MyMarketPulse (mymarketpulse.com) just released its analysis of the April 2024 market data for Lynchburg, Virginia.
The Median Sale Price for properties in Lynchburg was documented at $281,000 for April 2024. This price point is an upward move of 14.1% from the previous month and shows a 21.4% rise from the year before.
72 homes were sold, an increase 5.9% from the previous month and an increase of 22.0% from the prior year.
Additionally, the Median Days on Market for listings was observed at 12 days, 6 days shorter compared to the previous month and longer by 4 days from last year.
Currently, with a Market Pulse Score of 105, Lynchburg’s real estate market appears to be experiencing an upturn.
For more information about the Lynchburg, Virginia market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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