Lynchburg, SC—29080
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lynchburg, SC
As of Oct '25, the median home price in Lynchburg, SC is $122,000, with a year-over-year change of -9.2%. This indicates that home prices in Lynchburg, SC are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $122,000 | -9.2% |
| Single Family | $122,000 | -10.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $181,000 | -0.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lynchburg, SC
Lynchburg, SC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lynchburg, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Lynchburg, SC is 154. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $162,000 | -2.0% |
Listing Count | 6 | 29.0% |
| Listings as % of Homes | 0.1% | 29.0% |
Days on Market | 154 | -15.0% |
Demographics — Lynchburg, SC
As of the latest ACS Survey released in 2023, Lynchburg, SC has a population of 2,780, which has decreased by -2.6% over the past 5 years. Lynchburg, SC is a moderately popular place for families, as children make up 17.3% of the population. The area has a poorly educated workforce, with 14.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,780 | -2.6% |
% Under 18 | 17.3% | -34.5% |
% Seniors | 21.1% | 8.2% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 14.2% | -4.7% |
As of the latest ACS Survey released in 2023, Lynchburg, SC is a predominantly black area, with 65.1% of the population identifying as black. The black population has shrunk by 12.7% in the last 5 years. The second most common race or ethnicity in Lynchburg, SC is white, making up 29.6% of the population. Foreign-born residents account for 2.4% of the population in Lynchburg, SC, and this percentage has increased by 20.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 29.6% | 45.1% |
% Black | 65.1% | -12.7% |
% Hispanic | 3.2% | -3.0% |
% Asian | 0.1% | ∞% |
% Foreign Born | 2.4% | 20.0% |
Mortgage and Risk — Lynchburg, SC
According to HUD data as of 2023, there were 34 mortgage originations in Lynchburg, SC, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 59.0% above 90% LTV (very high). This implies large mortgage risk in Lynchburg, SC. Investor activity is low, as 6.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 34 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Lynchburg, SC
Lynchburg, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $1,050 |
| 3 Bedroom | -$530 | $1,800 | $1,270 |
| 4 Bedroom | N/A | N/A | $1,400 |
Affordability — Lynchburg, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $122,000 |
| Median Household Income | $38,500 |