Lynchburg, VA 24502 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Lynchburg, VA — 24502
Market Hotness
65
Hotness Rank
#4,045
Hotness Score
65
Supply Score
71
Demand Score
59
DOM vs US
-12.8%
Faster
Price vs US
72%
Below avg
Median Listing Price
$310K
Population
41,979
Households
34,208
Median Days on Market
40
Active Listings
120
New Listings
70
Housing Market
Pricing
Median Listing Price
$310K
+0.4% YoY
Average Listing Price
$328K
0.0% YoY
Price per Sq Ft
$178
-3.2% YoY
Median Sq Ft
1,704
+0.2% YoY
Inventory
Active Listings
120
+8.6% YoY
New Listings
70
0.0% YoY
Total Listings
218
+6.4% YoY
Buyer Competition
Pending Listings
98
+2.6% YoY
Pending Ratio
0.82
-4.8% YoY
Median Days on Market
40
+8.8% YoY
Price Reduced
11.4%
-0.8% YoY
FY2026 Fair Market Rent — Lynchburg city
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,027
/month
1 BR
$1,033
/month
2 BR
$1,187
/month
3 BR
$1,635
/month
4 BR
$1,750
/month
FMR Trends — Lynchburg city
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
28.6
2024
Population
ZIP Population
41,979
+1.6% YoY
Lynchburg city Population
80,301
+0.7% YoY
Households
Total Housing Units
34,208
+0.6% YoY
Age
2024 Age Mix
79K
residents
Under 18
15,388
19.4%
Adults 18–64
52,718
66.3%
65 & Over
11,391
14.3%
Age Composition Over Time
2017–2024
Population Under 18
15,388
+0.5% YoY
Population 65 & Over
11,391
+1.3% YoY
Median Age
28.60
+0.7% YoY
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