Lynchburg, VA Housing Market
The Lynchburg housing market is very competitive. The median sale price of a home in Lynchburg was $253K last month, up 7.9% since last year. The median sale price per square foot in Lynchburg is $171, up 1.2% since last year.
Lynchburg Housing Market Trends
In April 2024, Lynchburg home prices were up 7.9% compared to last year, selling for a median price of $253K. On average, homes in Lynchburg sell after 9 days on the market compared to 8 days last year. There were 112 homes sold in April this year, up from 82 last year.
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How hot is the Lynchburg housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% below list price and go pending in around 8 days.
- Hot homescan sell for around list price and go pending in around 3 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 8 days.
- Hot homescan sell for around list price and go pending in around 2 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 33 days.
- Hot homescan sell for about 2% above list price and go pending in around 7 days.
Lynchburg Migration & Relocation Trends
Home offer insights for Lynchburg
Recent offers
View houses in Lynchburg that sold recently
Recently sold homes
- $275,000 Last Sold Price2 beds2 baths1,680 sq ft101 Duncraig Dr #214, Lynchburg, VA 24502List Price$275,000Sale to List0% over listDays on Market37 days101 Duncraig Dr #214, Lynchburg, VA 24502
- $235,000 Last Sold Price3 beds1 bath1,214 sq ft1016 Sandusky Dr, Lynchburg, VA 24502List Price$219,900Sale to List7% over listDays on Market26 days1016 Sandusky Dr, Lynchburg, VA 24502
- $275,000 Last Sold Price5 beds3.5 baths2,400 sq ft1100 8th St, Lynchburg, VA 24504List Price$279,000Sale to List1% under listDays on Market68 days1100 8th St, Lynchburg, VA 24504
- $424,900 Last Sold Price3 beds3 baths2,948 sq ft2227 Falcon Hill Pl, Lynchburg, VA 24503List Price$424,900Sale to List0% over listDays on Market43 days2227 Falcon Hill Pl, Lynchburg, VA 24503
- $300,000 Last Sold Price3 beds2.5 baths3,050 sq ft64 Belmont Pl, Lynchburg, VA 24502List Price$329,900Sale to List9% under listDays on Market15 days64 Belmont Pl, Lynchburg, VA 24502
- $215,000 Last Sold Price4 beds2.5 baths3,130 sq ft1426 Rainbow Forest Dr, Lynchburg, VA 24502List Price$235,000Sale to List9% under listDays on Market10 days1426 Rainbow Forest Dr, Lynchburg, VA 24502
- $325,000 Last Sold Price3 beds2.5 baths1,914 sq ft204 Legacy Oaks Cir, Lynchburg, VA 24501List Price$329,900Sale to List1% under listDays on Market66 days204 Legacy Oaks Cir, Lynchburg, VA 24501
- $294,900 Last Sold Price3 beds2.5 baths1,750 sq ft420 Breezewood Dr #113, Lynchburg, VA 24502List Price$294,900Sale to List0% over listDays on Market4 days420 Breezewood Dr #113, Lynchburg, VA 24502
See all recently sold homes in Lynchburg.
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Schools in Lynchburg
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Dearington Elem/innovation Public • PreK-5 | 169 Students | 2 reviews |
6/10 Tomahawk Elementary School Public • PreK-5 | 690 Students | 3 reviews |
6/10 William M. Bass Elementary School Public • PreK-5 | 197 Students | 3 reviews |
5/10 Paul Munro Elementary School Public • PreK-5 | 334 Students | 12 reviews |
5/10 Boonsboro Elementary School Public • PreK-4 | 282 Students | 6 reviews |
Climate's impact on Lynchburg housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lynchburg.
Flood Factor - Extreme
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Lynchburg
Walk Score®
Transit Score®
Bike Score®
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