Lynchburg, VA—24501
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$198,000
2.4% YoY Growth
Household Income
$45,300
33.4% YoY Growth
Days on Market
34
11.0% Shorter YoY
Home Price Forecast
1.6%
Median Rent
$1,300
2.3% YoY Growth
1-Bed Rent
$750
0.4% YoY Growth
2-Bed Rent
$1,200
4.5% YoY Growth
3-Bed Rent
$1,500
4.2% YoY Growth
Home Price Trends — Lynchburg, VA
As of May '26, the median home price in Lynchburg, VA is $198,000, with a year-over-year change of -2.4%. This indicates that home prices in Lynchburg, VA are decreasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $198,000 | -2.4% |
| Single Family | $197,000 | -2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |