Bremo Bluff, VA—23123
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bremo Bluff, VA
Bremo Bluff, VA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $206,000 | -5.4% |
| Single Family | $205,000 | -5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bremo Bluff, VA
Bremo Bluff, VA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bremo Bluff, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Bremo Bluff, VA is 37. This is a increase of 36.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $314,000 | 18.0% |
Listing Count | 11 | 30.0% |
| Listings as % of Homes | 0.7% | 30.0% |
Days on Market | 37 | 36.0% |
Demographics — Bremo Bluff, VA
As of the latest ACS Survey released in 2023, Bremo Bluff, VA has a population of 1,930, which has increased by 3.2% over the past 5 years. Bremo Bluff, VA is a moderately popular place for families, as children make up 19.2% of the population. The area has a poorly educated workforce, with 2.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,930 | 3.2% |
% Under 18 | 19.2% | 30.6% |
% Seniors | 21.9% | -24.0% |
% WFH | 6.4% | ∞% |
% w/ College Degree | 2.4% | -83.6% |
As of the latest ACS Survey released in 2023, Bremo Bluff, VA is a predominantly white area, with 46.2% of the population identifying as white. The white population has shrunk by 10.8% in the last 5 years. The second most common race or ethnicity in Bremo Bluff, VA is black, making up 40.2% of the population. Foreign-born residents account for 1.7% of the population in Bremo Bluff, VA, and this percentage has increased by 240.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 46.2% | -10.8% |
% Black | 40.2% | -13.0% |
% Hispanic | 5.0% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.7% | 240.0% |
Mortgage and Risk — Bremo Bluff, VA
According to HUD data as of 2023, there were 40 mortgage originations in Bremo Bluff, VA, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Bremo Bluff, VA. Investor activity is low, as 0.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 40 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 0.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Bremo Bluff, VA
Bremo Bluff, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 27 |
Total Units Section 8 | 27 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $870 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,540 |
Affordability — Bremo Bluff, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $206,000 |
| Median Household Income | $65,300 |