Lynchburg Market Report
$318,024
AVERAGE PRICE OF 441 HOMES$2,053,000
AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES$366,518
AVERAGE PRICE OF 127 NEWLY BUILT HOMES$818,827
AVERAGE PRICE OF 11 HOMES WITH A POOL$307,214
AVERAGE PRICE OF 17 REDUCED PRICE HOMESAverage Home
| Average Price | $318,024 |
| Avg Bedrooms | 3.25 beds |
| Avg Bathrooms | 2.46 baths |
Average Price by Bedrooms
| 1 bedroom | $146,922 |
| 2 bedrooms | $194,547 |
| 3 bedrooms | $267,132 |
| 4 bedrooms | $372,314 |
| 5 bedrooms | $642,890 |
Lynchburg Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 457 | 481 | 482 | 485 | 505 |
| Average Price | $323,555 | $322,697 | $327,919 | $331,619 | $338,167 |
| Avg Price Change | +0.27% | -1.62% | -1.13% | -1.97% | +0.44% |
| Median Price | $282,487 | $288,023 | $292,432 | $291,822 | $292,968 |
| Med Price Change | -1.96% | -1.53% | +0.21% | -0.39% | -0.77% |
| Avg Bedrooms | 3.48 beds | 3.51 beds | 3.69 beds | 4.22 beds | 4.02 beds |
| Avg Bathrooms | 2.41 baths | 2.39 baths | 2.43 baths | 2.75 baths | 2.77 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Heritage High School | 189 | $274,288 | 74 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 441 | $318,024 | 94 days |
| Multi-Million Dollar Homes | 5 | $2,053,000 | 315 days |
| Newly Built Homes | 127 | $366,518 | 121 days |
| Homes with a Pool | 11 | $818,827 | 140 days |
| Reduced Price Homes | 17 | $307,214 | 49 days |
