The 24572 housing market is somewhat competitive. The median sale price of a home in 24572 was $235K last month, up 1.5% since last year. The median sale price per square foot in 24572 is $188, up 26.6% since last year.
In March 2024, 24572 home prices were up 1.5% compared to last year, selling for a median price of $235K. On average, homes in 24572 sell after 11 days on the market compared to 27 days last year. There were 31 homes sold in March this year, down from 36 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$235,000
+1.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
24572, VA
$235,000
+1.5%
United States
To compare other locations to the 24572 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Virginia add value to a home.
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How hot is the 24572 housing market?
24572 is somewhat competitive. Homes sell in 19 days.
0
100
66
Somewhat Competitive
Redfin Compete Score™
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 homes
can sell for about 2% above list price and go pending in around 5 days.
Homes in this area are served by the Lynchburg City Public Schools, Laurel Regional School District, Cent Va Train Center, and Lynchburg City Secondary Alternative School District.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Paul Munro Elementary School
Public • PreK-5
357
Students
12 reviews
4/10
Dearington Elem/innovation
Public • PreK-5
204
Students
2 reviews
4/10
T.C. Miller Elementary For Innovat.
Public • K-5
241
Students
2 reviews
4/10
Amelon Elementary School
Public • PreK-5
444
Students
2 reviews
4/10
William M. Bass Elementary School
Public • PreK-5
236
Students
3 reviews
Only showing 5 of
16 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 24572 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 24572.
Risk Factor
Flood Factor - Major
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
24572 has a major risk of flooding. 723 properties in 24572 are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in 24572. Flood risk is increasing slower than the national average.
96% of properties are at risk of wildfire over the next 30 years
Fire Factor
24572 has a moderate risk of wildfire. There are 11,525 properties in 24572 that have some risk of being affected by wildfire over the next 30 years. This represents 96% of all properties in 24572.
99% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
24572 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 24572 is most at risk from hurricanes. 11,958 properties in 24572 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 51 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 61 mph.