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Sarah Mitchell

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Compass Real Estate · Lynchburg, VA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Lynchburg, VA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Lynchburg, VA Housing Market & Real Estate

Seller's market-6.9% YoY

Housing market overview · Updated monthly ·

$270,000median sale price

How is the Lynchburg, VA housing market right now?

The median home sale price in Lynchburg, VA is $270,000, down 6.9% year-over-year. Homes sell in an average of 19 days with 235 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Lynchburg a buyer's or seller's market?

Seller's market2.6 months of supply19 avg. days on market

Lynchburg, VA is currently a seller's market, based on 2.6 months of supply and homes selling in about 19 days. How we determine this →

Homes sold

89

Last 12 weeks

Days on market

19

Fast-moving

Active listings

235

2.6 months supply

Sale-to-list

98.8%

Below asking

What does the Lynchburg housing market data show?

Current housing market statistics for Lynchburg, VA
MetricValue
Median sale price$270,000
Median list price$289,000
Year-over-year price change-6.9%
Average days on market19 days
Active inventory235 listings
Months of supply2.6 months
Sale-to-list price ratio98.8%
Median price per sq ft$164/sq ft
Homes sold (latest month)89
New listings (latest month)130
Listings with a price cut30.6%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Lynchburg by property type?

How the Lynchburg, VA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Lynchburg, VA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$270,000$164/sq ft6319 days
Condo / Co-op$235,000$178/sq ft382 days
Townhouse$269,950$171/sq ft2014 days

Source: Redfin · Updated monthly

The Lynchburg housing market is currently classified as a seller's market with a median sale price of $270,000. Prices have fallen 6.9% compared to last year, with homes spending an average of 19 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.

Homes for sale in Lynchburg

There are currently 235 homes listed for sale in Lynchburg, Virginia. The median listing price is $289K. Featured listings range from $259,900 to $900,000.

5 bedroom house for sale at 1114 15th St Lynchburg 24504 - $259,900
New Listing
49
$259,900

1114 15th St

Lynchburg, VA 24504

5 bd3 ba2,124 sqft$122/ft²
House3,123 sqft lot

Schyler Higgins · Cornerstone Realty Group Inc.

View photos & details
2 bedroom townhouse for sale at 3008 Hill St Unit 212 Lynchburg 24501 - $279,900
New Listing
45
$279,900

3008 Hill St Unit 212

Lynchburg, VA 24501

2 bd4 ba1,800 sqft$156/ft²
Townhouse3,528 sqft lot

Rick Boyer · Divine Fog Realty Company LLC

View photos & details
4 bedroom townhouse for sale at 244 Thicket Dr Lynchburg 24501 - $294,900
New Listing
34
$294,900

244 Thicket Dr

Lynchburg, VA 24501

4 bd3 ba1,551 sqft$190/ft²
Townhouse5,314 sqft lot

Zach Willis · Keller Williams

View photos & details
4 bedroom house for sale at 340 Blackhawke Dr Lynchburg 24502 - $329,900
New Listing
38
$329,900

340 Blackhawke Dr

Lynchburg, VA 24502

4 bd3 ba1,607 sqft$205/ft²
House8,102 sqft lot

Cody Smith · Keller Williams

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6 bedroom multi-family for sale at 2461 Rivermont Ave Lynchburg 24503 - $334,900
New Listing
50
$334,900

2461 Rivermont Ave

Lynchburg, VA 24503

6 bd3,072 sqft$109/ft²
Multi-family11,674 sqft lot

Noah Kessler · Keller Williams

View photos & details
3 bedroom house for sale at 106 Howard Dr Lynchburg 24503 - $349,000
New Listing
39
$349,000

106 Howard Dr

Lynchburg, VA 24503

3 bd2 ba1,550 sqft$225/ft²
House21,083 sqft lot

Allen Addair · eXp Realty LLC-Lynchburg

View photos & details
3 bedroom house for sale at 310 Boston Ave Lynchburg 24503 - $389,900
New Listing
53
$389,900

310 Boston Ave

Lynchburg, VA 24503

3 bd3 ba2,000 sqft$195/ft²
House18,657 sqft lot

Tim Bushnell · Keller Williams

View photos & details
4 bedroom house for sale at 732 Chikasaw Rd Lynchburg 24502 - $439,000
New Listing
97
$439,000

