driven by increasing demand for rural properties. Many buyers are looking for homes that offer a retreat from urban living, and Brightwood's appealing landscapes and outdoor options make it an attractive choice. The market is currently favoring sellers, with homes selling quickly and often above asking price.

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.

Brightwood, VA 22715 Short Sale Listings

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