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LYNCHBURG, VA 24504

Real Estate Market Report  ·  Campbell County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
46
⇩ 2.1% vs 47 last year
Pending
11
24% pending ratio
Median Price
$221,000
⇧ 36.1% vs $162,425 last year
Average Price
$284,853
⇧ 22.2% vs $233,172 last year
Days on Market
77
⇧ 16.7% vs 66 days last year

Market Context

Population: 9,498  ·  Density: 97.7/mi²  ·  Median household income: $45,873

Typical home value: $163,520  ·  Homeownership: 54.2%

Market Analysis

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

The LYNCHBURG, VA real estate market (24504) currently shows 46 active listings, with 11 pending sales. Homes are averaging 77 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 77 days on market compared to 66 days last year.

The median listing price has risen 36.1% year-over-year, from $162,425 to $221,000.

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: 46 this year vs 47 last year
  • Days on market: 77 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $221,000 (+36.1% YoY)
  • Average: $284,853 (+22.2% 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 24.5 miles — 641 listings ($228,943,027 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24504Lynchburg, VA 245040.0 mi46$13,103,238$221,000$284,853
24501Lynchburg, VA 245015.9 mi115$27,570,675$232,450$239,745
24588Rustburg, VA 245887.6 mi59$22,969,821$349,900$389,319
24502Lynchburg, VA 245029.4 mi194$63,173,966$299,950$325,639
24522Appomattox, VA 2452214.5 mi44$16,951,484$331,200$385,261
24551Forest, VA 2455115.2 mi106$57,031,180$449,500$538,030
24553Gladstone, VA 2455317.8 mi5$2,558,165$289,900$511,633
24517Altavista, VA 2451718.3 mi31$8,444,834$215,900$272,414
24556Goode, VA 2455619.4 mi16$11,849,664$474,900$740,604
24569Long Island, VA 2456922.5 mi2$203,300$101,650$101,650
23959Phenix, VA 2395922.9 mi3$695,400$231,800$231,800
24526Big Island, VA 2452623.3 mi6$1,536,000$229,000$256,000
24563Hurt, VA 2456324.5 mi14$2,855,300$199,900$203,950

Frequently Asked Questions

How many homes are for sale in LYNCHBURG, VA 24504?

As of January 2026, there are 46 active listings in LYNCHBURG, VA (zip code 24504), compared to 47 the prior year.

What is the median home price in LYNCHBURG, VA 24504?

The median listing price in LYNCHBURG, VA 24504 is $221,000 as of January 2026, a 36.1% increase from $162,425 the prior year.

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

Homes in LYNCHBURG, VA 24504 spend an average of 77 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in LYNCHBURG, VA 24504?

Based on current inventory and days-on-market data as of January 2026, LYNCHBURG, VA 24504 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 77 days on market compared to 66 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 24504 save an estimated $4,420 compared to a typical 5% commission on the median listing price of $221,000. 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.