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 $178, up 4.1% 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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 10 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 2% below list price and go pending in around 32 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 6 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 16 days.
- Hot homescan sell for about 3% 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
- $340,000 Last Sold Price4 beds3 baths1,800 sq ft2302 Heronhill Pl, Lynchburg, VA 24503List Price$339,999Sale to List0% over listDays on Market50 days2302 Heronhill Pl, Lynchburg, VA 24503
- $118,500 Last Sold Price1 bed1 bath587 sq ft901 Jefferson St Unit 3D, Lynchburg, VA 24504List Price$118,500Sale to List0% over listDays on Market35 days901 Jefferson St Unit 3D, Lynchburg, VA 24504
- $8,000 Last Sold Price—beds—baths—sq ft137 Richeson Dr, Lynchburg, VA 24501List Price$19,900Sale to List60% under listDays on Market40 days137 Richeson Dr, Lynchburg, VA 24501
- $481,950 Last Sold Price4 beds2.5 baths2,910 sq ft1070 Wild Fox Ct, Lynchburg, VA 24503List Price$484,950Sale to List1% under listDays on Market681 days1070 Wild Fox Ct, Lynchburg, VA 24503
- $239,900 Last Sold Price4 beds2 baths1,800 sq ft3009 Hillview St, Lynchburg, VA 24501List Price$239,900Sale to List0% over listDays on Market111 days3009 Hillview St, Lynchburg, VA 24501
- $375,000 Last Sold Price4 beds2.5 baths2,280 sq ft123 Chesterfield Rd, Lynchburg, VA 24502List Price$375,000Sale to List0% over listDays on Market0 days123 Chesterfield Rd, Lynchburg, VA 24502
- $210,000 Last Sold Price4 beds2.5 baths2,437 sq ft408 West Cadbury Drive Dr, Lynchburg, VA 24501List Price$223,000Sale to List6% under listDays on Market53 days408 West Cadbury Drive Dr, Lynchburg, VA 24501
- $140,000 Last Sold Price3 beds1 bath900 sq ft3111 Maryland Ave, Lynchburg, VA 24501List Price$139,900Sale to List0% over listDays on Market69 days3111 Maryland Ave, Lynchburg, VA 24501
See all recently sold homes in Lynchburg.
See listings
Schools in Lynchburg
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Paul Munro Elementary School Public • PreK-5 | 357 Students | 12 reviews |
7/10 Boonsboro Elementary School Public • PreK-4 | 321 Students | 6 reviews |
5/10 Tomahawk Elementary School Public • PreK-5 | 685 Students | 3 reviews |
4/10 Dearington Elem/innovation Public • PreK-5 | 204 Students | 2 reviews |
4/10 William M. Bass Elementary School Public • PreK-5 | 236 Students | 3 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®
More real estate resources for Lynchburg
New Listings in Lynchburg
Nearby City Housing Markets
Zip Code Housing Markets
Neighborhood Housing Markets
Nearby City Listings
Zip Code Listings
Neighborhood Listings
About us
Find us
Subsidiaries
Copyright: © 2024 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.