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LYNCHBURG, VA 24501

Real Estate Market Report  ·  Campbell County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
115
⇩ 16.7% vs 138 last year
Pending
51
44% pending ratio
Median Price
$232,450
⇩ 1.1% vs $234,950 last year
Average Price
$239,745
⇧ 0.2% vs $239,365 last year
Days on Market
46
⇩ 4.2% vs 48 days last year

Market Context

Population: 26,778  ·  Density: 284.6/mi²  ·  Median household income: $44,000

Typical home value: $138,131  ·  Homeownership: 44.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The LYNCHBURG, VA real estate market (24501) currently shows 115 active listings, with 51 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 46 days on market compared to 48 days last year.

The median listing price has fallen 1.1% year-over-year, from $234,950 to $232,450.

Whether you are buying or selling in LYNCHBURG, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 115 this year vs 138 last year
  • Days on market: 46 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $232,450 (-1.1% YoY)
  • Average: $239,745 (+0.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.9 miles — 512 listings ($213,286,060 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24501Lynchburg, VA 245010.0 mi115$27,570,675$232,450$239,745
24504Lynchburg, VA 245045.9 mi46$13,103,238$221,000$284,853
24503Lynchburg, VA 245038.2 mi81$39,817,413$449,950$491,573
24551Forest, VA 245519.4 mi106$57,031,180$449,500$538,030
24538Concord, VA 2453811.3 mi11$3,421,847$309,900$311,077
24556Goode, VA 2455613.6 mi16$11,849,664$474,900$740,604
24554Gladys, VA 2455415.9 mi9$2,840,850$327,450$315,650
24526Big Island, VA 2452619.2 mi6$1,536,000$229,000$256,000
24521Amherst, VA 2452119.7 mi27$11,180,322$354,450$414,086
24522Appomattox, VA 2452220.4 mi44$16,951,484$331,200$385,261
24569Long Island, VA 2456921.5 mi2$203,300$101,650$101,650
24104Huddleston, VA 2410423.8 mi47$26,382,087$435,000$561,321
24579Natural Bridge Station, VA 2457924.9 mi2$1,398,000$699,000$699,000

Frequently Asked Questions

How many homes are for sale in LYNCHBURG, VA 24501?

As of January 2026, there are 115 active listings in LYNCHBURG, VA (zip code 24501), compared to 138 the prior year.

What is the median home price in LYNCHBURG, VA 24501?

The median listing price in LYNCHBURG, VA 24501 is $232,450 as of January 2026, a 1.1% decrease from $234,950 the prior year.

How long do homes stay on the market in LYNCHBURG, VA?

Homes in LYNCHBURG, VA 24501 spend an average of 46 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in LYNCHBURG, VA 24501?

Based on current inventory and days-on-market data as of January 2026, LYNCHBURG, VA 24501 is currently a Seller's Market. Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 46 days on market compared to 48 days last year.

How much can I save on real estate commission in LYNCHBURG, VA?

With SELL123.com's maximum 3% commission, sellers in LYNCHBURG, VA 24501 save an estimated $4,649 compared to a typical 5% commission on the median listing price of $232,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.