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

Lynchburg Market Report

$225,585

AVERAGE PRICE OF 442 HOMES

$60,750

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,590,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$273,162

AVERAGE PRICE OF 100 NEWLY BUILT HOMES

$217,610

AVERAGE PRICE OF 29 HOMES WITH A POOL

$285,988

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $225,585
Avg Bedrooms 3.14 beds
Avg Bathrooms 2.47 baths

Average Price by Bedrooms

1 bedroom $179,460
2 bedrooms $166,921
3 bedrooms $211,964
4 bedrooms $263,326
5 bedrooms $380,278
Lynchburg Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 463 454 456 459 471
Average Price $231,088 $240,194 $239,344 $242,344 $244,020
Avg Price Change -3.94% +0.36% -1.25% -0.69% +3.91%
Median Price $201,485 $202,569 $200,616 $200,567 $201,211
Med Price Change -0.54% +0.97% +0.02% -0.32% +2.31%
Avg Bedrooms 3.27 beds 3.36 beds 3.32 beds 3.27 beds 3.28 beds
Avg Bathrooms 2.35 baths 2.41 baths 2.41 baths 2.34 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Brookville High School 61 $216,128 69 days
E. C. Glass High School 160 $212,990 57 days
Heritage High School 143 $210,549 66 days
Jefferson Forest High School 35 $385,562 85 days
Rustburg High School 43 $205,658 78 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 442 $225,585 66 days
Distressed Homes 2 $60,750 30 days
Multi-Million Dollar Homes 1 $1,590,000 491 days
Newly Built Homes 100 $273,162 83 days
Homes with a Pool 29 $217,610 70 days
Reduced Price Homes 9 $285,988 77 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 November 25, 2020. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2020 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.
This site powered by CINC: www.cincpro.com