Lynchburg, VA Real Estate & Property Data

Lynchburg Real Estate Market Trends
Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Lynchburg, VA. ATTOM’s Lynchburg real estate data is updated daily, and current market trends show that in Lynchburg, VA a total of 1,848 residential properties have sold over the past year. With a median home price of $228,750 in Lynchburg and a total of 3 foreclosures. Get detailed property data for Lynchburg, VA instantly. ATTOM is your one-stop-shop for the Lynchburg property reports and real estate data you need in Lynchburg, VA.

Lynchburg Real Estate Market Trends
Total Residential Properties 31,962
Total Commercial Properties 3,757
Avg. Home Age (Single Family Home) 57 Years
Avg. Square Feet (Single Family Home) 1,677
Total 2024 Residential Sales (year-to-date) 259
% of Homes Seriously Underwater (Q2 2024) 1.76%
Total 2023 Residential Sales 1,682
% of Equity Rich Homes (Q2 2024) 30.9%
Effective 2023 Property Tax 0.54%
Total Foreclosure Filings (year-to-date) 6
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Lynchburg, VA Real Estate Overview

There were 1,848 residential properties sold in the past year in Lynchburg, VA. The median home value in Lynchburg, VA is $240,775. There are a total of 31,962 residential properties in the Lynchburg.

Median Sales Price i
$228,750
(Feb 2024)
+15%
year-over-year
y-o-y
  • February '24 Feb '24 $228,750
  • January '24 Jan '24 $265,000
  • December '23 Dec '23 $259,900
  • November '23 Nov '23 $255,000
  • October '23 Oct '23 $232,950
  • September '23 Sep '23 $250,000
  • August '23 Aug '23 $255,250
  • July '23 Jul '23 $275,880
  • June '23 Jun '23 $261,001
  • May '23 May '23 $242,900
  • April '23 Apr '23 $233,500
  • March '23 Mar '23 $247,450
Median Down Payment i
$29,550
(Feb 2024)
+2.4%
year-over-year
y-o-y
  • February '24 Feb '24 $29,550
  • January '24 Jan '24 $40,000
  • December '23 Dec '23 $27,750
  • November '23 Nov '23 $24,145
  • October '23 Oct '23 $23,000
  • September '23 Sep '23 $25,500
  • August '23 Aug '23 $34,500
  • July '23 Jul '23 $20,400
  • June '23 Jun '23 $38,000
  • May '23 May '23 $27,000
  • April '23 Apr '23 $25,615
  • March '23 Mar '23 $28,700
Number of Homes Sold i
145
(Feb 2024)
+17.9%
year-over-year
y-o-y
  • February '24 Feb '24 145
  • January '24 Jan '24 114
  • December '23 Dec '23 130
  • November '23 Nov '23 107
  • October '23 Oct '23 138
  • September '23 Sep '23 130
  • August '23 Aug '23 147
  • July '23 Jul '23 148
  • June '23 Jun '23 171
  • May '23 May '23 194
  • April '23 Apr '23 131
  • March '23 Mar '23 170
Number of Purchase Loans i
97
(Feb 2024)
+6.6%
year-over-year
y-o-y
  • February '24 Feb '24 97
  • January '24 Jan '24 62
  • December '23 Dec '23 92
  • November '23 Nov '23 65
  • October '23 Oct '23 101
  • September '23 Sep '23 86
  • August '23 Aug '23 99
  • July '23 Jul '23 112
  • June '23 Jun '23 114
  • May '23 May '23 134
  • April '23 Apr '23 91
  • March '23 Mar '23 109
Number of REFI Loans i
48
(Feb 2024)
+166.7%
year-over-year
y-o-y
  • February '24 Feb '24 48
  • January '24 Jan '24 41
  • December '23 Dec '23 49
  • November '23 Nov '23 39
  • October '23 Oct '23 51
  • September '23 Sep '23 47
  • August '23 Aug '23 52
  • July '23 Jul '23 24
  • June '23 Jun '23 26
  • May '23 May '23 41
  • April '23 Apr '23 46
  • March '23 Mar '23 61
Number of HELOC Loans i
28
(Feb 2024)
-66.7%
year-over-year
y-o-y
  • February '24 Feb '24 28
  • January '24 Jan '24 30
  • December '23 Dec '23 37
  • November '23 Nov '23 31
  • October '23 Oct '23 38
  • September '23 Sep '23 37
  • August '23 Aug '23 67
  • July '23 Jul '23 120
  • June '23 Jun '23 121
  • May '23 May '23 96
  • April '23 Apr '23 47
  • March '23 Mar '23 34

Lynchburg, VA Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Lynchburg, VA Foreclosure Activity

There were a total of 3 Lynchburg, VA properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 3
  • December '23 Dec '23 6
  • November '23 Nov '23 10
  • October '23 Oct '23 7
  • September '23 Sep '23 9
  • August '23 Aug '23 3
  • July '23 Jul '23 9
  • June '23 Jun '23 3
  • May '23 May '23 5
  • April '23 Apr '23 4
  • March '23 Mar '23 7
Foreclosure Starts i
3
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 3
  • December '23 Dec '23 6
  • November '23 Nov '23 10
  • October '23 Oct '23 7
  • September '23 Sep '23 9
  • August '23 Aug '23 3
  • July '23 Jul '23 9
  • June '23 Jun '23 3
  • May '23 May '23 5
  • April '23 Apr '23 4
  • March '23 Mar '23 7
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 1
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
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