732 Chikasaw Rd

Lynchburg, VA 24502

4 bd4 ba3,644 sqft$120/ft²
House24,699 sqft lot

Larry Comerford · Berkshire Hathaway HomeServices Dawson Ford Garbee & Co., REALTORS(R)-Forest

View photos & details
4 bedroom house for sale at 103 Waterton Dr Lynchburg 24503 - $687,500
New Listing
38
$687,500

103 Waterton Dr

Lynchburg, VA 24503

4 bd4 ba3,081 sqft$223/ft²
House42,515 sqft lot

Stephen Acree · Keller Williams

View photos & details
4 bedroom house for sale at 3620 Manton Dr Lynchburg 24503 - $689,900
New Listing
96
$689,900

3620 Manton Dr

Lynchburg, VA 24503

4 bd5 ba3,986 sqft$173/ft²
House42,976 sqft lot

Celeste Sedlar · Lynchburg's Finest Team LLC

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5 bedroom house for sale at 101 McKenna Cir Lynchburg 24503 - $734,900
New Listing
70
$734,900

101 McKenna Cir

Lynchburg, VA 24503

5 bd5 ba4,200 sqft$175/ft²
House24,437 sqft lot

Katharine Blickenstaff Poats · Blickenstaff & Company, Realtors

View photos & details
multi-family for sale at 309 Wyndale Dr Lynchburg 24501 - $900,000
New Listing
26
$900,000

309 Wyndale Dr

Lynchburg, VA 24501

Multi-family4.14 acres

Zach Willis · Keller Williams

View photos & details

Looking to buy in Lynchburg?

Get connected with a local real estate expert — free, no obligation.

Active listings

235

Homes on market

Median list price

$289K

Avg. days on market

19

Days until sale

New this week

130

Newly listed

Price drops:30.6%of listings
Sale-to-list:98.8%

Who lives in Lynchburg?

Population

79,255

Median income

$59,808/yr

Median age

28.4 years

Owner-occupied

49.1%

College grads

38.5%

Avg commute

16.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Lynchburg?

Zillow home value

$268,929

Zillow rent index

$1,325/mo

Price-to-rent ratio

16.9x

Price-to-income

4.5x

Source: Zillow Research

What is it like to live in Lynchburg?

Lynchburg is a community of approximately 79K residents with a median age of 28.4 years.The median household income is $59,808, which represents a working-class community with solid middle-income opportunities. 38.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 49.1%, showing a blend of owner and renter-occupied properties. The average commute time is 16.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lynchburg offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Lynchburg?

27 schools tracked · 11,062 students

The largest public schools serving Lynchburg, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

E.C. Glass High

Grades 9-12 · 1,257 students

Public

Heritage High

Grades 9-12 · 1,080 students

Public

Brookville High

Grades 9-12 · 1,015 students

Public

Tomahawk Elementary

Grades PK-5 · 679 students

Public

Brookville Middle

Grades 6-8 · 678 students

Public

Leesville Road Elementary

Grades PK-5 · 642 students

Public

Linkhorne Middle

Grades 6-8 · 566 students

Public

Sandusky Middle

Grades 6-8 · 543 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Lynchburg, VA?

Want a head-to-head view? Compare Lynchburg side-by-side with any other U.S. city using our market-comparison tool.

Which ZIP codes are in Lynchburg?

Is Lynchburg a good real estate investment market?

For investors evaluating Lynchburg, the price-to-rent ratio of 16.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 6.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lynchburg's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lynchburg's median home price.

Frequently asked questions

What is the average home price in Lynchburg?

The median home sale price in Lynchburg is $270,000, down 6.9% from last year.

How long do homes stay on market in Lynchburg?

Homes typically spend 19 days on market before going under contract.

What is the median income in Lynchburg?

The median household income is $59,808 per year.

Is Lynchburg a buyer's or seller's market?

With 2.6 months of supply, Lynchburg is currently a seller's market.

How many homes are for sale in Lynchburg?

There are currently 235 homes listed for sale in Lynchburg, VA.

What is the Zillow home value estimate for Lynchburg?

The Zillow Home Value Index (ZHVI) for Lynchburg is $268,929, representing the typical home value in the area.

What is the median condo price in Lynchburg?

The median condo/co-op sale price in Lynchburg, VA is $235,000, compared to $270,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Lynchburg?

The median single-family home price in Lynchburg, VA is $270,000 (about $164 per square foot).

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