What the Pros Know
118
MyMarketPulse Score
111 Price
124 Volume
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79,535
Population
0.4% YoY
202327.1
Median Age
5.2% YoY
2022$56,243
Median Household Income
4.1% YoY
202236,616
Labor Force
0.4% MoM
2.2% YoY
7/202434,771
Employed
0.1% MoM
3.2% YoY
7/20245.0%
Unemployment Rate
6.4% MoM
22% YoY
7/2024$271,900
Median Sale Price
7.8% MoM
7.7% YoY
8/202479
Homes Sold
16.8% MoM
1.3% YoY
8/20241.7
Months Inventory
33.2% MoM
16.2% YoY
8/202435
Days on Market
25 MoM
27 YoY
8/2024133
Listings
8.1% MoM
16.7% YoY
8/202499.0%
Sale Price to List Price
0.1% MoM
0.6% YoY
8/2024
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Cities included in Lynchburg: Lynchburg
1. Population Data from U.S. Census Bureau.
2. Employment Data from Bureau of Labor and Statistics
3. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.