VA · Metro #191

Lynchburg - VA housing market

The Lynchburg metro has a typical home value of $291,659, up 3.1% from a year ago. Homes are moving fast at 19 days on market, a strong seller's market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$291,659
+3.1% vs. year ago
Median sale price
$278,542
+1.3% YoY
Median list price
$351,596
Sale-to-list ratio
98.3%
Selling below ask
Days on market
19d
Listings w/ price cut
25.3%
New listings / mo
375
+7.1% YoY
Homes for sale
1,166
+8.8% YoY
Typical rent
$1,342/mo
+4.4% YoY
Rent vs buy
18.1x
Context

How to read this data

The typical home value ($291,659) is the Zillow Home Value Index for the Lynchburg - VA metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 3.1% over the past year. In Lynchburg - VA, that means a home worth $282,889 last year is now worth roughly $291,659.

The median sale price, what homes actually close for, is $278,542. Homes are selling at 98.3% of list price, meaning buyers have room to negotiate.

Homes listed in Lynchburg - VA sit on the market for roughly 19 days before going pending. Shorter = seller's market; longer = buyer's market.

About 25.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 375 new listings hit the market each month in Lynchburg - VA. There are currently 1,166 homes for sale, up 8.8% from a year ago.

The typical monthly rent in Lynchburg - VA is $1,342, up 4.4% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 18.1x, toss-up (#77 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,499 a month in principal and interest, $157 more than renting before taxes, insurance and upkeep. The two break even at a 5.62% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Related

Other metros in VA

MetroHome value1-yr changeDays on market
Washington - DC$579,812 -0.1% 13.0d
Virginia Beach - VA$375,665 +2.7% 25.0d
Richmond - VA$397,963 +2.5% 9.0d
Roanoke - VA$303,569 +3.7% 18.0d
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