What the Pros Know
Market Snapshot
Zip Code 24502 | Lynchburg, VA
41,134
Population
YoY
202231.5
Median Age
YoY
2022$62,537
Median Household Income
YoY
2022$280,000
Median Sale Price
1.8% MoM
4.1% YoY
7/2024115
Homes Sold
11.7% MoM
5.5% YoY
7/20240.3
Months Inventory
20.6% MoM
258.1% YoY
7/20248
Days on Market
100 MoM
200 YoY
7/202434
Listings
15.0% MoM
240.0% YoY
7/2024100.2%
Sale Price to List Price
0.1% MoM
0.4% YoY
7/2024
1. Population Data from U.S. Census Bureau.
2. 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.