Lynchburg, VA 24502 Real Estate & Property Data
Last Updated: April 27, 2024
A total of 670 residential properties have been sold over the past 12 months in 24502. With a median sales price of $232,500 in 24502. Discover market trends and get the granular level real estate data for Lynchburg, VA 24502 to keep your pulse on the housing market. Curate compelling home reports for Lynchburg, VA 24502 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.
Total Residential Properties 13,307
Total Commercial Properties 1,664
Avg. Home Age (Single Family Home) 51 Years
Avg. Square Feet (Single Family Home) 1,602
Total 2024 Residential Sales (year-to-date) 99
% of Homes Seriously Underwater (Q2 2024) 1.23%
Total 2023 Residential Sales 602
% of Equity Rich Homes (Q2 2024) 33.79%
Effective 2023 Property Tax 0.53%
Total Foreclosure Filings (year-to-date) 3
Lynchburg, VA 24502 Real Estate Overview
There were 670 residential properties sold in the past year in Lynchburg, VA 24502. The median home value in Lynchburg, VA 24502 is $253,206. There are a total of 13,307 residential properties in the 24502.
Median Sales Price i
$232,500
(Feb 2024)
+5.7%
year-over-year
y-o-y
- February '24 Feb '24 $232,500
- January '24 Jan '24 $280,000
- December '23 Dec '23 $262,500
- November '23 Nov '23 $262,800
- October '23 Oct '23 $269,000
- September '23 Sep '23 $275,000
- August '23 Aug '23 $264,900
- July '23 Jul '23 $265,000
- June '23 Jun '23 $260,000
- May '23 May '23 $249,000
- April '23 Apr '23 $231,750
- March '23 Mar '23 $237,000
Median Down Payment i
$30,500
(Feb 2024)
-5%
year-over-year
y-o-y
- February '24 Feb '24 $30,500
- January '24 Jan '24 $46,900
- December '23 Dec '23 $13,000
- November '23 Nov '23 $22,300
- October '23 Oct '23 $15,779
- September '23 Sep '23 $31,000
- August '23 Aug '23 $42,500
- July '23 Jul '23 $25,308
- June '23 Jun '23 $35,700
- May '23 May '23 $24,800
- April '23 Apr '23 $37,450
- March '23 Mar '23 $24,740
Number of Homes Sold i
46
(Feb 2024)
-14.8%
year-over-year
y-o-y
Number of Purchase Loans i
31
(Feb 2024)
-13.9%
year-over-year
y-o-y
Number of REFI Loans i
14
(Feb 2024)
+100%
year-over-year
y-o-y
Number of HELOC Loans i
9
(Feb 2024)
-75.7%
year-over-year
y-o-y
Lynchburg, VA 24502 Real Estate Market Overview
Last 30 days- Street
- Street
- Street
Lynchburg, VA 24502 Foreclosure Activity
Total Foreclosure Filings i
Foreclosure Starts i
Completed Foreclosures (REOs) i
- February '24 Feb '24 N/A
- January '24 Jan '24 N/A
- December '23 Dec '23 N/A
- 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 N/A
- May '23 May '23 N/A
- April '23 Apr '23 N/A
- March '23 Mar '23 N/A
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