Are there homes to be had in Brookeville, MD for under 500K? It's slim pickings but yes. Those, however, may come without an A/C.
I showed 2 homes in the area last weekend that did not have any air conditioning nor (enough) ceiling fans - showing them on the last day of a record-breaking heat wave did nothing but make painfully aware the obvious. 
However, with a list price in the mid-to-low 400s respectively and fantastic locations in the heart of the historic districts, these homes will sell, eventually. It will take vision, some milder temps and a pot of gold. We have the vision but negative on the pot of gold. It's too bad really since Brookeville is a wonderful area and homes listed for under 500K are far and few between.
The average list price for a detached single family home in Brookeville is currently $789,601 - just 6 of 41 active listings are below 500K. Thus, it is too be expected that homes listed in the 400K range will likely need some improvements or upgrades such as an A/C. It may be a good move by the seller to provide some cost estimates to any prospective buyer or invest in some ceiling fans to make the worst bearable at least.
There are homes to be had for under 500K in Brookeville, MD. However, you may need some patience to wait for the right one and have realistic expectations - it wont be a mansion on 5 acres.
While there are a handful of decent choices, homes in the 400K range will likely be older, with less square footage, on comparably smaller lots for the area and perhaps in need of some upgrades or TLC.
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