Lynchburg, VA Housing Market
The Lynchburg housing market is very competitive. The median sale price of a home in Lynchburg was $279K last month, up 22.0% 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 March 2024, Lynchburg home prices were up 22.0% compared to last year, selling for a median price of $279K. On average, homes in Lynchburg sell after 20 days on the market compared to 7 days last year. There were 92 homes sold in March this year, down from 103 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 12 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
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 19 days.
- Hot homescan sell for about 2% above list price and go pending in around 5 days.
Lynchburg Migration & Relocation Trends
Home offer insights for Lynchburg
Recent offers
View houses in Lynchburg that sold recently
Recently sold homes
- $149,900 Last Sold Price3 beds1 bath1,078 sq ft614 Polk St, Lynchburg, VA 24504List Price$149,900Sale to List0% over listDays on Market63 days614 Polk St, Lynchburg, VA 24504
- $320,000 Last Sold Price3 beds2.5 baths2,045 sq ft106 Hillsman Ln, Lynchburg, VA 24501List Price$329,900Sale to List3% under listDays on Market35 days106 Hillsman Ln, Lynchburg, VA 24501
- $520,000 Last Sold Price3 beds3 baths4,043 sq ft1928 Gaymoor Ter, Lynchburg, VA 24503List Price$515,000Sale to List1% over listDays on Market0 days1928 Gaymoor Ter, Lynchburg, VA 24503
- $291,500 Last Sold Price3 beds2 baths1,814 sq ft204 Spicer Rd, Lynchburg, VA 24504List Price$289,900Sale to List1% over listDays on Market90 days204 Spicer Rd, Lynchburg, VA 24504
- $35,500 Last Sold Price2 beds1 bath1,048 sq ft2346 Aragon St, Lynchburg, VA 24501List Price$39,900Sale to List11% under listDays on Market21 days2346 Aragon St, Lynchburg, VA 24501
- $280,000 Last Sold Price3 beds2 baths1,600 sq ft115 Tomahawk Drive Dr, Lynchburg, VA 24502List Price$285,000Sale to List2% under listDays on Market62 days115 Tomahawk Drive Dr, Lynchburg, VA 24502
- $500,000 Last Sold Price3 beds2.5 baths2,796 sq ft102 Clopton Ct, Lynchburg, VA 24503List Price$515,000Sale to List3% under listDays on Market55 days102 Clopton Ct, Lynchburg, VA 24503
- $112,000 Last Sold Price2 beds1 bath725 sq ft2211 Woodrow St, Lynchburg, VA 24501List Price$115,900Sale to List3% under listDays on Market62 days2211 Woodrow St, Lynchburg, VA 24501
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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