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LYNCHBURG, VA 24504

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

Market Analysis

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

The LYNCHBURG, VA real estate market (24504) currently shows 53 active listings, with 18 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 48 days on market compared to 61 days last year.

The median listing price has risen 81.1% year-over-year, from $144,950 to $262,475.

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 Context

Market Context

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

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

Market Overview

Active Listings
53
⇧ 12.8% vs 47 last year
Pending
18
34% pending ratio
Median Price
$262,475
⇧ 81.1% vs $144,950 last year
Average Price
$349,956
⇧ 118.3% vs $160,303 last year
Days on Market
48
⇩ 21.3% vs 61 days last year

Price Per Square Foot

Median $/sqft
$149
⇧ 46.1% vs $102/sqft last year
Median Home Size
1,890 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 53 this year vs 47 last year
  • Days on market: 48 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $262,475 (+81.1% YoY)
  • Average: $349,956 (+118.3% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.5 miles — 631 listings ($226,703,192 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24504Lynchburg, VA 245040.0 mi46$13,857,822$221,000$301,257
24501Lynchburg, VA 245015.9 mi123$28,502,175$227,150$231,725
24588Rustburg, VA 245887.6 mi52$19,825,260$369,770$381,255
24502Lynchburg, VA 245029.4 mi185$57,959,575$299,300$313,295
24522Appomattox, VA 2452214.5 mi48$16,410,960$329,900$341,895
24551Forest, VA 2455115.2 mi102$56,536,152$434,900$554,276
24553Gladstone, VA 2455317.8 mi4$2,251,500$466,175$562,875
24517Altavista, VA 2451718.3 mi30$8,598,870$242,425$286,629
24556Goode, VA 2455619.4 mi24$19,036,584$629,950$793,191
24569Long Island, VA 2456922.5 mi2$259,800$129,900$129,900
23959Phenix, VA 2395922.9 mi2$207,398$103,699$103,699
24581Norwood, VA 2458124.0 mi1$299,000$299,000$299,000
24563Hurt, VA 2456324.5 mi12$2,958,096$211,050$246,508

Frequently Asked Questions

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

As of March 2026, there are 53 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 $262,475 as of March 2026, a 81.1% increase from $144,950 the prior year.

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

Homes in LYNCHBURG, VA 24504 spend an average of 48 days on the market before going under contract, compared to 61 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 March 2026, LYNCHBURG, VA 24504 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 48 days on market compared to 61 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 $5,250 compared to a typical 5% commission on the median listing price of $262,475. 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.