MyMarketPulse (mymarketpulse.com) recently disclosed its June 2024 findings on the housing market conditions in Lynchburg, Virginia.
For June 2024, the data showcases a Median Sale Price of $279,900 in Lynchburg, a rise of 2.5% from the last month and an increase 15.8% from the same period the previous year.
The area witnessed the sale of 95 homes during this period, which is a 21.8% increase from the preceding month and an increase of 8.0% compared to the same timeframe last year.
The Median Days on Market for homes in Lynchburg stood at 8 days, which is a decrease of 5 days days over the previous month and down by 1 day day from the previous year.
The Market Pulse Score for Lynchburg comes in at 119, pointing to a rising trend within the local real estate market.
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.
MyMarketPulse – What the Pros Know