ZIP Code 23123 — Bremo Bluff, VA Home Prices (2026)
The typical home in ZIP 23123 (Bremo Bluff, Virginia) is worth about $221,000 at roughly $231 per square foot — 14% more affordable than the Bremo Bluff median and 25% more affordable than the typical U.S. home.
How 23123 compares
ZIP 23123 is one of the more affordable ZIP codes in Bremo Bluff: its typical home value of $221,000 ranks #3 of the 3 Bremo Bluff ZIP codes we track (the citywide range runs from $221,000 in 23123 to $351,000 in 23055). Per square foot it costs about $231, against $231 for Bremo Bluff as a whole, $221 for Virginia, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 23123 | $221,000 | $231 |
| Bremo Bluff, VA | $258,000 | $231 |
| Virginia | $342,000 | $221 |
| United States | $294,000 | $195 |
Home value by size in 23123
Using this ZIP’s rate of about $231 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $231,000 |
| 1,500 sq ft | $346,500 |
| 2,000 sq ft | $462,000 |
| 2,500 sq ft | $577,500 |
| 3,000 sq ft | $693,000 |
Salary needed to buy a home in ZIP 23123
To buy the typical $221,000 home in ZIP 23123 with 20% down, you need a household income of roughly $60,000 a year (about $1,400 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $71,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $11,100 | $1,740/mo | $75,000/yr |
| 10% (+PMI) | $22,100 | $1,670/mo | $71,000/yr |
| 20% | $44,200 | $1,400/mo | $60,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 23123
At about $231 per square foot, here is roughly how much home different budgets get you in ZIP 23123:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 650 sq ft | below the local median — condos, smaller or older homes |
| $200k | 870 sq ft | around the typical home here |
| $250k | 1080 sq ft | around the typical home here |
| $300k | 1300 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 1730 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 23123 home.
Estimate a specific home in 23123
The estimator below is pre-set to ZIP 23123 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Bremo Bluff ZIP codes by home value
Where 23123 sits among Bremo Bluff’s 3 ZIP codes:
ZIP 23123 home prices: frequently asked
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See the full Bremo Bluff home values page, all Virginia cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.