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Foreclosures in Brownfield, TX 79316

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Living in Brownfield, TX

Brownfield, Texas, is a welcoming small town offering a relaxed lifestyle amidst friendly neighbors. With a strong focus on community, education, and various recreational activities, it's an ideal place for families and retirees alike. Proximity to Lubbock enhances its appeal with additional amenities and opportunities.

Current Market Conditions in Brownfield, TX

The real estate market in Brownfield is currently showing stability with ongoing demand for residential properties. The prices are affordable, attracting both first-time homebuyers and investors looking for rental opportunities. The community's appeal and strategic location contribute to a steady appreciation in property values.

Recent trends indicate an increase in interest in the Brownfield area, primarily due to its family-friendly environment and economic development initiatives. Investors can benefit from a balance between affordable entry points and potential for growth as the community continues to evolve.

Home Value Estimator For Brownfield, TX

There are currently 3,603 real estate properties in Brownfield, TX, with a median automated valuation model (AVM) price of $101,123.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Brownfield, TX, 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 Brownfield, TX, is $132,763.00, with the most expensive house in Brownfield, TX, topping out at $1,950,000.00 and the cheapest home in Brownfield, TX, clocking in at $14,428.00. In other words, there’s something for every potential homebuyer or savvy investor in Brownfield, TX!

Rent Prices In Brownfield, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Brownfield, TX, is on a rollercoaster ride. The average rent price in Brownfield, TX, is $1,061.00. Indeed, when looking to rent in Brownfield, TX, you can expect to pay as little as $570.00 or as much as $2,020.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Brownfield, TX -- 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.

Brownfield, TX 79316 Foreclosures


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