Brightwood, VA

Full City Profile · Virginia · Madison County County

4.0 /5.0
A Great
1,436 Population 288/sq mi density
$90,208 Median Income $34,478 per capita
$300,000 Home Value $417,114 Zillow
54°F Avg Temperature
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.5 / 5.0
$90,208 median income, 3.7% unemployment
A+
Affordability
4.8 / 5.0
$300,000 home value, /mo rent
C+
Education
2.7 / 5.0
21.3% bachelor's degree or higher

Housing Overview

Median Home Value
$300,000
6% above
US avg: $281,900
Homeownership Rate
98.9%
51% above US avg (65.4%)
Total Housing Units
582
Median year built: 1960

Home Value by Source

Census Median
$300,000
Zillow (ZHVI)
$417,114
Redfin Median Sale
$479,900
Median Sale Price
$479,900
Median List Price
$1,500,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

98.9%
Owner-Occupied
1.1%
Renter-Occupied
99%
1%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo

Market Indicators (Redfin)

Median Sale Price
$479,900
Median Days on Market
121 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$292
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
44.7%
of renters spending 30%+ of income on housing
44% above US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
98.9%

Complete Housing Data

Home Values

Census Median Value$300,000
Zillow Home Value (ZHVI)$417,114
Redfin Median Sale$479,900
Median Sale Price$479,900
Median List Price$1,500,000
Price Per Sq Ft$292

Rent

FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market121
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$292

Ownership & Stock

Owner-Occupied98.9%
Renter-Occupied1.1%
Homeownership Rate98.9%
Total Housing Units582
Median Year Built1960
Rent Burden44.7%