If you need assistance, please call 434-333-7723

Lynchburg Market Report

$332,462

AVERAGE PRICE OF 526 HOMES

$181,950

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,453,143

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$363,717

AVERAGE PRICE OF 161 NEWLY BUILT HOMES

$492,322

AVERAGE PRICE OF 31 HOMES WITH A POOL

$288,172

AVERAGE PRICE OF 18 REDUCED PRICE HOMES

Average Home

Average Price $332,462
Avg Bedrooms 3.31 beds
Avg Bathrooms 2.63 baths

Average Price by Bedrooms

1 bedroom $173,520
2 bedrooms $208,614
3 bedrooms $298,877
4 bedrooms $381,300
5 bedrooms $604,644
Lynchburg Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 481 453 394 375 376
Average Price $330,962 $320,701 $322,009 $316,736 $312,365
Avg Price Change +3.20% -0.41% +1.66% +1.40% -2.29%
Median Price $292,898 $286,928 $284,821 $280,032 $279,992
Med Price Change +2.08% +0.74% +1.71% +0.01% -0.62%
Avg Bedrooms 3.33 beds 3.27 beds 3.27 beds 3.31 beds 3.32 beds
Avg Bathrooms 2.61 baths 2.59 baths 2.6 baths 2.57 baths 2.55 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Heritage High School 200 $276,863 53 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 526 $332,462 79 days
Distressed Homes 2 $181,950 44 days
Multi-Million Dollar Homes 7 $1,453,143 174 days
Newly Built Homes 161 $363,717 126 days
Homes with a Pool 31 $492,322 93 days
Reduced Price Homes 18 $288,172 77 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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