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Lynchburg Market Report

$277,943

AVERAGE PRICE OF 276 HOMES

$1,397,666

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$304,711

AVERAGE PRICE OF 90 NEWLY BUILT HOMES

$320,191

AVERAGE PRICE OF 37 HOMES WITH A POOL

$107,450

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $277,943
Avg Bedrooms 3.01 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

2 bedrooms $380,452
3 bedrooms $275,809
4 bedrooms $394,336
5 bedrooms $440,357
Lynchburg Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 317 n/a 409 442 456
Average Price $269,466 n/a $261,558 $248,157 $246,270
Avg Price Change n/a n/a +5.40% +0.77% -3.30%
Median Price $235,123 n/a $227,831 $218,070 $216,322
Med Price Change n/a n/a +4.48% +0.81% -1.00%
Avg Bedrooms 2.93 beds n/a 3.01 beds 3.59 beds 3.29 beds
Avg Bathrooms 2.14 baths n/a 2.77 baths 2.74 baths 2.36 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Brookville High School 43 $268,439 81 days
E. C. Glass High School 73 $255,619 71 days
Heritage High School 79 $226,932 61 days
Jefferson Forest 2 $922,000 61 days
Jefferson Forest High School 29 $487,970 78 days
Other - See Remarks 5 $282,959 39 days
Rustburg High School 45 $248,261 67 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 276 $277,943 57 days
Multi-Million Dollar Homes 3 $1,397,666 110 days
Newly Built Homes 90 $304,711 66 days
Homes with a Pool 37 $320,191 67 days
Reduced Price Homes 2 $107,450 20 days
Lynchburg's Finest Real Estate
113 Goldenrod Place
Lynchburg, VA 24502
434-439-4211

Featured real estate company is not a mortgage lender and so you should contact Atlantic Bay Mortgage Group, L.L.C. directly to learn about its products and your eligibility for such products. The featured lender has an affiliated business relationship with the featured real estate agent. You are under no obligation to use the featured lender for financing. All loans subject to income verification, credit approval and property appraisal. Not a commitment to lend. Atlantic Bay Mortgage Group, L.L.C. NMLS #72043 (nmlsconsumeraccess.org) is an Equal Opportunity Lender. Located at 600 Lynnhaven Parkway Suite 203 Virginia Beach, VA 23452.
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
Last updated; multiple times January 25, 2022. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2022 MLS and FBS. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited. The information on this sheet has been made available by the MLS and may not be the listing of the provider.
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