MyMarketPulse (mymarketpulse.com) just released its analysis of the November 2024 market data for Lynchburg, Virginia.
According to the latest data, Lynchburg’s Median Sale Price was pegged at $285,000, showing an increase of 9.2% from the preceding month and a rise of 46.9% from the year before.
During this period, 71 home was sold in the area, reflecting a decrease 1.4% compared to the month beforeand and an increase of 26.8% from the same month in the previous year.
The Median Days on Market for homes in Lynchburg stood at 19 days, which is a decrease of 2 days days over the previous month and up by 4 days day from the previous year.
The Market Pulse Score for Lynchburg is presently at 102, signaling an upward trajectory in the market’s activity.
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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