Data as of March 2026. Source: Realtor.com.
The LYNCHBURG, VA real estate market (24503) currently shows 82 active listings, with 30 pending sales. Homes are averaging 54 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 54 days on market compared to 30 days last year.
The median listing price has fallen 10.3% year-over-year, from $489,925 to $439,500.
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.
Population: 20,017 · Density: 210.5/mi² · Median household income: $90,363
Typical home value: $293,409 · Homeownership: 76.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 24503 | Lynchburg, VA 24503 | 0.0 mi | 79 | $37,203,786 | $449,450 | $470,934 |
| 24551 | Forest, VA 24551 | 7.5 mi | 102 | $56,536,152 | $434,900 | $554,276 |
| 24501 | Lynchburg, VA 24501 | 8.2 mi | 123 | $28,502,175 | $227,150 | $231,725 |
| 24556 | Goode, VA 24556 | 10.1 mi | 24 | $19,036,584 | $629,950 | $793,191 |
| 24504 | Lynchburg, VA 24504 | 12.2 mi | 46 | $13,857,822 | $221,000 | $301,257 |
| 24550 | Evington, VA 24550 | 15.1 mi | 19 | $8,117,579 | $384,900 | $427,241 |
| 24579 | Natural Bridge Station, VA 24579 | 17.1 mi | 2 | $1,398,000 | $699,000 | $699,000 |
| 24538 | Concord, VA 24538 | 18.0 mi | 13 | $4,615,637 | $312,413 | $355,049 |
| 24416 | Buena Vista, VA 24416 | 20.1 mi | 23 | $6,173,430 | $269,900 | $268,410 |
| 24517 | Altavista, VA 24517 | 21.2 mi | 30 | $8,598,870 | $242,425 | $286,629 |
| 24571 | Lynch Station, VA 24571 | 23.1 mi | 16 | $7,961,472 | $396,725 | $497,592 |
| 24553 | Gladstone, VA 24553 | 24.1 mi | 4 | $2,251,500 | $466,175 | $562,875 |
| 24066 | Buchanan, VA 24066 | 24.6 mi | 11 | $4,880,623 | $378,950 | $443,693 |
As of March 2026, there are 82 active listings in LYNCHBURG, VA (zip code 24503), compared to 85 the prior year.
The median listing price in LYNCHBURG, VA 24503 is $439,500 as of March 2026, a 10.3% decrease from $489,925 the prior year.
Homes in LYNCHBURG, VA 24503 spend an average of 54 days on the market before going under contract, compared to 30 days the prior year.
Based on current inventory and days-on-market data as of March 2026, LYNCHBURG, VA 24503 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 54 days on market compared to 30 days last year.
With SELL123.com's maximum 3% commission, sellers in LYNCHBURG, VA 24503 save an estimated $8,790 compared to a typical 5% commission on the median listing price of $439,500. 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.