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Lynchburg

Why you'd want to live in Lynchburg

Lynchburg, Virginia is a city which remembers its past while focusing on the future - a vibrant central city fostering a strong sense of community, economic opportunity for all our citizens and responsive, results-oriented local government. Lynchburg is a city of 50 square miles located near the geographic center of the state, bordered by the eastern edge of the beautiful Blue Ridge Mountains. It is located approximately 180 miles southwest of the nation's capital, Washington, D.C. An active community boasting friendly residential neighborhoods, Lynchburg has a tradition of outstanding public education. Lynchburg operates one of the top school systems in the state and is recognized for its unique Partners in Education program that partners the business and government sector with the schools. The city is also home to five public/private colleges and universities. A city with outstanding cultural, educational, and recreation opportunities, Lynchburg operates 12 parks, 24 playgrounds, eight community centers, an Olympic-size pool, 34 tennis courts, and 26 baseball diamonds. Other opportunities include hiking in the Blue Ridge Mountains or on the Appalachian Trail; swimming and boating on Smith Mountain Lake, one of the country's largest man-made bodies of water; skiing at nearby Wintergreen Resort; or taking in a minor-league baseball game at the city-managed stadium. via lynchburgva.gov

Lynchburg Market Report

$325,497

AVERAGE PRICE OF 478 HOMES

$65,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,484,313

AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES

$368,640

AVERAGE PRICE OF 140 NEWLY BUILT HOMES

$515,321

AVERAGE PRICE OF 19 HOMES WITH A POOL

$336,011

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $325,497
Avg Bedrooms 3.37 beds
Avg Bathrooms 2.58 baths

Average Price by Bedrooms

1 bedroom $111,740
2 bedrooms $187,813
3 bedrooms $280,489
4 bedrooms $385,443
5 bedrooms $544,508
Lynchburg Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 475 490 516 481 453
Average Price $328,534 $333,287 $333,738 $330,962 $320,701
Avg Price Change -1.45% -0.14% +0.84% +3.20% -0.41%
Median Price $291,201 $291,389 $293,331 $292,898 $286,928
Med Price Change -0.06% -0.67% +0.15% +2.08% +0.74%
Avg Bedrooms 3.35 beds 3.35 beds 3.31 beds 3.33 beds 3.27 beds
Avg Bathrooms 2.61 baths 2.63 baths 2.64 baths 2.61 baths 2.59 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Heritage High School 201 $273,192 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 478 $325,497 88 days
Distressed Homes 1 $65,000 162 days
Multi-Million Dollar Homes 8 $1,484,313 212 days
Newly Built Homes 140 $368,640 138 days
Homes with a Pool 19 $515,321 95 days
Reduced Price Homes 25 $336,011 67 days
Key To Your Heart Realty
300 Gristmill Dr.,Ste A
Forest, VA 24551
434-333-7723

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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