Lynchburg, VA 24504 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Lynchburg, VA — 24504
Market Hotness
52
Hotness Rank
#6,054
Hotness Score
52
Supply Score
43
Demand Score
62
DOM vs US
+1.8%
Slower
Price vs US
57%
Below avg
Median Listing Price
$246K
Population
9,632
Households
34,208
Median Days on Market
55
Active Listings
53
New Listings
22
Housing Market
Pricing
Median Listing Price
$246K
+65.1% YoY
Average Listing Price
$309K
+53.8% YoY
Price per Sq Ft
$146
+41.7% YoY
Median Sq Ft
1,851
+16.1% YoY
Inventory
Active Listings
53
+47.9% YoY
New Listings
22
+57.1% YoY
Total Listings
73
+33.9% YoY
Buyer Competition
Pending Listings
20
+11.1% YoY
Pending Ratio
0.38
-12.6% YoY
Median Days on Market
55
+0.5% YoY
Price Reduced
26.2%
+11.5% 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
9,632
+1.7% 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