Bristol, VA Foreclosures
How much do homes sell for in Bristol, VA?
The average home price is currently $283,514.
In Bristol, VA, how many homes are available?
There are currently 25 active home listings available in Bristol.
What’s the average rental cost in Bristol, VA?
The average rental price in Bristol is $966.
What is the most expensive home in Bristol?
The most expensive home sold in Bristol had a price of $38,393,128.
What is currently the cheapest priced home in Bristol, VA?
The cheapest home for sale in Bristol is priced at $10,340.
Living in Bristol, VA
Bristol, VA is a charming city nestled on the Virginia-Tennessee border, known for its historic ties to country music. The area boasts a vibrant community, excellent outdoor activities, and a variety of local amenities. Its strategic location near major highways enhances connectivity while preserving a small-town feel.
Current Market Conditions in Bristol, VA
Bristol's real estate market has been steadily improving over the past year, with a notable increase in home values and buyer interest. Affordable housing options, particularly for first-time buyers, remain available, but competition has intensified due to the limited inventory of homes on the market. Couple that with low interest rates, and you have a market that continues to attract new residents eager to make their home in Bristol.
Current trends reveal an uptick in both new construction and renovations to existing homes, signaling a healthy real estate environment. Prices have become more competitive, with homes selling faster than in previous years. Overall, the market is favorable for sellers while still providing reasonable opportunities for buyers.
Home Value Estimator For Bristol, VA
There are currently 12,740 real estate properties
in Bristol, VA,
with a median automated valuation model (AVM) price
of $216,034.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bristol, 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 Bristol, VA,
is $283,514.00, with the most expensive house
in Bristol, VA, topping out
at $38,393,128.00 and the cheapest home
in Bristol, VA,
clocking in at $10,340.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bristol, VA!
Rent Prices
In Bristol, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bristol, VA, is on
a rollercoaster ride. The
average rent price in Bristol, VA,
is $966.00. Indeed, when looking to rent in
Bristol, VA, you can expect to pay as little
as $440.00 or as much
as $2,580.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Bristol, 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
