If you need assistance, please call 434-439-4211

Lynchburg Market Report

$294,806

AVERAGE PRICE OF 435 HOMES

$1,166,666

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$342,238

AVERAGE PRICE OF 131 NEWLY BUILT HOMES

$347,142

AVERAGE PRICE OF 28 HOMES WITH A POOL

$318,757

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $294,806
Avg Bedrooms 3.77 beds
Avg Bathrooms 2.57 baths

Average Price by Bedrooms

1 bedroom $179,018
2 bedrooms $90,030
3 bedrooms $376,095
4 bedrooms $395,696
5 bedrooms $461,366
Lynchburg Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 436 n/a n/a n/a 329
Average Price $293,163 n/a n/a n/a $267,114
Avg Price Change n/a n/a n/a n/a -2.57%
Median Price $271,210 n/a n/a n/a $240,585
Med Price Change n/a n/a n/a n/a +0.54%
Avg Bedrooms 3.81 beds n/a n/a n/a 3.45 beds
Avg Bathrooms 2.62 baths n/a n/a n/a 2.6 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Brookville High School 53 $302,801 82 days
E. C. Glass 2 $849,500 78 days
E. C. Glass High School 153 $316,830 59 days
Heritage High School 128 $209,118 40 days
Jefferson Forest 11 $416,225 889 days
Jefferson Forest High School 33 $473,387 98 days
Other - See Remarks 9 $197,355 41 days
Rustburg High School 46 $275,613 79 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 435 $294,806 247 days
Multi-Million Dollar Homes 3 $1,166,666 81 days
Newly Built Homes 131 $342,238 95 days
Homes with a Pool 28 $347,142 86 days
Reduced Price Homes 13 $318,757 31 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.
The data relating to real estate for sale on this web site comes in part from the Charlottesville Area Association of REALTORS®. Real estate listings held by brokers other than the firm whose site you are accessing are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified by the consumer. © COPYRIGHT 2022 Charlottesville Area Association of REALTORS©, Inc. All rights reserved.
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 August 19, 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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